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The ABC’s of Debt Reduction

Prairie Eco-Thrifter

The economic effects of the recession of 2008 are still very much upon us. As a result of the recession, many have resolved to forever alter the way that they conduct their household business. Regardless as to the specifics, many Americans have elected to decrease spending, increase savings and eradicate debt. Create a budget.

Debt 157
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How Growing Your Finances Is Like Gardening

Prairie Eco-Thrifter

Some asset types do better during inflationary years, some do better in recessions. Pick the right mix of savings, stocks, bonds and other asset types to suit your needs, goals, and your stage of life. Discuss and agree on financial goals within your family. All require pruning for growth, just as your investments and debts do.

Finance 133
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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

And if you’re worried about being able to save enough of your earnings to meet your retirement goals , building wealth through passive income is a strategy that might appeal to you, too. Try Bankrate’s free AdvisorMatch service to quickly get connected to a CFP® professional who can help you achieve your financial goals.

Money 52