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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

Nobody knows for sure whether we’ll see a recession or not,” said Amy Maliga, financial educator with Take Charge America, a nonprofit credit counseling and debt management agency. Prepare by paying off debt. Hatch a plan to tackle your debt, particularly high-interest balances, to help you free up more cash.

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How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

I love her passion for helping others along their debt free journey. Krystal & Josh’s Debt Free Story. How much debt did you pay off? What kind of debt was it? It took us four years, but we paid off over $80,000 of debt! We are debt. debts one by one. What inspired you to become debt free?

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Minimize Your Impact on the Environment with Your Finances

Prairie Eco-Thrifter

Although my primary concern these days to get out of debt, I have been thinking a lot about what “GREEN” really means and how that impacts my everyday lifestyle. Transportation. Buying an electric car, carpooling or even taking public transit all reduce your overall transportation costs 1/2 to 2/3.

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How to Prevent Three Common Disastrous Personal Financial Mistakes

Prairie Eco-Thrifter

Once you’ve added up your regular financial commitments, you’ll know how much is left over for everything else, including food, transport and entertainment. I like the snowball effect method of debt reduction because it worked for me. Wouldn’t you rather have that money to save or spend? Making weekly payments will save interest.

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Are You Heading for Financial Disaster?

Prairie Eco-Thrifter

Like I state on my About page , I was in debt and living a life that didn’t satisfy me. Statistics show that nearly one in two Americans are in serious financial problems due to their debt levels. Stop making excuses, don’t justify your situation and avoid adding more debt into the mix.

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The 5 Steps to Living Money-Stress Free

Prairie Eco-Thrifter

Spending more than you can afford will definitely put you either in grave debt, or it can even make you bankrupt at some point. Avoiding the unnecessary things like extra trips to the store can help you save on gas or transportation expenses, and limiting the times that you eat out can actually do a lot for your finances.

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Why I Have Started to Like the Idea of Allowances in Family Finances

Prairie Eco-Thrifter

On the show ‘Til Debt Do Us Part on Slice, I remember watching an episode wherein the couple were trying to always “one-up” each other. If you know that each member of the couple gets a $300/month allowance, then the discretionary budget is $600/month. Easy peasy! No “One-Upping” Each Other. Money Tips'

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