Remove Economical Remove Emergency Fund Remove Food Remove Insurance
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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

As Americans assess their financial situations following a challenging year, several economic signs — including continued high interest rates and lingering inflation — are still warning of a possible recession sometime in 2023. An emergency fund is vital regardless of the larger economic climate.

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How to Prevent Three Common Disastrous Personal Financial Mistakes

Prairie Eco-Thrifter

Lack of An Emergency Fund . One of the most common disastrous finance mistakes is not having any sort of financial back-up for emergencies. Experts recommend an emergency fund of at least six month’s salary as essential, especially if you are struggling to make ends meet. So, have you made any of these mistakes?

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

I have written often about the importance of an emergency fund. Who would have concocted a story like this when planning for an emergency? A layoff or a drop of business happened in the past, but a global economic shut down from a deadly virus? 2 – Start stockpiling food. Cash is King.

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