Motherhood Moments

JANUARY 18, 2023

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. Prepare for the unexpected.

Recession 100

Recession Finance Emergency Fund Debt 100

Prairie Eco-Thrifter

MAY 1, 2013

What if you estimate your retirement based on how much you are able to save, but a job loss means you can’t set aside money anymore, plus you lose your employer match? Markets and economic conditions change as well. Economic conditions might lead to greater inflation than expected.

Life Insurance 213

Life Insurance Insurance Debt Property Taxes 213

Prairie Eco-Thrifter

AUGUST 17, 2011

Even if you aren’t invested in the market, you wonder if this will ripple down to you in the form of more job losses, higher prices, inflation, benefit reductions and belt cinching. This economic downturn is just the ticket to accomplish some of those actions. Share tips on surviving economic downturns within the family.

Recession 176

Recession Economical Grandchildren Kids and Family 176

Prairie Eco-Thrifter

MAY 30, 2012

Not Having an Emergency Fund It is dangerous to spend every cent you earn and not to have buffer against illness, injury, job loss or hard economic times. Get rid of ones you don’t need; stopping some of these never-ending payment plans is a great way to start savings. Make establishing an emergency fund a priority.

Money 235

Money Emergency Fund Debt Financial Goals 235