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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. An emergency fund is vital regardless of the larger economic climate. Prepare for the unexpected. Prepare by paying off debt.

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Create your debt freedom plan

Family Balance Sheet

Becoming debt-free became very appealing and the idea of being able to give more, save more, and live more was the direction we wanted to go. Our personal finances are so interwoven with our small business finances that we view them as one. At times the plan felt intimidating, but it also changed the direction of our finances.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

The cost of college education is crushing and many parents feel compelled to assist or pay for the entire tuition. But for our own safety net, we must make our finances a priority. It’s hard to change and improve your finances if you have no idea where you currently stand. Start Saving for your Emergency Fund TODAY!

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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. My University Money: Should I Pursue a Co-op Education? There were 56 submissions this week. Some freedom.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Each year I bring them together in my Grandma Rie’s Money Camp and focus on different aspects of personal finance, with saving being a focus in each camp. Using a student loan to get educated or re-educated in a new (presumably higher paying) field could also be a sure thing. percent, after inflation.

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How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

“The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates a sense of order, trains forethought, and so broadens the mind.” Munger so aptly puts it, learning how to save money fast is an education in and of itself. This is technically free money that gives your 401(K) a real boost.

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How to Avoid Financial Disaster

Prairie Eco-Thrifter

Education is the key here. Educate yourself about financial matters as they apply to your circumstances. Start an Emergency Fund One of the biggest things you can do to help avoid disasters is to create an emergency fund. A diversified mutual fund is an excellent way to achieve a diversified portfolio.