Motherhood Moments

JANUARY 18, 2023

But the possibility of one provides a perfect opportunity to assess your own financial situation and make preparations that will help you weather any possible economic slowdown.” An emergency fund is vital regardless of the larger economic climate. Get ahead of a possible job loss by punching up your resume today.

Recession 100

Recession Finance Emergency Fund Debt 100

Penny Pinchin' Mom

DECEMBER 17, 2023

Create an Emergency Fund Let’s talk personal finances— $8,883 —that’s how much American households have in terms of emergency funds on average. It should be 6x that, and then you have your minimum emergency fund figure. Make it automatic and let it go into a separate account.

Finance Tips 52

Finance Tips Finance Emergency Fund Life Insurance 52

Penny Pinchin' Mom

DECEMBER 17, 2023

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. From a personal point of view, I much prefer living debt free. High interest charges make it harder to put money aside for saving.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52