article thumbnail

Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

Prepare ahead of time and create a bare bones budget that includes only your essentials — think food, shelter, clothes, transportation and insurance — so you have a plan in the event that you experience a loss of income or need to cut expenses suddenly. In a recession, you’ll likely cut back on unnecessary expenses.

Recession 100
article thumbnail

How to Save Money on Food Costs

Prairie Eco-Thrifter

This constitutes food that you buy but don’t consume. If your finances are tight and you already have several credit cards with high balances, it is time to change your shopping behavior to save as much as possible. Honey and eggs are good food. Do what you can to save as much as you can on your monthly food bill.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Downsizing to an Apartment Has Saved Us Money

Prairie Eco-Thrifter

We are also better about the way we make food purchases. Since we don’t have an extra freezer to store items anymore, we aren’t buying huge amounts of food. This has led to a smaller grocery bill, even though food costs more out here. We’ve been making an effort to ensure that our food doesn’t go bad.

Money 195
article thumbnail

How to Prevent Three Common Disastrous Personal Financial Mistakes

Prairie Eco-Thrifter

A financial advisor told me recently that the thing that really made him upset was that nearly every new client he spoke to was making the same disastrous personal finance mistakes. So let’s look at the most common personal finance mistakes and what you can do to prevent or fix them. That was me, at any rate.

article thumbnail

Yakezie Blog Swap

Prairie Eco-Thrifter

Jacob from My Personal Finance Journey shares tips about how he saves big money on food and beverages at Saving Money On Food & Drinks at Happy Simple Living. Derek from Life and My Finances shares his parents’ story and best lesson with Paying Off Your Debts Early at Retire By 40.

Swap 113
article thumbnail

How to Go Green Witout Going Broke

Prairie Eco-Thrifter

That way you keep both the glass and plastic bottles out of the landfill and you reduce the environmental impact of transporting water from draught-ridden areas. According to EndHunger.org, approximately 40 percent of the foods Americans buy goes to waste. Another option is to invest in a chest freezer to store foods long-term.

Green 113
article thumbnail

Are You Prepared For An Emergency?

Prairie Eco-Thrifter

I have emergency supplies in the car, including blankets, food, flares, and First Aid. You may not be able to store six months of non-perishable food items in a small apartment, but you can at least get through the initial stages of a crisis with the help of a 72-hour kit and what you have on hand for the week.