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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

Assess your emergency savings today and explore ways to bolster them through possible side hustles or gig work. Get ahead of a possible job loss by punching up your resume today. It has helped more than 2 million consumers nationwide manage their personal finances and debts. Prepare by paying off debt.

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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

The post Managing Family Finances: Tips and Strategies for a Better Financial Future appeared first on Penny Pinchin' Mom. Family finances can be tricky! Provide your family with a desirable quality of life while still ensuring that your family’s finances are secure for the future. I would know.

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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

If you are working at becoming a millionaire, perhaps you dream about the mansion you will buy and the servants you will have, the vacations you will take and the interests you will pursue. You still want to do your best at work. Some might find it surprising that a millionaire would want to keep working.

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Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

Another difficulty has to do with the fact that rules of thumb related to stock market returns don’t always work out, either. If you lose your job, or encounter another financial setback, 30% of your income might be too much to handle for a mortgage payment — especially if you have other debt. Money Tips'

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

You are one emergency short of losing track of your finances. I would recommend that you have at least six months to a year’s worth of your monthly expenses saved in the event of a job loss or an unexpected emergency. So, you want to get started on debt repayment so you can focus on other financial goals? What gives?

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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

The same can be said about finances – it is often the little things you do, the small actions you take, that have the biggest impact on your financial security, both in the present and in the future. A budget helps you track your finances so you know exactly where you are and whether you’re on track.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

Your money stays yours, so you can make it work for you. We also went through multiple job losses, surgeries, huge car repairs, etc. Travel, buy fun stuff, give gifts, help others, work if I feel like it and not if I don’t, etc. When’s our debt free date now that I sent in that $1000 from that extra work?

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