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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. Prepare by paying off debt. Prepare for the unexpected.

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Yakezie Carnival October 16, 2011- Growth 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. Don’t Quit Your Day Job: Refinance Your Mortgage and Pay the Same Amount? So what did they do?

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Find out how Richard paid off $40,000 of debt

Family Balance Sheet

Many personal finance bloggers talk about having a “no spend week” – well basically I had a “no spend” five years! In general though, the process of paying off debt has taught me a lot of things, and its a lifestyle I continue to this day. For example I got up at 3.45 Yes, but not yet!

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

I work in Finance/Accounting for a large corporation but I have also started a company called Every Single Dollar , which focuses on personal finance for single women. How much debt did you pay off? Share your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt.