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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. In a recession, you’ll likely cut back on unnecessary expenses.

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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.

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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.

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Sustainable Living Traits To Pass On To Your Children

Prairie Eco-Thrifter

Go hiking and camping and show them the beauty of the outdoors (and teach them to leave trails and campsites better than when you arrived) Plant a garden with your children to give them a tangible example of how much fun growing your own food and eating healthy can be! Stress the importance of saving and staying away from debt.

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Saving Your Pennies For A Rainy Day

Prairie Eco-Thrifter

Your needs are crucial, and include things like food, water, clothes, transportation, etc. This is not to say you should turn into an extreme couponing person, although if you can make it happen, more power to you. This will help you save money, especially when you take a look at the prices of food today.

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Your Car Insurance Rates Can Be Lower If…

Prairie Eco-Thrifter

I’d be flipping burgers at the nearest fast-food chain instead. So use car pools and public transport when you can, and drive only when you have to – you’ll save a lot on insurance. When I was a kid, I thought school was evil, now that I’ve grown up I realize that if it wasn’t for school I wouldn’t be where I am today.

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Festival of Frugality #271- 10 Movies, 10 Lessons Edition

Prairie Eco-Thrifter

posted at FIRE Finance , saying, “We decided to optimize our grocery expenses and pull the strings on our food budget even tighter. Over the last decade, this book has helped me to save thousands of dollars on our housing, transportation, food and clothes.&#.

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