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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

Hatch a plan to tackle your debt, particularly high-interest balances, to help you free up more cash. Get ahead of a possible job loss by punching up your resume today. Generally, you want to aim for an emergency fund of three to six months of expenses. Prepare by paying off debt.

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How to Overcome an Addiction Without Breaking the Bank: Key Tips to Follow

Koupon Karen

Breaking free doesn’t have to be financially draining. Addictions can lead to job loss, strained relationships, legal issues, and health problems, all of which come with their expenses. Some organizations offer free or low-cost support groups and counseling services.

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

Penny Pinchin' Mom

From a personal point of view, I much prefer living debt free. Drawbacks of Paying Off Debt With Limited Resources As unbelievable as it might be, paying off your debts has some disadvantages. It’s a question of how to ensure the gains outweigh the losses.

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Should You Accept Family Money?

Prairie Eco-Thrifter

Sometimes parents will offer temporary funding to tide the family over in times of unusual circumstances (such as job losses or extreme medical expenses, etc). In Canada, parents can give unlimited, tax free amounts to anyone anytime. Parents do watch to see how offspring utilize monetary resources.

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

Family Balance Sheet

Today’s Debt Free Story is from Jessica. She owns Every Single Dollar , an online financial resource dedicated to helping single women make informed financial decisions and set themselves up for financial success. I had $56,000 of debt when I decided to become debt free. What inspired you to get debt free?