Motherhood Moments

JANUARY 18, 2023

Get ahead of a possible job loss by punching up your resume today. Depending on your situation, you may qualify for a debt management plan. Prepare your resume. Recessions often mean layoffs and higher unemployment.

Recession 100

Recession Finance Money Pay Off Debt 100

Prairie Eco-Thrifter

JANUARY 16, 2012

Genworth Financial for example, offers job loss protection so that you can continue to make mortgage payments if you lose your job. In addition, there are tax benefits for both first-time and seasoned homeowners. Additional Benefits to Mortgage Insurance. With some institutions, you can qualify for additional benefits and perks.

Insurance 185

Insurance Buy Buying Home 185

Prairie Eco-Thrifter

MAY 1, 2013

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. Markets and economic conditions change as well. The market might not return what you expect each year.

Life Insurance 213

Life Insurance Pay Off Debt Debt Property Taxes 213

Prairie Eco-Thrifter

MAY 30, 2012

Not Having an Emergency Fund It is dangerous to spend every cent you earn and not to have buffer against illness, injury, job loss or hard economic times. Get rid of ones you don’t need; stopping some of these never-ending payment plans is a great way to start savings. Make establishing an emergency fund a priority.

Money 235

Money Credit Cards Debt Emergency Fund 235

Prairie Eco-Thrifter

JANUARY 30, 2013

This emergency might be one related to a natural disaster, or it might be a financial emergency, such as a job loss. You never know when an emergency will arise. In some cases, you might experience a financial emergency at the same time that you experience a natural disaster.

Emergency Fund 211

Emergency Fund Gas Storage Staying Warm 211

Prairie Eco-Thrifter

SEPTEMBER 15, 2014

Knowing I had the financial backing to live through negative life events (divorce, job loss, catastrophe, etc) removed a level of stress from my life. I hate to be taken advantage of in a financial transaction, just as I did when poorer. Having enough money can remove stress from your life.

Thrifty 247

Thrifty Grandchildren Kids and Family Money 247

Prairie Eco-Thrifter

OCTOBER 7, 2014

You want to be able to contribute to investment accounts and build up a solid savings to get you through an emergency or unexpected job loss. It is about making sure we are being responsible and smart with our money. You just have to figure out a sensible portion—there is no magic formula.

Money 113

Money Hobby Budgeting Budget 113