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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

As Americans assess their financial situations following a challenging year, several economic signs — including continued high interest rates and lingering inflation — are still warning of a possible recession sometime in 2023. Maliga shares several ways to prepare for a recession: Prepare a bare bones budget. Prepare your resume.

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Money Matters: New Year's Spending Survey

Motherhood Moments

With the holiday season in full swing and inflation weighing on people’s finances, more than 75% of Americans expect to spend less on New Year’s plans compared to last year and 1 in 3 people are planning to make a finance-related New Year’s resolution for 2023, according to a new WalletHub survey , released today.

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What Makes a Saver?

Prairie Eco-Thrifter

If we truly be either saver or spender, what makes us one or the other? What is it that makes a person a saver? In its simplest form, the thing that makes a person a saver is the act of saving. In its simplest form, the thing that makes a person a saver is the act of saving. The post What Makes a Saver?

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Meet a Reader | Megan from California

The Frugal Girl

Me in one of my money mistakes! We are privileged in that we both have good-paying jobs and have more than enough money to cover the bills. How did you get interested in saving money? I actually became personally interested in saving money after the embarrassing money mistake(s) I’ll tell you about in a couple of questions.

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10 Money-Saving Tips For Your Wedding

Prairie Eco-Thrifter

Here are ten ways that you save money while planning a wedding. Make a list of your musts and wants and then allocate a portion of the budget for them. With the economy the way it is and with most people affected by the recession, they will definitely understand that you want to keep costs at a minimum by having a small wedding party.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

To learn to live within your means is one of our primary family money values. Each year I bring them together in my Grandma Rie’s Money Camp and focus on different aspects of personal finance, with saving being a focus in each camp. Why would they want to save their money to get pennies a year on their principal?

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The ABC’s of Debt Reduction

Prairie Eco-Thrifter

The economic effects of the recession of 2008 are still very much upon us. As a result of the recession, many have resolved to forever alter the way that they conduct their household business. Some families find it feasible to make drastic cuts to non essential expenditures such as entertainment, dining out, and vacationing.

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