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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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How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

transportation expenses. What habits did you form while being debt free that will now stick. you are debt free? When we first started paying off debt we really didn’t have anything to. We also celebrated by taking our girls on a surprise trip to NYC for my. daughter’s tenth birthday.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. – Transportation: loan payments, fuel, insurance, service/repairs, necessary parking/tolls. During that time, I started to budget for everything. Every aspect of our lives was included in our budget.

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