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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.

Recession 100
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The Danger In Assuming

Prairie Eco-Thrifter

Despite having climbed their way up the corporate ladder and proving their value in millions of revenue and/or savings for the companies they worked for, the structure of each company was changing such that my parents were no longer necessary, regardless of their past performance. Assumption #5: You’ll never have a surprise.

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Savings Calculator – NerdWallet

Savings Corner

By Margarette Burnette   Margarette Burnette Senior Writer | Savings accounts, money market accounts, banking Margarette Burnette is a NerdWallet authority on savings, who has been writing about bank accounts since before the Great Recession. Her work has been featured in The Associated Press , USA Today and other major newspapers.

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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

November to many of us means nothing more than turning on the heat, finishing the yard work, and beginning our hibernation from the cold. Money Beagle: Why You Should Write Your Personal Finance Executive Summary Today – Working with a clearly defined objective is key to financial success. – Two economic giants square off.

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10 Best Low-Risk Investments In April 2024

Savings Corner

Even as inflation comes down and the Federal Reserve’s tightening cycle looks like it’s about to end , the economy still faces the risk of a recession. It’s also why low-risk plays make for better short-term investments or a stash for your emergency fund.

April 52
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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

But, I wonder, will that work in today’s interest rate environment? Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data.

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