How to Save Money During a Recession

How to Save Money During a Recession

ByKori
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There is speculation that our country is headed for an economic recession, but what exactly does that mean? In my lifetime, the United States has had four major recessions: July 1981 – November 1982 July 1990 – March 1991 March 2001 – November 2001 December 2007 – June 2009 I wasn’t the one financially in charge during the first two, and during the third, I was still trying to find my way in life.  However, if another recession occurs in the near future? I want to be prepared. During the fourth recession, I cannot say that I was financially ready. But this time around, I know that I need to have a plan in place. And that includes learning how to save money during a…

How to Save Money on Household Essentials

How to Save Money on Household Essentials

ByKori
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Does it feel like, no matter how accurate you think your family budget is, that you just don’t have enough? Do you feel like you’re constantly living paycheck to paycheck? I understand how you feel. Though we do manage just fine and make ends meet, there were times that I just had to wonder how we were going to get through the month. Of course, the priority was making sure that the kids had enough to eat and that we had other household essentials taken care of. It’s a stressful way of life but one that many of us are used to. But what can we do about it? Sure, we can make a budget and then hope that everything works itself out. We could…

Why You Need a Budget

ByKori
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Budgeting is not an easy topic but one that many deal with or face. Why do we fear budgeting? For some, it’s a matter of sacrifice and learning to live with less. This prospect may scare us. For others, it may be coming to terms with our financial reality. For example, when we carry a lot of debt and we’re already living paycheck to paycheck; the thought of fully facing our personal finances is a stressful situation. However, living within a budget does not have to be a scary situation. In fact, a budget can be financially freeing once you get used to it. And I would even argue that if you’re in any sort of debt, you need a budget. Let’s talk about the…

Budgeting For a New Baby

ByKori
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When Kyle and I got together, our family was pretty much complete already. Certainly, we did talk about the possibility of having more children but with both of us bring in two children already, we were also content enough with what we had. Squeaker, obviously, had other plans. And quickly we realized our blended family of six, would soon be a blended family of seven. One of the first things that we started talking about was how we were going to afford said new baby. Kyle has a pretty good job, and at the time I was still working part time. But after the baby got here? Well, that was another matter entirely. It might have been two months in when we started talking about…

6 Tips for Living Well Within a Budget

6 Tips for Living Well Within a Budget

ByKori
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A common myth about budgeting is that you’re making too many sacrifices and by doing so, you’re giving up a lot of luxuries and comforts. While this might be true for some things, it is still possible to live well within a budget. You can also learn to live with less if the thought of living well within a budget is just unappealing to you. Or maybe you feel that just don’t need a budget and that you can manage your money by yourself. While this very well might be true, I would still recommend considering a budget- you never know where it might take you. Living within a budget can be intimidating to say the least, you know where your money is going and…

Get Out of Debt Budget

Get Out of Debt Budget

ByKori
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Maybe it’s because I’m a goal setter, but I really enjoy setting budgets and I think budgets can be incredibly helpful. Whether you’re starting a family budget or maybe an emergency fund, a budget can be a great way to get a visual look at your finances. So why not create a get out of debt budget if you’re struggling with that area of your life? I think that this can be a really great tool for realistically managing and eventually eliminating your debts. How do you create a get out of debt budget? Well, you’ll start like you would with any budget. Start by factoring in your current debts. You want to know several things about your debt: * The current total amount due…