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How To Create A Bare Bones Budget

Clever Girl Finance

There are many different ways to come up with your perfect budgeting strategy. Alongside your monthly budget, you should also have a bare bones budget waiting in the wings. What is a bare bones budget? It's a budget that only covers the necessities. That's why this is not a sustainable long-term budget.

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A Net 17 Percent Say They Will Spend Less This Holiday Season

Mish Talk

A Morning Consult offers a First Look at Consumers' 2022 Holiday Plans Key Takeaways Financial Service: To avoid going into debt this holiday season, consumers are being smarter about budgeting in advance and are more likely to favor a BNPL approach to cover holiday expenses over opening a new credit card. Want another food suggestion?

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Markets stall as investors are reminded about the continued headwinds

Nationwide Financial

The report on retail sales showed consumers are still spending, but at a slower pace, and are shifting their budget to necessities versus discretionary purchases, reinforcing the tone from retail executives. Back-to-work oriented spending, such as transportation, food, and childcare are also surging, further challenging consumer budgets.

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Market Commentary: Good News Is Good News

Carson Wealth

In 2022, positive economic data typically led to a sell-off in the stock market, and weak data often led to a rally. Strong economic growth and better data should be viewed positively, as it shows the economy isn’t falling into a recession. Core inflation, excluding food and energy, is now running below the Fed’s target.

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14 Best Recession-Proof Businesses Ideas You Can Try!

Clever Girl Finance

Recession-proof businesses can thrive despite an economic downturn. GDP is how overall economic activity is measured for a country. So, if you’re looking for recession-proof business ideas to switch into, then keep reading to find out which ones have the best chance of riding out an economic storm. Food and drinks, groceries.

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Thinking About Retiring Early? 8 Things to Consider First

Carson Wealth

Run Your Numbers You need to get a handle on your various sources of income and where they are housed — as in, how easily you can access them when you need them. Most economic research recommends a safe withdrawal rate to be no more than 2% to 4% — which could be less than you are imagining.

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Check Your Social Security Right Now

Random Roger's Retirement Planning

The red dollar amounts I put in are the spousal benefit numbers. What others, food probably? We need to budget another $900-$1000/mo for annual/semi-annual stuff like homeowners insurance, car insurance and so on. Go get your SS numbers like the ones above. Downsize your house if it makes economic sense.