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Are You Financially Resilient?

Money Talk

Financial resiliency is enhanced with financial resources, such as savings, health insurance, and a good-paying job. Below are five examples: ยจ Maintain a Low Debt-to-Income Ratio- Keep monthly consumer debt payments (all debts except a mortgage) at 15% or less of monthly take-home pay.

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Having a Baby? Use Your Pre-Tax Funds to Save

Benefit Resource Inc.

Even with health insurance, labor and delivery can cost around $5,000, and without insurance, it can be upwards of $40,000. Since we had contributed pre-tax to our HSA before birth our take home pay was lower. What to Do as Your Child Grows : Prepare your finances.

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5 ways to prepare for a recession

Best Money Moves

How much are your basic monthly living expenses, including food, shelter, health insurance, transportation, childcare? Add up all of these expenses to understand whether youโ€™re spending more, less or the same as your take-home pay each month. How much cash can you get your hands on quickly, if you need it?