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How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

We planned our purchase in the heady days just prior to the recession of 2008/2009. We paid around $200,000 in 2007 for the property with an extra amount for furnishings and a slip in a yet-to-be-built boat dock. We planned to rent out the property and thought it would rent quite a few days of the year. Property value appreciation.

Vacation 124
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Should You Invest In A Rising Market?

Prairie Eco-Thrifter

We individual investors have all become market skittish since the recent huge recession and economic downturn. I’d rather buy stocks at a lower price and sell them at a higher one if I can. It’s hard for me, emotionally to avoid trying to time the market.

Economy 187
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Seven Retirement Lessons Learned

Prairie Eco-Thrifter

Hubby retired in July 2007. Then the Great Recession hit so I postponed for a few years. In 2010, my company was just preparing to do their first round of recession related layoffs. I’m retired! I have been since April 7, 2010. Make sure you have the financial backing to quit your job! Lesson Two – Exit Smartly.

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Can You Cut Expenses by a Half Million Dollars?

Prairie Eco-Thrifter

With the advent of the Great Recession, today’s populations are re-learning frugality and expense reduction. Since cable became widely available in 1990 and we got satellite TV in 2007, we had 17 years of savings of about $51 a month (fees for one step above basic cable) – total savings over 17 years being $10,404.

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Adult Children Living At Home – How To Approach It

Prairie Eco-Thrifter

A recent study by the Pew Research Center found that 25% of parents have one or more of their adult children living back at home with them, while a 2007 Canadian census showed that 44% of adult children between 20 and 29 have moved back in.

At Home 214