Prairie Eco-Thrifter

DECEMBER 8, 2014

Gas stations, some hotels, some restaurants are examples of places you might negotiate a cash discount. In 2008-2009 when we had the credit crunch and recession, there was at least one day when stores were not accepting credit. Cash is almost universally accepted. That day the entire credit system nearly collapsed.

Used 180

Used Credit Cards Gasoline Consumer 180

Prairie Eco-Thrifter

JANUARY 10, 2017

When the Great Recession began in 2008/2009, my boss at the time (a Vice President of the company) and her spouse consulted their financial adviser to see what they should do. They asked him what would likely cause us to come out of recession. My grandchildren’s other set of grandparents are just one example.

Spendthrift 100

Spendthrift Economical Consumer Recession 100

Savings Corner

APRIL 4, 2024

If property values decline abruptly or a recession occurs , the lender could reduce your credit line, freeze it or even demand immediate repayment in full. Compared to earlier years, HELOC originations are actually on par with pre-pandemic norms, while home equity originations are actually above the figures recorded between 2008 and 2021.

Home 52

Home Work Debt Credit 52