The Frugal Girl

NOVEMBER 27, 2023

We bought our house in March 2009, during some of the worst of the recession and the housing bubble bursting. I still remember that they bought a kit for me with fake checks and a fake checkbook to balance, using money in the Bank of the Parents. My parents did a really good job of providing me financial education.

California 172

California Cars Car College 172

Prairie Eco-Thrifter

AUGUST 17, 2011

Are we on our way to an actual depression (as opposed to the Great Recession)? If you want to read up on that stuff, plenty of it was written in 2008 and 2009. I will go to the bank and stockpile some cash. Write a book about our experiences during the Great Recession and this aftermath of it and offer it for sale.

Recession 176

Recession Economical Grandchildren Kids and Family 176

Prairie Eco-Thrifter

DECEMBER 8, 2014

In 2008-2009 when we had the credit crunch and recession, there was at least one day when stores were not accepting credit. If you use your debit card, and sometimes even if you use a check, you are charged a transaction fee by your bank. I always just go into my bank to get it. Cash is almost universally accepted.

Used 180

Used Credit Cards Gasoline Consumer 180

Prairie Eco-Thrifter

MAY 26, 2016

Both are now old enough to open a bank savings account. I would go into the bank with my stubby little hands clutching my months worth of allowance (total of $1), deposit it and see the results right off printed in my book. Most of the time, the best we can expect from bank savings accounts has been from 2% to 5% before inflation.

Money 124

Money Saving Money Lowes Grandchildren 124

Prairie Eco-Thrifter

APRIL 30, 2013

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. So, who do you believe?

Economy 187

Economy Money Recession Real Estate 187

Saving Cents With Sense

DECEMBER 19, 2013

Set up a bank account and allow them to start saving. Playing at recess, riding a bike, starting a new sport – allow your children to pick their favorite activity to focus on this year. ©2009-13 Saving Cents with Sense ™, a website of Saving Sense Media LLC. How are they spending their money? All rights reserved.

Kids 85

Kids Goals Kids and Family New Year's 85

Prairie Eco-Thrifter

AUGUST 26, 2011

A big problem that banks faced in 2009 is that no one wanted to buy the foreclosed homes they had on their hands, so technically, the value of those homes was $0. Make sure you have a secure source of income that you can bank on to consistently pay the mortgage. So he is forced to foreclose.

Real Estate 180

Real Estate Rent Money Cycle 180