Remove 2009 Remove Course Remove May Remove Recession
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Stay the Course Financially

Prairie Eco-Thrifter

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. percent in 2009, the U.S. Why stay the course? How to stay the course.

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Why Use Cash?

Prairie Eco-Thrifter

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 didn’t have cash to spend that day, you may well have been stranded out of gas. Of course this assumes that you didn’t run up fees at the ATM machine getting the cash!

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. Of course, depending on what we buy, we may experience some buyers remorse.

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