Remove 2009 Remove Economy Remove May Remove New Cars
article thumbnail

4 Financial Lessons Your Parents Forgot to Teach You

Saving Cents With Sense

It’s still a tough economy, but these smart financial decisions help you stay ahead of the financial troubles that your peers face. Your parents, especially if they are baby boomers, grew up in a vibrant economy that afforded them many advantages. ©2009-13 Saving Cents with Sense ™, a website of Saving Sense Media LLC.

article thumbnail

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. percent in 2009, the U.S. In spite of a 2009 study by Scott I. They asked him what would likely cause us to come out of recession. billion in March.

article thumbnail

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. Financial moves in a low interest rate economy. Pretty much nothing. Risk tolerance can dictate you save.

Money 124