article thumbnail

What Is National Financial Literacy Month?

Prairie Eco-Thrifter

The number of personal bankruptcy filings reached 1,500,000 in 2010, the highest number since 2005, and in 2011, the percentage of total consumer filings increased from 2010 (according to the National Bankruptcy Research Center).

article thumbnail

Taking a Loan: Is Now a Good Time?

Prairie Eco-Thrifter

The global economic downturn and credit crunch has placed a large number of people under great financial pressure. If you’re seeking a debt consolidation loan for existing debts, try to find a provider that can give you a longer repayment period, which will reduce the amount of your monthly repayments.

Debt 183
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Delayed Gratification: A Strategy to Curb Over-Spending and Secure A Sound Financial Future

Prairie Eco-Thrifter

In economics-speak, this kind of person has a “ flat discount function ,” meaning he values tomorrow almost as much as today and is therefore able to delay gratification. To measure brain activity while people considered whether to delay gratification, researchers slid their subjects into functional magnetic resonance imaging (fMRI) machines.

Money 213
article thumbnail

Carnival of Financial Planning – Money Management Edition #241 – June 15, 2012

Prairie Eco-Thrifter

The Skilled Investor , Editor Budgeting and Economics Paul Vachon presents Frugal Living Made Easy posted at The Frugal Toad , saying, “Frugal living is all about making informed and deliberate choices in how to spend money. If I failed to come through on my repayment of that loan, he could have been saddled with the debt.

Money 124
article thumbnail

Carnival of Financial Planning – Money Management Edition #236 – May 11, 2012

Prairie Eco-Thrifter

The Skilled Investor , Editor Budgeting and Economics Little House presents The Five Tool Budgeter posted at Little House in the Valley , saying, “In baseball, a five-tool player is one who excels in some of the game’s major skills: fielding, base running, hitting for power, hitting for contact, and throwing ability. .

Money 113
article thumbnail

Festival of Frugality #271- 10 Movies, 10 Lessons Edition

Prairie Eco-Thrifter

So we spent some time researching on ways to cut down our grocery bill. Kristia presents Save Money On Groceries Without Using Coupons | Kitchen Economics Link Up posted at Family Balance Sheet , saying, “You don’t have to be an extreme couponer to save money on groceries.&#. Dean presents Gas Prices Rise: What Say You?

Frugal 150
article thumbnail

Buying A House In 2023: A Step-By-Step Guide

Savings Corner

Whatever the economic state of the real estate market, buying a house can be an exciting and emotional process. Be sure to do your research: Many types of loans require a much lower minimum down payment , and there are many government programs to help cover down payment costs for qualified buyers.