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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

It has served me well over the years, eventually leading to my current position of financial freedom. My grown kids are also savers and I have high hopes that the grandchildren will follow their example. Helping the parents teach my grandchildren to save is an ongoing project of mine. I’m a saver, always have been.

Money 124
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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

Well, we made it and here are some of the surprising things I found out about having a few millions. You don’t have to contend with deciding which bill to pay or how to avoid a debt collector’s call or trying to keep the landlord off your back. You still want to do your best at work. My lifestyle didn’t change.

Money 247
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What Is National Financial Literacy Month?

Prairie Eco-Thrifter

Well according to the bill’s sponsors, in the resolution presented to and passed by the 112 th Congress this March, we have a lot of issues to solve. Household debt stood at $13,200,000,000,000 at the end of the third quarter of 2010 (according to a 2011 ‘‘Flow of Funds’’ report by the Board of Governors of the Federal Reserve System).

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Roth IRA Conversions? Better Wait and See.

Prairie Eco-Thrifter

Many well to do families have been counting on this as a way to pass along significant wealth to their next generations. Second, if I didn’t have it converted, the tax bill each year will be horrendous for them, because it would be now and I sure don’t see tax rates going down with the national debt being 15+ TRILLION dollars.

Converse 176
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Is the Building of Experiences and Memories Worth the Cost?

Prairie Eco-Thrifter

I found pleasure in thinking about giving our children and grandchildren the opportunity to see part of the world they might not otherwise see. We could well afford the cost with no foreseeable problem with our own finances now or at any time in the future. One son is trying to rebuild finances after an expensive year.

Building 100
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Stay the Course Financially

Prairie Eco-Thrifter

’ While there is some macro economic sense in consumer spending causing an impact on the country’s growth, it doesn’t necessarily play well at the individual consumer finance level. My grandchildren’s other set of grandparents are just one example. Even today, many are still unemployed or underemployed.