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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. We all are typically affected by the conditions around us, including economic conditions.

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The ABC’s of Debt Reduction

Prairie Eco-Thrifter

The economic effects of the recession of 2008 are still very much upon us. As a result of the recession, many have resolved to forever alter the way that they conduct their household business. A simple prerequisite to debt reduction is knowledge. A simple budget allows you to regulate spending as well as track cost.

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

And economic downturns can pose challenges, too. In addition, real estate is typically funded with high levels of debt financing, making it more susceptible to any economic downturn. Economic stress can also cause some companies to cut their dividends entirely, while diversified funds may feel less of a pinch.

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