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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. To be financially free, you have to stay the course financially.

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10 Best Low-Risk Investments In April 2024

Savings Corner

Even as inflation comes down and the Federal Reserve’s tightening cycle looks like it’s about to end , the economy still faces the risk of a recession. That may be fine if your goal is to preserve capital and maintain a steady flow of interest income. You’ll want to avoid being locked into below-market CDs for too long.

April 52
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How Growing Your Finances Is Like Gardening

Prairie Eco-Thrifter

If you and your spouse or family disagree on saving, spending or investing one party may inadvertently sabotage the efforts of the other. One plant may do well in the sun, others in the shade. Some asset types do better during inflationary years, some do better in recessions. It’s the same way with finances.

Finance 133
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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

While legally that’s true, in practice passive income may take other forms. Many people think that passive income is about getting something for nothing,” says financial coach and retired hedge fund manager Todd Tresidder. “It For example, language teachers and stock-picking advice may use this model.

Money 52