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Grandparenthood Can Be Expensive!

Prairie Eco-Thrifter

We spoiled our children and we apparently are even more intent on doing so with our grandchildren! My parents were somewhat more interactive with their grandchildren (my kids). Why are we spending more on our grandchildren? We want some influence over how our grandchildren are raised. They tolerated our presence.

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5 Reasons Why You Should Invest in Gold

Prairie Eco-Thrifter

Let’s face it, the economy stinks and there isn’t an end in sight. Even when the economy was doing better than it is now, gold remained at a stable price. That means, the people who invested in gold, still didn’t lose much money when the economy was doing well. Why is the economy such a huge factor in gold? If so, how?

Economy 209
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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

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. Financial moves in a low interest rate economy. Lastly, being a saver sets an example for your children (or grandchildren) to model.

Money 124
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How to Handle the Stock Market Roller Coaster Ride?

Prairie Eco-Thrifter

Here are some of the actions I could take during this downturn in the economy to benefit the long term growth of our future family members: Set up a family investment partnership or company, fund it and help the grown kids invest it’s assets. This economic downturn is just the ticket to accomplish some of those actions.

Recession 176
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What Is National Financial Literacy Month?

Prairie Eco-Thrifter

Increased financial literacy empowers individuals to make wise financial decisions and reduces the confusion caused by an increasingly complex economy. A greater understanding of, and familiarity with, financial markets and institutions will lead to increased economic activity and growth.

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Stay the Course Financially

Prairie Eco-Thrifter

My grandchildren’s other set of grandparents are just one example. San Francisco’s Federal Reserve published a report: Consumers and the Economy, Part I: Household Credit and Personal Saving examining the relationship between the availability of credit and the household savings rate.