Remove Examples Remove Grandchildren Remove Recession Remove Used
article thumbnail

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. But, with each of the above, you lose the use of that money and often have little chance of even getting it back, let alone making it grow.

Money 124
article thumbnail

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. My grandchildren’s other set of grandparents are just one example.