article thumbnail

Stay the Course Financially

Prairie Eco-Thrifter

My grandchildren’s other set of grandparents are just one example. With interest rates so low, why not spend now, using debt, instead of waiting for inflation and higher interest rates to kick in and raise the price of goods and services. During the long 7 years since the crisis, many people lost jobs and houses.

article thumbnail

Unintended Consequences

Prairie Eco-Thrifter

Examples of unintended consequences. The actual result was that other members took that as an opportunity to take on several improvement projects this year, thereby using up any reserve funds we might accumulate with the increased $60 a month fee. If you push in one direction, the organism may pop in several different directions.

article thumbnail

Interview with a Self-Made Millionaire

Prairie Eco-Thrifter

For so long, we plodded along with next to nothing while our neighbors were running up their charge cards and using home equity loans to take vacations. But, I can’t believe people are making big bucks telling other people how to control their spendthrift ways, or sharing how to shave a few cents off a grocery bill.

Thrifty 213