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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. It will take years to see a dramatic reversal of the unemployment trend that saw the US unemployment rate nearly reach 10%. As a result of the recession, many have resolved to forever alter the way that they conduct their household business.

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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. The world wide recession made us all (either of necessity or by choice) a bit more frugal.

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Worse, once you’ve spent all that energy, your audience may be apt to flee to the next popular influencer, trend or social media platform. Economic recessions can also make high-yielding personal loans a more likely candidate for default, too, so these loans may go bad at higher than historical rates when the economy worsens.

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