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10 ways to generate cash this winter

Discount Coder UK

We were watching TV last night and discussing how radically things have changed since 2008 when the credit crunch and banking crisis wrecked what turned out to be a hideously unstable economy. Back then several friends of ours were thinking about buying second properties to let or as a holiday home. And people were buying.

2008 66
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Wishing all our lovely customers festive jollity!

Discount Coder UK

The British economy seems to have turned a corner at last, five years after the credit crunch and banking crisis hit the headlines and the world we knew imploded. Looking back at the bad old days It’s hard to imagine, these days, how back in 2008 so many people were. What a year it’s been! Seasonal'

2008 45
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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. Most accounts are government-insured up to $250,000 per account type per bank, so you’ll be compensated even if the financial institution fails.

April 52
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5 Economic Assumptions We (still) Make That Won’t Always Be True

Prairie Eco-Thrifter

Hmmmm, in 2008 one of the biggest fears was that credit markets would dry up causing massive restrictions in banks lending to one another and therefore massive refusals to lend money to us. If this particular part of the crisis had not been averted, bank and business failures would have been even more prolific.

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Your Diploma Guarantees You Nothing

Prairie Eco-Thrifter

I graduated from college in 2008 with a degree in Finance. Do you remember 2008? Banks were closing and businesses were struggling (some still are). I had a mindset that I could just cruise through school, grab that diploma, and enter into my field of choice. The opportunity for college grads was at an all-time low.

College 174
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Should You Consider Investing Your Money?

Prairie Eco-Thrifter

You will have no doubt heard on the TV all the turbulence in the banking sector and in the Eurozone , it seems to have been going on forever. GDP fell by 25% and markets crashed far more than they did in 2008. The truth is financial markets have always had these “panic” events. One striking example is the great depression of 1929.GDP

Money 186
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How to Handle the Stock Market Roller Coaster Ride?

Prairie Eco-Thrifter

If you want to read up on that stuff, plenty of it was written in 2008 and 2009. I will go to the bank and stockpile some cash. Am I just weird or do some of you also react that way? In fact, my first draft of this article was going to detail just that. Here are a few links. Top Ten Ways to Prepare for a Depression . Why Not Do Both?

Recession 176