Prairie Eco-Thrifter
AUGUST 15, 2012
One of the best things you can do for the sake of your own self reliance is to build up your home food storage. You can start building your home food storage little by little — without a huge capital outlay. Look at your spending plan, and determine how much money you have each week to put toward building your food storage.
Savings Corner
FEBRUARY 2, 2024
By Margarette Burnette Margarette Burnette Senior Writer | Savings accounts, money market accounts, banking Margarette Burnette is a NerdWallet authority on savings, who has been writing about bank accounts since before the Great Recession. When you put money in a savings account, the interest you earn builds on itself.
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Prairie Eco-Thrifter
AUGUST 17, 2011
Are we on our way to an actual depression (as opposed to the Great Recession)? I will go to the bank and stockpile some cash. Occasionally, hubby and I have discussed digging a well, building an outhouse and putting in another wood stove and I have on rare occasion considered buying a generator. Hughes, Jr.
Prairie Eco-Thrifter
MAY 23, 2017
A smile or a word from a parent or teacher, seeing someone enjoying their savings, a chance combination of a happy conversation, a sun shiny day and an increased amount in the piggy bank – all may result in one child’s brain being wired towards the pleasure of saving. Included here is peer pressure.
Savings Corner
APRIL 4, 2024
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. Building a portfolio that has at least some less-risky assets can be useful in helping you ride out volatility in the market. So money market accounts present no risk to your principal.
Prairie Eco-Thrifter
MAY 26, 2016
Both are now old enough to open a bank savings account. I would go into the bank with my stubby little hands clutching my months worth of allowance (total of $1), deposit it and see the results right off printed in my book. Most of the time, the best we can expect from bank savings accounts has been from 2% to 5% before inflation.
Prairie Eco-Thrifter
MARCH 8, 2017
Some asset types do better during inflationary years, some do better in recessions. Automatic payroll transfers to your bank or financial institution make this very easy. Prune down debt to make way for savings to build. Limit your selections within each category. Prune for growth.
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