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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

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. Financial moves in a low interest rate economy. Back then I had a passbook. ” (italics are mine).

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What Is National Financial Literacy Month?

Prairie Eco-Thrifter

Quality personal financial education is essential to ensure that individuals are prepared to manage money, credit, and debt, and to become responsible workers, heads of households, investors, entrepreneurs, business leaders, and citizens.

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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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Guest Post: Your Personal Strategic Savings Plan for 2011

For the Mommas

With the economy in the tank, retailers are fighting for your business with huge discounts and coupons. One of the best gifts you can give is education. Once you’ve met your own family’s needs, consider donating some of your surplus to a local food bank, church pantry or homeless shelter. What an exciting time! .

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