Prairie Eco-Thrifter
MAY 26, 2016
My grown kids are also savers and I have high hopes that the grandchildren will follow their example. Helping the parents teach my grandchildren to save is an ongoing project of mine. Both are now old enough to open a bank savings account. To learn to live within your means is one of our primary family money values.
Prairie Eco-Thrifter
SEPTEMBER 15, 2014
Gone were the days of having one bank account and only having to keep very simple records. Most days I try to do some preparation with my sons, daughter-in-laws and grandchildren – to help them learn financial concepts and acquire the ability to wisely manage their money.
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Prairie Eco-Thrifter
AUGUST 17, 2011
I will go to the bank and stockpile some cash. Write down my life experiences on economic downturns for the future benefit of my grandchildren. Share what I know of the family history during the 1920 – 1930′s depression and prior recessions with our children and grandchildren. Why Not Do Both?
Prairie Eco-Thrifter
JANUARY 12, 2014
Examples of financial advisor suggestions that would have steered my family wrong: An estate trustee at a bank recommended selling off Chevron stock that my Aunt owned “because it is too risky”. We need to make sure our base grows over his lifetime, especially since we hope to leave a legacy to our children and grandchildren.
Prairie Eco-Thrifter
JULY 1, 2013
Bank Rate claims: “Estate planners recommend this track for people with substantial wealth to stash assets whose value will undoubtedly appreciate in the future.”. If you give annually, have a million or so laying around, and if interest rates are low and you don’t mind complex vehicles, you might look into these.
Prairie Eco-Thrifter
APRIL 24, 2012
I will be planning parts of my Grandma’s Money Camp (a one week experience for my grandchildren to help teach them financial literacy) in observation of National Financial Literacy Month. Share what you know and do with those around you to help the nation become more financially literate!
Prairie Eco-Thrifter
AUGUST 22, 2013
When I took my grandchildren to the local carnival in my own city on the 4 th of July, each ride was at least $3 per child – so $9 a pop if I rode with them. Overall, the value we received for those $30 tickets was greater than the price we paid. Considering that, we got the value from our $30 tickets with the first three or four rides alone.
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