article thumbnail

Reasons to Avoid Debt in 2014

Prairie Eco-Thrifter

I’m sure you’ve heard: household debt is on the rise and consumerism is everywhere. Between credit card offers in the mail promising great rewards and the ability to borrow money for next to nothing, debt can be enticing. My experiences with debt have been 100% negative. Debt does much more damage than good, however.

Debt 206
article thumbnail

The Deadly Sins of Personal Finance

Prairie Eco-Thrifter

Everyone has different circumstances to take into account, whether it’s their family structure, personal situation, luck (or lack thereof), and their values. If you let yourself turn to consumerism excessively, you’ll likely become indebted. This can breed short sightedness as you struggle to deal with your debt.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Having a Hard Time Getting By? 3 Budget Leaks You May Be Experiencing.

Prairie Eco-Thrifter

The pattern seems to be that will have the initial conversation with the person (usually a co-worker, family member, friend, or acquaintance), and then I will see them again shortly thereafter; in one of my meetings with them after, there tends to be something said or done that makes a lightbulb go off in my head about why they may be struggling.

Budgeting 245
article thumbnail

P.E.P. for Week of January 10-14/11-Seeking Balance Edition

Prairie Eco-Thrifter

Flexo from Consumerism Commentary asks us if we should combine money with our spouses ? Reducing Debt. The Digerati Life shares insight as to when you should get help in trying to pay off your debt. Passive Family Income warns us to not become house poor. My husband and I did when we got married and it works well for us.

January 113
article thumbnail

P.E.P. for the Week of February 14-18/11-Planning Edition

Prairie Eco-Thrifter

Consumerism Commentary asks us if we are better off than our parents ? We have more stable careers, we have no debt (other than our mortgage), and we own a home. I remember when we moved we had to pay for help because no one in our family was in the shape needed to lift furniture. Reducing Debt. How about you? Congrats!!

February 113
article thumbnail

Delayed Gratification: A Strategy to Curb Over-Spending and Secure A Sound Financial Future

Prairie Eco-Thrifter

The consumerism of the current financial climate drives us to acquire more and more ‘stuff’, whether we really need it or not. We need to learn that some things are worth waiting for, especially if it means we can avoid going into debt. So, how do you learn to put delayed gratification into effect?

Money 213
article thumbnail

P.E.P. for the Week of February 7-11/11- Valentine’s Kiss Edition

Prairie Eco-Thrifter

Frugal Dad reminds us that the war on debt starts at home and until we make changes there, we are never going to win the battle. Passive Family Income shares with us 5 ways we can save on transportation. Reducing Debt. Consumerism Commentary talks about financial motivation for getting in shape. Where are you at?

February 113