article thumbnail

Stay the Course Financially

Prairie Eco-Thrifter

My grandchildren’s other set of grandparents are just one example. She lost both of her jobs in the course of a month, and they consequently couldn’t meet the mortgage payments on their almost new home as a result. Why stay the course? To be financially free, you have to stay the course financially.

article thumbnail

Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

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. Of course, depending on what we buy, we may experience some buyers remorse. We could take on debt to grow using other people’s money.

Money 124
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

What Is National Financial Literacy Month?

Prairie Eco-Thrifter

Household debt stood at $13,200,000,000,000 at the end of the third quarter of 2010 (according to a 2011 ‘‘Flow of Funds’’ report by the Board of Governors of the Federal Reserve System). Increased financial literacy empowers individuals to make wise financial decisions and reduces the confusion caused by an increasingly complex economy.

article thumbnail

Is the Building of Experiences and Memories Worth the Cost?

Prairie Eco-Thrifter

I found pleasure in thinking about giving our children and grandchildren the opportunity to see part of the world they might not otherwise see. The other wants to pay off some student loan debt and would really rather go elsewhere anyway. Normally I am very frugal and a saver, but this trip meant more to me than the money involved.

Building 100