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. We could take on debt to grow using other people’s money. To learn to live within your means is one of our primary family money values.

Money 124

Money Saving Money Lowes Grandchildren 124

Prairie Eco-Thrifter

SEPTEMBER 15, 2014

You don’t have to contend with deciding which bill to pay or how to avoid a debt collector’s call or trying to keep the landlord off your back. 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.

Money 247

Money Grandchildren Thrifty Job Loss 247

Prairie Eco-Thrifter

APRIL 24, 2012

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.

United States 202

United States Personal Finance Economical Finance 202

Prairie Eco-Thrifter

DECEMBER 8, 2013

Second, if I didn’t have it converted, the tax bill each year will be horrendous for them, because it would be now and I sure don’t see tax rates going down with the national debt being 15+ TRILLION dollars. That money has to come from somewhere and unfortunately we all just keep kicking it down the road to my grandchildren.

Converse 176

Converse Taxes Grandkids Money 176

Prairie Eco-Thrifter

JANUARY 10, 2017

My grandchildren’s other set of grandparents are just one example. With interest rates so low, why not spend now, using debt, instead of waiting for inflation and higher interest rates to kick in and raise the price of goods and services. During the long 7 years since the crisis, many people lost jobs and houses.

Spendthrift 100

Spendthrift Economical Consumer Recession 100

Prairie Eco-Thrifter

JANUARY 21, 2016

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

Building Kids and Family Hawaii Son 100