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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. Trepidation about having the grand-kids open a savings account. Both are now old enough to open a bank savings account.

Money 124
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What Is National Financial Literacy Month?

Prairie Eco-Thrifter

6 percent of households in the United States are unbanked or underbanked and, so have missed opportunities for savings, lending, and basic financial services ( according to the Federal Deposit Insurance Corporation). Your children know that you are saving money. According to the resolution: Twenty-five.6

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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

My spouse and I were that young, poor couple, sloughing away at our day jobs and scrimping and saving for years to build wealth. 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. You won’t become a different person.

Money 247
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Stay the Course Financially

Prairie Eco-Thrifter

My grandchildren’s other set of grandparents are just one example. ” Spending is up, but saving isn’t, according to the Bureau of Economic Analysis April 2016 news release, “Personal saving — DPI [disposable personal income] less personal outlays — was $751.1 Why should you keep saving?