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The ABC’s of Debt Reduction

Prairie Eco-Thrifter

The economic effects of the recession of 2008 are still very much upon us. As a result of the recession, many have resolved to forever alter the way that they conduct their household business. Regardless as to the specifics, many Americans have elected to decrease spending, increase savings and eradicate debt.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Because we only have a week to show results, and because savings account interest rates have been near zero each year since camps started, I have routinely given the jar 50% interest. 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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10 Best Low-Risk Investments In April 2024

Savings Corner

Even as inflation comes down and the Federal Reserve’s tightening cycle looks like it’s about to end , the economy still faces the risk of a recession. High-yield savings accounts While not technically an investment, savings accounts offer a modest return on your money.

April 52
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Frugal decisions.

Finally Frugal

Basically, the idea is to avoid a post-Christmas financial hangover by putting those extra dollars away in a special holiday savings account, thereby gaining a nice cushion when the gift buying season raises its expensive head once again; Second, how about starting a fund just for the car maintenance costs?

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Some platforms invest in equity (stock), while others invest in debt. Generally, stock offers high returns in exchange for more risk, while debt offers lower returns in exchange for less risk. In addition, real estate is typically funded with high levels of debt financing, making it more susceptible to any economic downturn.

Money 52