Prairie Eco-Thrifter
MAY 22, 2011
The economic effects of the recession of 2008 are still very much upon us. It will take years to see a dramatic reversal of the unemployment trend that saw the US unemployment rate nearly reach 10%. As a result of the recession, many have resolved to forever alter the way that they conduct their household business.
Motherhood Moments
DECEMBER 26, 2022
Americans are feeling the burden of prolonged inflation, and the debate over whether we’re already in a recession or one is simply inevitable certainly is not helping to foster a positive outlook.” One of the most impactful resolutions people can make for 2023 is getting out of credit card debt.
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Savings Corner
APRIL 4, 2024
Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades. But it’s a revolving debt that offers an amount of funds (a replenishable balance, similar to a credit card limit) tied to the level of equity in your home. HELOC: What is it?
The Frugal Girl
NOVEMBER 27, 2023
We bought our house in March 2009, during some of the worst of the recession and the housing bubble bursting. I racked up more debt to move to California, then the fancy car turned out to be a lemon, requiring a bunch of expensive repairs. Needless to say, my restaurant manager salary didn’t support the life I was trying to live.
Prairie Eco-Thrifter
SEPTEMBER 30, 2013
We all have been taught that a college degree is the path to the good life, but is it still – when students are emerging with heavy debt and little chance of a lucrative job? I graduated from State U with a liberal arts degree in the early 1970s – when there was a world wide recession followed by stagflation. What are the alternatives?
Prairie Eco-Thrifter
JANUARY 10, 2017
When the Great Recession began in 2008/2009, my boss at the time (a Vice President of the company) and her spouse consulted their financial adviser to see what they should do. They asked him what would likely cause us to come out of recession. “Other things equal, an increase in the stock market makes people wealthier.
Prairie Eco-Thrifter
MAY 26, 2016
Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. We could take on debt to grow using other people’s money.
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