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What Is National Financial Literacy Month?

Prairie Eco-Thrifter

Well according to the bill’s sponsors, in the resolution presented to and passed by the 112 th Congress this March, we have a lot of issues to solve. A greater understanding of, and familiarity with, financial markets and institutions will lead to increased economic activity and growth. Why do we need it?

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How to Start a Business in 15 Steps

Savings Corner

If your city has officials who work on economic development issues, they may be helpful too. Open a business bank account Keeping your business and personal finances separate is key to managing your business finances. Understand your startup financing options Most businesses need a little capital to get started.

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Going Green at Work

Prairie Eco-Thrifter

Green business has been described as a long-term approach by a corporation to achieve a balance between business priorities and environmental, economic and social responsibilities. These strategies are aimed at preserving the natural environment while looking at how the business operations will impact economic and social issues.

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Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

As long as circumstances and markets act in this predictable manner, there is no issue. Markets and economic conditions change as well. Economic conditions might lead to greater inflation than expected. If you are buying a home, start with the 30% rule, and then evaluate where that puts you in terms of finances.

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Budgeting for Life

Prairie Eco-Thrifter

In addition to my father’s health issues, my mother is no longer able to drive anymore, so the little errands and doctor appointments that need to be done to aid my father have become a substantial issue in our family. His usual diet of sugar and white bread has not served his health well. My parents will get older.

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Buying A House In 2023: A Step-By-Step Guide

Savings Corner

Whatever the economic state of the real estate market, buying a house can be an exciting and emotional process. Check your credit score Your credit score will help you determine your financing options; lenders use it (among other factors) to set the terms and rates of your loan. It’s not unusual for sellers to make a counteroffer.

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Accounting Principles: Basic Definitions, Why They’re Important

Savings Corner

Economic entity assumption This accounting principle states that you should avoid commingling business and personal funds. In those cases, you can preserve limited liability protections only by separating business and personal finances. This weighs in favor of more conservative financial statements.