article thumbnail

The ABC’s of Debt Reduction

Prairie Eco-Thrifter

The economic effects of the recession of 2008 are still very much upon us. Regardless as to the specifics, many Americans have elected to decrease spending, increase savings and eradicate debt. Pick a plan that works for you. The plan only works when you work the plan; otherwise it’s just words on a page.

Debt 157
article thumbnail

How to Prevent Three Common Disastrous Personal Financial Mistakes

Prairie Eco-Thrifter

How long could you manage if you were out of work, based on your current financial situation? If you are finding it hard financially now, imagine what would happen if you lost your job or couldn’t work for an extended period? Set up a savings account linked to your checking account and automatically transfer a set amount every payday.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Should You Save Or Invest Your Money?

Prairie Eco-Thrifter

In today’s tight economic climate, many people wonder what is the best method of improving their financial position. We read that we should make our money work for us but worry about making a wrong decision that could actually cost money rather than make us money. Save or invest? What do you do?

Money 189
article thumbnail

What Is A Personal Loan?

Savings Corner

Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. How a personal loan works A personal loan is money you borrow from a bank or other financial institution with a set repayment period and consistent monthly payments.

Debt 52
article thumbnail

Frugal decisions.

Finally Frugal

economic news is this tax cut that will (hopefully) leave an additional $50 to $85 dollars in our paychecks next year. One of the more interesting topics in the U.S. The first suggestion is a great one (because I've already put it into practice with my first January paycheck!)

Frugal 45
article thumbnail

Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Budgeting and Economics. David presents Wired Capital Markets posted at Wall Street History , saying, ” Looking into the workings of modern securities markets is like looking under the hood of a Prius hybrid car. Linsey presents How Do I Work from Home with No Skills? There are other great reasons as well.

Money 133
article thumbnail

23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Passive income can help you earn more during the good times and tide you over if you suddenly become unemployed , if you voluntarily take time away from work or if inflation keeps chipping away at your purchasing power. It has a ‘get-rich-quick’ appeal… but in the end, it still involves work. You just give the work upfront.”

Money 52