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. The world wide recession made us all (either of necessity or by choice) a bit more frugal.
Prairie Eco-Thrifter
APRIL 18, 2013
With the economy the way it is and with most people affected by the recession, they will definitely understand that you want to keep costs at a minimum by having a small wedding party. Your friends are the best manual labor out there because they will either work for free or work for food (or booze). Recruit Your Friends.
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Prairie Eco-Thrifter
JUNE 29, 2014
Degrees are very expensive and in this post recession economy, don’t necessarily guarantee the best return on your dollar. ” IT is also a possibility but you have to work hard to compensate for the lack of a degree, building your own portfolio and possibly doing free lance and independent contractor work.
Prairie Eco-Thrifter
MARCH 8, 2017
Some asset types do better during inflationary years, some do better in recessions. You can trim off losing investments to free up the money to buy investments that will grow. Spread your investments out over different kinds of products, to increase chances that overall, your net worth will grow, even when parts of it go down.
Savings Corner
APRIL 4, 2024
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. Try Bankrate’s free AdvisorMatch service to quickly get connected to a CFP® professional who can help you achieve your financial goals.
Prairie Eco-Thrifter
APRIL 9, 2013
In spite of the statistics and the down economy, there are some that ARE financially ready for retirement. These are the questions I asked my self prior to retiring from a six figure income with bonus’s and stock options in the midst of the recent great recession! How do we know when to pull the trigger and enter retirement?
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. Financial moves in a low interest rate economy. Because I am a saver, I have now become financially free.
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