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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

My grown kids are also savers and I have high hopes that the grandchildren will follow their example. Helping the parents teach my grandchildren to save is an ongoing project of mine. Financial moves in a low interest rate economy. To me, money in a CD or savings account has always been for specific shorter term goals.

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Stay the Course Financially

Prairie Eco-Thrifter

My grandchildren’s other set of grandparents are just one example. San Francisco’s Federal Reserve published a report: Consumers and the Economy, Part I: Household Credit and Personal Saving examining the relationship between the availability of credit and the household savings rate. Enjoy living, not spending.