Savings Corner
APRIL 4, 2024
Key takeaways Home equity loans and HELOCs are both financing tools that allow you to borrow against your ownership stake in your home. 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. Home equity loan: What is it?
Prairie Eco-Thrifter
MAY 23, 2017
Those affected by our recent Great Recession have had the benefits of saving reinforced as well. Once baby comes, we might become major spenders on toys, a new home, a bigger car and more. As a well salaried professional, I started spending again – on home remodeling, on college expenses for the kids and on travel.
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Prairie Eco-Thrifter
NOVEMBER 6, 2017
We only own one home, no land, no rentals. We planned our purchase in the heady days just prior to the recession of 2008/2009. My differing perspectives on vacation rental finances. We remain diversified in our portfolio and the property has regained it’s value from the ‘great recession’ downturn.
Prairie Eco-Thrifter
MAY 22, 2011
The economic effects of the recession of 2008 are still very much upon us. As a result of the recession, many have resolved to forever alter the way that they conduct their household business. For some this wakeup call came as a result of losing their home in foreclosure or their car in repossession.
Prairie Eco-Thrifter
NOVEMBER 12, 2011
Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession? I’m a geek, he’s not.
Prairie Eco-Thrifter
JULY 16, 2014
Unfortunately the recession of 2008 was not an isolated incident. To buy a home under the assumption that you’ll some day make a profit from it or rely on one source of income assuming it’ll always be available to you is financially foolish. They can come in the form of a health scare a home repair or otherwise.
Prairie Eco-Thrifter
NOVEMBER 1, 2011
Once I pick a company, I go to their home website and the investor relations page. So I then look at the debt to see if that is the reason they have so much cash through the recession. One of the last things I do after checking on some of their ratios and financial statements is to check Yahoo Finance for recent news on the company.
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