article thumbnail

Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

Knowing I had the financial backing to live through negative life events (divorce, job loss, catastrophe, etc) removed a level of stress from my life. I used to worry about what would happen to my kids if my spouse decided to move on. Will they squander it or use it wisely? What Makes You Feel Wealthy? Money Tips'

Money 247
article thumbnail

How to Handle the Stock Market Roller Coaster Ride?

Prairie Eco-Thrifter

Even if you aren’t invested in the market, you wonder if this will ripple down to you in the form of more job losses, higher prices, inflation, benefit reductions and belt cinching. Using the older generation’s (ye gods how did that get to be me!?) What Should You Do In a Market Downturn?

Recession 176
article thumbnail

Should You Accept Family Money?

Prairie Eco-Thrifter

I thought there would be ‘strings’ attached to the use of the money. Making sure the grandchildren have the desired benefits enhances their peace of mind. Helping kids over a rough spot can make a parent feel useful. Parents rethink gifting when they disapprove of how the money was used.

Money 124