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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Helping the parents teach my grandchildren to save is an ongoing project of mine. Each year I bring them together in my Grandma Rie’s Money Camp and focus on different aspects of personal finance, with saving being a focus in each camp. Trepidation about having the grand-kids open a savings account.

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What Is A Personal Loan?

Savings Corner

Instead, they are deposited into a savings account, and you make payments on your balance for the duration of the loan. While this may be a common reason, Hamrick advises against funding your honeymoon or dream wedding with a personal loan, citing that discretionary events are among the worst uses for a personal loan.

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