Prairie Eco-Thrifter

DECEMBER 8, 2014

In 2008-2009 when we had the credit crunch and recession, there was at least one day when stores were not accepting credit. Using cash is seems tougher psychologically. Gas stations, some hotels, some restaurants are examples of places you might negotiate a cash discount. Cash is almost universally accepted.

Used 180

Used Credit Cards Gasoline Consumer 180

Prairie Eco-Thrifter

MARCH 8, 2017

Some asset types do better during inflationary years, some do better in recessions. Understand your money psychology and learn how to manage any quirks that might impede growth. 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.

Finance 133

Finance Growing Flowers and Plants Gardening 133

Prairie Eco-Thrifter

OCTOBER 11, 2011

We didn’t count on the psychological effect on me though. Then the Great Recession hit so I postponed for a few years. In 2010, my company was just preparing to do their first round of recession related layoffs. Health insurance is a bit more pricy than when employed, but less than a lot of other people pay.

Real Estate 207

Real Estate Money Recession Work 207

Prairie Eco-Thrifter

NOVEMBER 11, 2012

Ariel Knafo and other researchers from the psychology department at Hebrew University in Jerusalem designed and conducted an experiment that showed that certain people actually have DNA specific to giving. You still don’t want yet another unwanted, unneeded thing to hide in the deep dark recess of your closet.

Gifts 189

Gifts Holiday Giving Friends And Family Sale 189