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Friday, August 31, 2018
Thursday, August 30, 2018
What Example Do You Set?
Just a simple thought for the day: As parents we should all lead by example especially when it comes to finances and spending. Your children will copy what they see. It is surely a parents responsibility to educate their children for the future. Clare Bees...
Wednesday, August 29, 2018
Tuesday, August 28, 2018
Some Interesting Statistics about Money Education
A great deal of the education our kids receive about money and finance comes from us as parents. It is then interesting to see what the following statistics tell us about how we well (or not) we do with the subject · In a recent National Financial Capabilities study, only 24% of Millennials (ages 23-35) were able to answer the first three financial literacy questions correctly and a mere 8% answered them all correctly. The following stats all come from the 2016...
Monday, August 27, 2018
Sunday, August 26, 2018
Thursday, August 23, 2018
3 Ways a Teenage Can Acquire Wealth and Maintain Financial Sustainability
By Maduka Chris Sopulu | Submitted On July 06, 2017 A man's success can be recognized by the legitimate means in which he gains beneficial things. This might be as result of effort and self-determination. To some people, it is otherwise because they believe success comes from the approval of the Supreme Being. Wealth sometimes can be described simply as the ability for an individual to meet up with his/her desires without limitations. Millions of people living...
Wednesday, August 22, 2018
Tuesday, August 21, 2018
Exit Strategy: Your Retirement Plan
By Kim L. Clark | Submitted On April 11, 2018 According to a survey conducted by the Freelancer's Union, 57.3 million Americans, 36% of the working population, were self-employed in 2017. The self-employed receive no employer-sponsored benefits, unless they themselves become employers and hire full-time workers, making employers and employees eligible for sponsored benefits. Otherwise, the self-employed receive no paid sick, holiday, or vacation time and no...
Monday, August 20, 2018
Sunday, August 19, 2018
Great Lessons About Money
By Elphas Sipho Mdluli | Submitted On January 17, 2018 Money is very important in life. Therefore, there is a need to be properly educated on the issue of finances in order to handle them in a better way. Let us briefly look at the following three lessons: 1) Money is an Idea The ordinary pursues money in life. But the great ones pursue great ideas. Good ideas normally solve people's challenges...
Saturday, August 18, 2018
Friday, August 17, 2018
Debt and money management lessons for Burnley primary schoolchildren
Article for Burnley Express on how a local school are providing education on debt and money management. Definitely worth aread https://www.burnleyexpress.net/news/education/debt-and-money-management-lessons-for-burnley-primary-schoolchildren-1-92664...
Thursday, August 16, 2018
Tuesday, August 14, 2018
Monday, August 13, 2018
6 JARS System of Money Management
The 6 Jars system is a simple way of picturing how to manage your money, take a look and consider if you could make it work for you and your family Necessity Account (NEC - 55%): This account is for managing your everyday expenses and bills. This would include things like your rent, mortgage, utilities, bills, taxes, food, clothes, etc. Basically it includes anything that you need to live, the necessities. Play Account (PLY - 10%): PLAY money is spent every...
Sunday, August 12, 2018
Saturday, August 11, 2018
Teaching Financial Literacy to Kids By Jean Folger | Updated December 1, 2017 — 3:35 PM EST
Teaching Financial Literacy to Kids: Personal financial literacy encompasses a range of money topics, from everyday skills such as balancing a checkbook to long-term planning for retirement. While literacy – the ability to read and write – is a fundamental part of the education system, financial literacy is often left out of the equation. In the U.S., only 17 states require high school students to take a course in personal finance. Although there’s a movement to include more finance-related...
Friday, August 10, 2018
Wednesday, August 8, 2018
Tuesday, August 7, 2018
How to Raise Financially Intelligent Children...Let Me Count The Ways!
by Elisabeth Donati | Mar 21, 2018 - from Creative Wealth International Guess what time it is? It’s financial education for your kids time! It’s time to do whatever you can to ensure that your children have enough financial smarts when they finally leave your house that they can not only survive but thrive out in this seemingly big, scary, exciting world full of opportunity we call adult life. The challenge with ensuring that your kids know what to do with the money they make...
Monday, August 6, 2018
Saturday, August 4, 2018
Thursday, August 2, 2018
Wednesday, August 1, 2018
Being Rich Does Not Always Mean You Are Wealthy Being Rich Does Not Always Mean You Are Wealthy By: Eugene Chan To be truly wealthy is to have money that lasts forever. This may be a blunt statement, but suddenly coming across a large sum of money does not necessarily mean you have become a wealthy person. To be wealthy is a state of mind. A person with a wealthy mindset may not necessarily be financially rich just yet but will be soon enough. On the other hand, a rich person without a wealthy...