It is your duty as parents to make sure your child is equipped with the necessary knowledge to grow into successful adults. Most of these skills are developed in school; however, financial education and its relevance is something many educational institutions leave out of the curriculum. Soon, your children graduate and shoulder more responsibilities outside of school, in the form of employment, proper financial management, and family planning: are they prepared to make life decisions that could impact their future? Continue reading Teaching Your Children to be Financially-Independent Young Adults
While the educational institutions of this country are capable of teaching our children academic subjects, educating them about the important aspect of wealth building usually lies with the parents. Continue reading How to Get Your Kids Excited About Investing
Believe it or not, learning finances at a younger age makes a big difference. Research show that kids who learn about finances and do exercises while they’re young have better finance management when they’re older (Children and Morey: Teaching Children Money Habits for Life.) But how do we teach kids the concept of money and saving?
Continue reading How To Teach Your Young Brother(s) And Sister(s) About Finance
Student loans may have been a necessary aspect of your college experience. However, now that you have completed college, you may be burdened by heavy student loan debt. Some people owe tens or hundreds of thousands of dollars in student loans, and it may take them several decades to fully pay back the money borrowed. Such a significant amount of debt can weigh on your lifestyle and can be challenging to pay down. If you are looking for a better strategy for dealing with this debt, consider these steps. Continue reading How to Finish Paying Off Student Loans
So you’re thinking about getting married? That’s great, because marriage actually comes with a lot more benefits than the love and companionship that it can provide. At tax season, being able to file jointly will likely help your tax situation in a big way! Continue reading Tax Tips for Couples
Teaching our children about investing is something most parents think very little about. Sure you’ll teach them how to balance their checking account and pay their bills on time, but rarely have you considered walking them through the steps of the long term financial stability they could have by investing. Try these tips to help teach your kids about stocks and bonds. Continue reading Teaching Kids: How To Teach Your Children About Stocks And Bonds
Most parents want to prepare financially for their child’s future to increase the amount of opportunities that are available. For those who want to grow their wealth at a steady pace, a Roth IRA is a viable option that can offer financial stability. When considering the investment option, there are a few ways that it can benefit your child. Continue reading How a Roth IRA Can Benefit Your Child
Effective money management is an important attribute that every entrepreneur must pick up along the way. Being financially savvy allows you to stretch a thin budget and convert it into visible growth and tangible assets that, in turn, can be used to produce more spendable capital. While effective budgeting and money management aren’t skills you can learn overnight, it’s certainly possible to consciously practice them and turn them into habits over the long run. Here are five tips to becoming a financially savvy entrepreneur. Continue reading How to be a Financially Savvy Entrepreneur
The State of New York just approved new legislation that is intended to create new rules to regulate online rental companies like Airbnb. Continue reading Airbnb hit with new regulations in New York.