Teaching Your Children to be Financially-Independent Young Adults

Teaching Your Children to be Financially-Independent Young Adults by David Milberg

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

How To Teach Your Young Brother(s) And Sister(s) About Finance

How To Teach Your Young Brother(s) And Sister(s) About Finance by David Milberg

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?
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How to Finish Paying Off Student Loans

How to Finish Paying Off Student Loans

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

Teaching Kids: How To Teach Your Children About Stocks And Bonds

teaching-kids-how-to-teach-your-children-about-stocks-and-bonds

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

How a Roth IRA Can Benefit Your Child

How a Roth IRA Can Benefit Your Child

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

How to be a Financially Savvy Entrepreneur

How to be a Financially Savvy Entrepreneur

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