Raising financially savvy kids starts with teaching them from a young age to work with money. It can be challenging to start, but it is possible! It takes a lot of effort on behalf of the parents, but it is worth it in the end. The best way to raise financially savvy children is to teach them about money from a young age in order for them to make smart financial decisions as they grow up. This article will give you 10 tips for raising … [Read more...]
How to Maximize Your Investment Portfolio
If you’d like to have financial independence and security in your retirement years, you need to invest more. However, investing is just but the first step of this long journey. You also need to ensure that you’re making the right decisions as far as your investments are concerned. Here are some tips on how you can maximize your investment portfolio: Manage your expenses One of the best ways you can maximize your investment portfolio is … [Read more...]
3 Freelance Side Gigs That Will Help Pay Off Debt
Credit: aleksandarlittlewolf via FreePik Do you have debt? Do you want to pay it off fast? You might want to kick your earning potential into high gear by joining the gig economy. Without supplementing your income with a side gig, you’re probably slowly paying debt off in small installments according to a schedule set by your lender. Just how many of these payments you have to make depends on what you borrowed. A payday cash … [Read more...]
How To Deal with Black Friday and Still Save Money
Black Friday can be one of two things – a huge adrenaline rush, or a massive trigger for anxiety. Either way, if you do choose to go the in store route to get your hands on the best sales you can find, you should be prepared for a number of challenges that might come your way. Act quicklyIt sounds obvious, but you won’t believe how many people do this. If you are going to take advantage of a Black Friday sale, go on the Friday! Waiting until … [Read more...]
Money Saving Tips During a Painful Divorce
Divorce can bring up many emotions, questions, and concerns. You may be feeling angry or betrayed by your spouse. If you have children, you are probably wondering what impact your divorce will have on them. Somewhere on your list of concerns is the financial impact of a divorce. Not only can the divorce itself cost money in court fees and legal fees if you hired a lawyer, but you will also likely have to divide some of your marital assets … [Read more...]
What to Teach Your Kids About Money
One of the best gifts you can give your child is to be sure they are educated about money. Once they move out you will not be able to make decisions for them, but if you have spent time teaching them about finances, they are more likely to make smart choices. Money can be difficult for people to talk about, even among family. It is worthwhile to be a little uncomfortable to ensure your child has the tools they need to make smart … [Read more...]