The “5 Ps” say “Proper Planning Prevents Poor Performance.” That’s true, but when it comes to finance, I say, “Calculated Proper Planning Prevents Overspending,” or C-3PO. If you live by that phrase, your finances will be golden (ok, I’m done).
How to Teach Your Kids to Be Entrepreneurs
If you listen to the Dave Ramsey Show, you may have heard the 14-year-old who called in and told his story about being $21,000 in debt to his brother and father. An entrepreneurial mindset at 14 is awesome, but I don’t think it’s a good idea to let your teen go into over $20,000 of debt to his sibling.