There are many reasons you may need to save $1,000 quickly. If you follow dave Ramsey’s Baby Steps, the first step is to get a $1,000 emergency fund. Or you may just want $1,000 in the bank to feel a little more comfortable.
Passive income: making money while you sleep. Sounds great, right? This is the entire idea behind “retirement.” I use quotations, because most people nowadays agree that retirement simply means not having to work — it doesn’t mean doing absolutely nothing (how retirement used to be viewed).
In this video, we talk about the practical money lessons your teen needs to know before they move out. We also talk about how to instill these lessons and ideas. There’s still hope even if they’ve already moved out (I mention the solution for that in the end).