Financial planning for your children’s future is an essential task for every parent. There are various types of financial planning, such as saving, investing, and borrowing. Parents need to plan their children’s financial security and be sure about their future life after they grow up; otherwise, children may face financial crises in the future life and not know what to do.
8 Things You Need to Teach Your Kids About the Important of Good Credit
A large chunk of college graduates enter the working world with debt. In fact, the average debt at graduation is $25,921. Data also reveals that 77 percent of households in the United States have debt. Those odds combined with the fact that schools don’t really prioritize teaching students financial literacy make it more important for parents to teach children about the importance of good credit.
How to Establish a System for Decluttering: 8 Simple Ideas for You
We’re all different when it comes to decluttering. Just like we’re all inherently different when it comes to how we keep our homes. Do you tend toward clutter? Or toward an OCD level of cleanliness? Or somewhere in between?
One Key Purchasing Rule to Live by to Save Thousands
I’ve made plenty of mistakes with money. Ask my wife. One of the biggest mistakes I made early on in our marriage was signing up for a wholesale warehouse. Later on, I made a similar mistake and bought a timeshare. Both mistakes led to me learning this one rule.
How to Set Up Your Kids for Lifelong Financial Literacy
Financial literacy is an important part of having a successful life. But a Forbes report on the financial literacy crisis found that only four in seven Americans know how to handle their money.
8 Ways to Spend Less and Save Money at Restaurants (With Kids)
In this video, I show you how our family of 7 saves money at restaurants. We love to eat out, but it can get expensive if you’re not intentional. We’ll also talk about 11 marketing tricks restaurants use on the menu to make you spend more.