38% of US households have credit card debt. 43% of people with student loans aren’t making payments. Most people feel like they could be doing better with their money. In fact, the average American feels like a failure when it comes to finance.
Our family loves to travel. We’ve been traveling Europe for the past few years, since we live there, but we’re just as excited to get back to the States and continue our travels. There’s just too many amazing things to see in the world.
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).
You’ve seen the posts and memes: “My child is the most important thing in the universe to me.” “There’s nothing more important than my children.” “My children are my life.” Those are all phrases spouted with the best intentions, the utmost love, and typically a naive sense of how a healthy home functions.
It’s hard to look at retirement statistics and numbers across generations, because of proportionality. Baby Boomers (born 1946-1964) have saved the most, followed by Generation X (1965-1978), and then Millennials (1979-2000). And of course that makes sense because the older you are, the more time you’ve had to save.
Scholarships can pay for your entire education. When you’re a teen, if you take the time to submit two scholarships a day, starting in early high school, that in itself will be a full-time job. A job that will prove to be well worth it. But how do you find scholarship opportunities?