Only a third of states require their high school students to pass a personal finance class in order to graduate. This means that that those in the other two-thirds are fully dependent on their parents or self-teaching themselves these valuable lessons. Fortunately, parents can provide their children with quite a bit of knowledge in financial literacy and help prepare them for one of the most important aspects of adulthood and one that generally does not receive nearly as much focus as it should. They can also fill in the gaps where any … [Read more...] about How to Raise Financially Literate Children Today
Personal Finances
INVESTING ABROAD
Experts suggest that individuals should consider having at least 20% outside exposure out of the region of residence. The idea of investing abroad could include investing monies abroad, partnering and also expanding businesses in other countries or country that you don’t live nor reside. Investors could choose to invest in a region after learning about the agreements governing the sector as preferable and protective to their investment plans. There are helpful programs that are helpful with providing the appropriate counsel on the issue and … [Read more...] about INVESTING ABROAD
3 Smart Ways to Conquer Your Fears of Investing
Most of us have a basic understanding of finances. We work hard to earn our money. We use that money to pay our bills, buy a house, pay for our kids’ education, and whatever is left over we put in the bank to save for the “future,” whatever that means. But there is a bigger, fancier world out there, a world with people dressed in nice suits who drive fancy cars. People who seem to have the secret and know how to get their money to work for them. The wolves of Wall Street We don’t necessarily want to emulate them. We enjoy the quiet … [Read more...] about 3 Smart Ways to Conquer Your Fears of Investing
Manage Your Finances to Perfection from the Beginning
Start Saving Early It’s important to get in the habit of depositing money into your savings account as soon as possible. The earlier you begin this habit, the more likely you’ll be to continue it. Whether you’re saving for the future, a rainy day or a big trip, get as much money into your account as possible. You may want to set up a direct deposit into your savings account each month to ensure.. Keep an Eye on Your Credit Your credit score is one of the most important pieces of information others have access to. It’s important to begin … [Read more...] about Manage Your Finances to Perfection from the Beginning