From when to say “please” and “thank you” to how to drive a car, we learn a lot from our parents. Oftentimes, that includes picking up on their money habits as well. And while some of that financial wisdom consists of worthwhile advice that we’ll turn around and pass along to our own kids, other habits are better off forgotten.
This week’s question comes from Ethan: I’m about to inherit a little bit of money. I’m 45 and have a wife and two kids. This money is not enough to retire, but it’s enough to be life-changing. I was able to pay off my student loans, for example. I will have enough to pay off
Being your own boss can be great. But when you’re self-employed, you also become your own human resources representative, office manager, and accountant. The finances can get complicated—especially come tax time! A little preparation will set you up for financial success. Not sure whether you count as self-employed? According to the IRS, you’re self-employed if
If you are like many grandparents, you like your kids, sometimes, but you LOVE your grandkids. Being a grandparent is a special honor. You have a unique ability to shape your grandkids well beyond just spoiling them with sweets and sending them home. Given how important financial skills are to succeeding at life, it’s surprising
Budgeting isn’t a sexy topic, but sticking to your small business budget is pretty important subject for small businesses. Especially when most are forced to work within the confines of some pretty tight numbers. Here’s Why Your Business Need a Budget Like it or not, setting a budget is one of the most important things
Year after year, studies show that Americans are on the struggle bus when it comes to saving for, well, anything. With 2018 on the way, nothing much has changed. In 2017, more than half of all American adults had less than $1,000 in a savings account, according to a survey by GoBankingRates. To add insult to