There’s an old saying about walking a mile in the shoes of someone else to gain wisdom and understanding. That’s true in many aspects of life, including your finances. I’m not talking about living a day in the life of someone significantly more or less off financially, I’m talking about your significant other. Let’s be
As a child, I was given a small weekly allowance. But unlike most kids, I didn’t choose to spend it right away. Instead, I couldn’t wait to put it in my piggy bank. At that age, I wasn’t really saving up for anything, it was just exciting to watch my bank get filled with coins. Although
Set a good example when comes to money habits, and you’ll raise financially responsible kids. Here’s how. Be Transparent About Finances In many homes, money is treated like a well-guarded secret. The majority of parents do not tell their children how much money they make or how much things cost. Financial secrecy in households breeds
I know what you’re thinking: “another day, another millennial-focused article.” But as a generation that is on the cusp of surpassing baby boomers as the nation’s largest living adult generation, it’s important for brands to take notice of the trends they’re setting as consumers. In 2017, more than 514 million business trips were taken, spending
Becoming wealthy and staying that way takes a certain level of discipline. Sure, an occasional splurge won’t put you in the poor house, but frequent frivolous spending on things that aren’t necessities can quickly erode hard-earned gains. The frugal habits necessary to achieve financial success and maintain it are often simple lessons learned early on.
Paying off your mortgage early really doesn’t make financial sense. Your mortgage interest rate is probably lower than the rate of return you could earn on investments, which means you’ll likely end up with less money by prepaying your mortgage than you would’ve if you’d taken that cash and invested it. Because of the opportunity