When you were a kid, did you fear monsters hiding in your closet or under your bed? You’re no kid anymore and new fears haunt you – such as running out of money in retirement after a lifetime of watching prices go up. You can still plan now to enjoy enough to spend as well as how to spend it.
If you’re like many young adults, having children is one of the biggest life-altering choices you’ll ever make. Joy, stress, excitement, exhaustion, hundreds of books on how to not screw up and thousands of bucks to prepare your little one: Your plate is now loaded. Here are some considerations to make sure you’re prepared – at least in terms of money.
In a perfect world, parents and educators (not to mention society) work hard to make sure that children are financially literate and consider money skills just as important as reading, writing and arithmetic. Our world sure doesn’t work like that, and you need to help your young kids learn basic financial skills the old-fashioned way: Teach by doing.
My worried clients had needs for the future, but no idea how to get there. I looked them in the eye and told them how they’d get to where they wanted – through a sound discipline of saving money automatically, year after year, religiously.
A solid financial plan can help reduce stress in your life, but how do can you tell when you’re sticking to a plan? Here are some signs of progress, from your physical comfort to your spending and savings habits.
The lack of financial education is often the main reason behind debt problems. Here are some awesome books that help grow your financial knowledge and give you all the necessary tips and tricks to manage your debt.
What you believe about money drives your financial behavior. Finding out your beliefs is a key step to solving various problems, such as money conflicts in relationships.
If you’re a millennial, aka Generation Y born between 1980 and 2000, you hear a lot about your age group facing high unemployment and overwhelming student loan debt. The news isn’t all bad: Gen Y saves more than almost every other generation and steadily increases its financial literacy.
Money issues often cause stress and arguments in relationships. If you and your partner disagree about how to handle money, here are tips on how to adjust to each other’s financial language and come up with one you share.
You exercise to live longer. The longer you live, the more important money becomes. Here’s how to use techniques for physical fitness to improve your financial health, too.