When it comes to saving money, a little know-how, some commitment, and practice all make the task easier as time goes on. Setting your child up with the opportunity to start saving money from a young age is an awesome way to ensure that they are prepared to make smart saving and investing decisions once they start working as an adult in the real world. Assigning paid tasks around the house and using jars as “bank accounts” for saving and spending is an effective foundation to start with. Here, you’ll learn tips, tricks, and techniques that can be implemented as your little one ages to accommodate their learning abilities and maximize their chance of saving success in the future.
Teaching Your Little one to Save Like a Pro
3 Behaviors You Can Change With Financial Behavior Coaching
12 June 2019
You've probably taken the time to educate yourself regarding an assortment of financial topics, like choosing what stocks to invest in, investing for retirement, or improving your overall financial situation. However, despite your extensive knowledge, you may find that you struggle to change behaviors that are detrimental to your finances. Or, perhaps you struggle to successfully implement the tips and tricks that you know can give you a better feeling of financial security.
Two Ways This Can Go: The Risks of Mergers and Acquisitions
29 March 2019
When your company is doing well, you can look to expanding all over the place. A lot of companies in a similar position choose to expand via mergers and acquisitions. This allows your company a chance to grow without having to put forth a major effort to hire more employees or construct more buildings. However, there are definitely some risks involved with mergers and acquisitions, and you need to be aware of what they are before you charge into making financial offers you may regret.
4 Questions And Answers About Precious Metals IRA Accounts
28 January 2019
In the United States, taxpayers have the option of saving for retirement with an individual retirement arrangement (IRA), which has tax advantages that other investment vehicles do not have. Two of the most common types of IRAs are traditional IRAs and Roth IRAs. The main difference between the two is how they affect an investor's tax situation. Contributions to a traditional IRA can be deducted on the taxpayer's annual tax return, while contributions to a Roth IRA cannot; however, Roth accounts are funded with income that has already been taxed, so there is no tax due on distributions from a Roth IRA.
Interest Rates Are Going Up: Tips For Saving Money On Your Next Home Mortgage
13 November 2018
After an unprecedented period of very low interest, the Federal Reserve is once again incrementally pushing up the prime rate. These increases have a direct impact on home mortgage interest rates, as well as some other forms of credit. For prospective home buyers, rising home mortgage interest rates can mean having to buy a less expensive home in order to meet the requirements of their housing budget. If you are planning to purchase a home soon and are concerned about how higher mortgage interest rates will impact your plans, there are some additional ways to save money on the cost of buying a home that will help to offset them.
Should You Bail Your Friend Out Of Jail?
27 August 2018
It's the dreaded call that nobody wants to get in the middle of the night: "can you bail me out of jail?" If you hesitate before answering, that is a good thing. Although there are definitely times when bailing the caller out of jail is the right choice, it's not always so. You should ask yourself these questions before agreeing to post bail. How well do you know the person?