9 Surprising Ways to Teach Kids to Be Smart with Money
Your kid’s early interactions with money will probably involve spending as they see you buying stuff so it’s important to teach them from a young age that money isn’t just about spending – they should be saving regularly too. Help them monitor their savings, set goals, and review them occasionally.
Investing in Financial Literacy is Investing in Your Future
Most people are aware of the importance of managing their money. At the same time, many are living paycheck to paycheck, have a lot of debt, do not have an emergency fund, and have nothing saved for retirement. But why is it so hard for most people to understand how finances work? You guessed right; financial literacy has something to do with it.
Link Between Financial Stress and Mental Health & How To Fix It
Stress impacts our choices and our spending. When we’re stressed, we’re unable to set healthy boundaries, we might spend more on food, alcohol, or drugs while in a natural search for something to make us feel better.
Love and Money: How to Talk About Money with Your Partner
Money tends to be the most avoided subject in most relationships yet it’s a cornerstone of a successful relationship. Money has been one of the leading causes of stress in relationships probably because most couples consider it off-limits, a romance damper, or perhaps just waiting for things to work themselves out.
How to Budget Money on Low Income
Low income can seem too little to budget for. One may feel that the income is nowhere close to covering their expenses and might be wondering where to begin. The good news is no income is too little to budget for and in fact through proper budgeting and sticking to it, you might see a growth in your savings and see your debt beginning to shrink.