As a child growing up, I wasn’t taught much about finances or money. Luckily, I was a natural saver and I didn’t accumulate large amounts of credit card debt once I left the nest. I inadvertently learned my frugal habits from watching my single mother work hard to provide for me. My money lessons were unintentional.
Now that I have two children of my own, I don’t want to leave the fate of their financial success to luck. If you’re a parent like me, you’ll also want to make your children’s financial education intentional and a priority. [Read more…] about 8 Ways To Prepare Your Kids For Financial Success
I’ll admit, at one point early on in my career, I had a paycheck to paycheck mentality. Yes, Ms. “I saved $85,000 in 12 months”, didn’t always have the best handle or outlook on finances. While I was always a good saver, I couldn’t for the life of me figure out what happened to all of my money by the end of the month.
I know some of it went to paying my mortgage because I wasn’t in default and still had my apartment. I know I paid for food because I didn’t die of hunger.
It literally felt like someone was sneaking into my bank account and taking my money. I had no idea where the majority of my income was going. [Read more…] about 5 Ways To Stop Living From Paycheck To Paycheck