April is National Financial Literacy Month; I am continuing my series on financial skills for teens. As a reminder, Financial Literacy is making informed judgments and effective decisions using money. Decisions about spending and saving will affect your entire life! Learning good habits regarding spending, avoiding debt and savings is very ...
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Financial Skills for Teens
Since this is National Financial Literacy Month, I thought I would start with a definition. “Financial Literacy is the ability to make informed judgments and effective decisions regarding the use and management of money”. Why is it important and when should you learn it? ...
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5 Important Financial Skills
As part of National Financial Literacy Month, learn how to establish and maintain healthy financial habits. The following are the most important skills that everyone should learn: ...
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Problem Solving 101
April is National Financial Literacy Month and recognized in the United States in an effort to teach Americans how to establish and maintain healthy financial habits. Problem solving is an important skill and can make a huge difference in your career and your life. It is a process of discovering, analyzing and solving problems. The goal is to ...
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Retired: Gone Wild!
Whether you worked for a long time or just a few years, you finally made it! You are retired, financially independent or just plain lucky. The fortunate few that no longer have to work for a living are not sitting around just getting old. What are they doing? ...
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What Do You Need to Retire?
Everyone says money! How much is enough to take care of you for the rest of your life? Do you have a number? Does it cover inflation, medical insurance and all your “needs” and your "wants"? Fidelity says you should have at least 8 times your ending salary! Whatever you think, you need to add ten percent! Why? You probably underestimated how ...
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How Do You Measure Success?
Do you measure success in dollars and cents? So whoever has the most money wins! Many people admire the rich, because we want to be one of them. Don’t you? Of course you do, it certainly is one measure of success. What does success mean to you? ...
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Inside a Millionaire’s Mind
What do you think when you hear the word millionaire? If you are a millionaire, you must have a big house, fancy cars and lots of money! You may be surprised to find out that the vast majority of millionaires are just like you and me. They work hard, live modestly and struggle like the rest of us with money. ...
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Rewards for Paying Off Credit Card Debt?
I recently read an article called Win Rewards for Paying Off Debt in Kiplinger magazine. The author writes about several credit cards that offer incentives to pay on time. They encourage frugal behavior! Let me translate for you, the credit card companies pay you to pay them on time. Why would they do that? What is in it for them? I always ...
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Valentine’s Day on the Cheap
Do you have someone that you would like to acknowledge on Valentine’s Day? Man or woman, this has become an important day. What do you do, men? The easy answer is order flowers, make reservations, pick up candy and a piece of jewelry. What do you do, women? You could buy things like anything sports, movie DVDs, candy or something personal. ...
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