Archive | General Planning

Mortgage

Become Your Own Banker

  GOAL: Become your own banker “Neither a lender nor a borrower be,” advised William Shakespeare in Hamlet, one of his most famous plays. Loans between family members or acquaintances ruined relationships back in his days. Borrowing money can still kill friendships and crush families today. One solution: Become your own banker. Save enough cash […]

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Pie Chart

Index Funds: An easy way to diversify your portfolio

Index Funds. Diversify. Portfolio. Buzzwords like these are often baffling to the new investor. Just as keywords, though, get you where you want to go on a computer search, such terms can take first-timers a long way in building wealth. “Index Funds offer a resilient investment strategy,” according to Sapling.com, “as well as an easy […]

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Teens

Teach money management before kids go to college       

Give teens financial tools they need Too many teens get their first shot at managing money after they’re out of high school. By that time, they’re already hooked on fads, fashions and fast food. Some college-bound seniors apply for extravagant amounts of financial aid just to cover optional expenses, such as cars, clothes, concerts, electronic […]

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young girl lying on grass, holding head in hands, frowning

Teach Tots How to Manage Money

Preschool, elementary ages not too early Teach tots how to manage money There’s a meltdown in a toy store somewhere at least a dozen times a day. “I want the big box!” demands the frustrated four-year-old. “You don’t have enough money for that one,” beseeches his battle-worn    mother for the third time. She holds out […]

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