Money is hard to get, and it is always tight. This is why we must teach our young generation about FINANCIAL LITERACY or about MONEY in order to have a wealthy generation for today’s society. Learning about money from early childhood allows kids to live with a budget, and to get used to living within …
Inflation refers to the general increase in the prices of goods and services in an economy over a period of time. It means that, on average, things become more expensive, and each unit of currency buys fewer goods or services. Inflation is often expressed as an annual percentage, indicating how much the overall price level …
For some people, their income allows them to live as high as they wish, with no regard for expenses. Or they come from a wealthy family with no budget concerns. Unfortunately, the fact is, not a lot of people have a large income or come from a wealthy family. We can count the number of …
Yes, it is possible to live a good life without always buying what we want. The key lies in distinguishing between needs and wants, practicing gratitude, and focusing on nonmaterial aspects of life that contribute to our happiness and well-being. Here are a few points to consider: 1. Prioritize needs over wants: Focus on fulfilling …
Can We Still Have a Good Life without Buying What We Want? Read More »
Becoming a savvy spender and a sharp saver requires a combination of discipline, planning, and good decision-making. Here are twelve tips to help you save money and spend wisely: 1. Create a budget: Track your income and expenses to understand your spending habits. Allocate funds for different categories, such as housing, food, transportation, and entertainment. …
The Twelve Days of How to Save and Be a Savvy Spender Read More »
Absolutely, right! “Everything is 100% OFF when you don’t buy it” is a playful and somewhat sarcastic way of suggesting that by not purchasing something you are “SAVING” the entire cost of the item. It implies that if you don’t spend money on something, you’re not losing any money, and it’s like getting a 100% …
Webster defines greed as “an excessive desire for more than one needs or deserves.” Greed for money is an excessive desire to acquire wealth and material possessions. Greed for money can ruin a relationship among family and friends. It is often related with negative traits such as selfishness, avarice, and a lack of concern for …
Family and money are two important parts of life that can have a significant impact, each one on the other. On the one hand, family can provide emotional support and a sense of confidence to help individuals manage their finances, and to make wise financial decisions. On the other hand, money and financial stability can …
Raising kids is not an easy job. Beside the hustle of here and there, we also carry the responsibilities around our financial stability. Why is the MONEY talk important? Do we have to talk about MONEY? Isn’t it the root of all evil? Or is it really that important in our society? Well, the simple …
Financial literacy is an important skill for kids to learn, as it can help them understand how to manage money and make smart financial decisions as they grow up. Here are some tips for teaching financial literacy to kids: 1. Early Age Start early, please. The earlier you start teaching kids about money, the more …