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Tag Archives: financial
Now here’s a universal truth that’s often supported by those ubiquitous surveys released by financial institutions: the sooner you start to save and invest, the better off you will be. From what I’ve heard anecdotally, today’s young people are far more attuned to the message of putting aside money for the future. MORE
As a parent, you are a role model for your kids – probably their most important role model. Your kids are watching and learning from you. They see how you treat and relate to others. They observe how you balance work and family life. And they are aware of both your good and your bad habits when it comes to managing money. MORE
Fitness buffs who work with personal trainers may be familiar with the concept of a coach whose goal is to get the client to eventually wean himself/herself off the trainer’s services. After a year or two, you know the drill, you realize that the motivation to hit the gym must come from within and that it’s expensive paying for a personal trainer after you’ve learned to work independently. The same goes for the pursuit of financial independence. MORE
I’ve not blogged before about subjects that bother me, but now I want to share a critique about a practice that is unhelpful to instilling financial literacy. I’m talking about flimsy and superficial research. Don’t get me wrong; there is a place for casual research on financial literacy. In our view, however, too much research is done via “drive-by” omnibus studies that can’t produce meaningful findings on three to five questions. MORE