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Tag Archives: Interest
From a very early age, my parents talked to my siblings and I about money. We helped my mother count money at the grocery store, my father took us to the bank machine and we were only given allowances if we showed my parents a “budget,” which included giving, saving and spending. MORE
“Neither a borrower not a lender be,” is a long-established saying going back to Shakespearean times. However, as universal truths go, this one is only half appropriate for modern investors. Forced to choose between only one of two fates – being a borrower or a lender – I would unhesitatingly choose the latter. MORE
How can you encourage your kids to be good savers? It starts with being a good financial role model and adopting healthy financial habits. One of the best habits you can adopt and model for your kids is to “pay yourself first”. Make savings a priority by paying yourself before paying a cent to anyone else. MORE