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Small Ways to Save Money During the Holiday Season

The holidays are right around the corner, and since the average American spends over 1,000 dollars on gifts and travels over the holidays, it’s a good time to do what you can to save a few bucks. After all, you work hard for your money, so why waste it? If you want to make it through the winter without a depleted bank account, then check out these three helpful ways to save money during the holiday season.

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Teaching Kids about Money

How to Teach Your Children Sound Financial Principles

When children begin receiving money on a regular basis is the best time to start teaching them financial principles. Some kids are given cash or investment certificates by family members for their birthdays and holidays. Allowances may be allocated based on kids’ ability to handle certain chores around the house, like making beds, washing dishes, or dusting furniture. Teens often get part-time jobs while still in high school. Teaching them how to be responsible with earnings will provide key principles for future financial health and success.

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Minimalist Budget

Budgeting for Upcoming Purchases and Goals

People need to have money to purchase groceries and day-to-day household items.  They need to have money to pay their monthly rent or mortgage as well. Therefore, most people devote a lot of time to thinking about money.  It can be incredibly frustrating to lack sufficient money to cover certain things. You may think that only people with middle-class or lower incomes think about money so much. But that isn’t the case, whether you make $10 thousand or $10 million a year you still think about money. It may be how do I get enough money to pay for food and rent this month or it may be “Ouch, that stock just lost 10% of its value” but either way it is a concern.

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Financial Planning for Parents

4 Financial Planning Tips for Parents

Having a baby on the way requires a huge amount of planning. You have to plan all your doctor’s visits, design your child’s room, and figure out how long you’re going to stay out of work post-baby. You might even be planning your meals or researching your childcare options. However, there is one area that many parents forget to plan for – finances. While financial planning might be the last thing on your mind with a new baby on the way, it is extremely important. After all, according to Time, it takes approximately $245,340 in total to raise a baby from birth to adulthood. That is a huge amount of anyone’s income and requires a great deal of forethought to do effectively. Follow these financial tips to ensure that you and your child have the best financial future possible.

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Credit Card Debt

Using Credit Cards without Getting Into Debt

Having a credit card is handy, especially if you are away from home and blow a tire or a fan belt breaks or some other emergency! However, everyone that has a credit card runs the risk of racking up a significant debt.  Credit card debt can quickly spiral out of control. Sometimes it feels like the credit card companies will

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10 Ways To Teach Your Children About Money

Teach Children About Money By Contrarian Investing   Sow a thought and reap an act, Sow an act and reap a habit; Sow a habit and reap a character, Sow a character and reap a destiny!   As children grow, they are constantly observing people and things around them. This observation power increases over time and they try

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Teaching Children How to Save Money – But Also How To Spend And To Give

By Alex Summers When it comes to children and money, the traditional perspective is that kids need to be taught how to save. Parents will give their son or daughter a piggy bank, hand them a quarter once a week, and then instruct their child to save those quarters until the bank becomes full and

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