It may seem like a challenge to improve the financial literacy levels among millennials, but we have the perfect tips to get you started. Everything we discussed in part one can easily be taken care of with a little follow up. Economize Once you get your first real job and go out on your own, it is tempting to feel the excitement of spending all … Continue reading Millennials Part 2:Tips and Tools for a Better Financial Future
Millennials comprise the generation of individuals born between the early ’80s and early 2000s. This group of individuals grew up with the internet and is comfortable with technology. Millennials are considered to be more/better educated than their predecessors, more ethnically diverse, and more economically active. Yet they are faced with great roadblocks like student debt and the economic uncertainty. As a generation carrying new personal … Continue reading Millennials Part 1: Their Financial Difference
Although sales for the consumer usually mean savings, for retail shops and businesses they are simply tactics to boost purchases. For this reason, not all sales are created equal – for some you might not get an actual bargain or worse, end up paying more. To avoid this, here are some signs to look twice at a “sale”: BIG, BOLD, “Sale” Sign– This is pure … Continue reading Not all Sales are Created Equally
It’s important to help your children establish good money habits at an early age; and who better to teach your children about good money habits than you? As their parent you can start by teaching them what money is and the financial values YOU uphold. Talk to them about money as casually as you would about brushing teeth or washing hands. The goal for now is … Continue reading Raising Financially Aware Kids
Everyone has bad habits, but not everyone realizes how much their bad habits are costing them. Here is a list of the most common bad habits that can break your bank. Coffee Americans spend an average of $21.32 per week on brewed beverages at coffee shops. With a midsize latte going for $3.65 at Starbucks and $3. 19 at Dunkin Donuts; investing in a coffee maker for … Continue reading Bad Habits That Can Break The Bank
It’s striking that one in three Americans claim to keep a monthly budget but most people don’t know how much they spend on a single day. Now, some of us use mobile apps for budgeting, but for those who don’t, how much do you think you spend? Let’s go through a day in an average person’s shoes. Continue reading On an Average Day, What Do You Spend Money On?
In May of this year, four cancer charities (Cancer Fund of America, Inc., Concert Support Services, Inc., Children’s Cancer Fund of America, Inc., and The Breast Cancer Society of America, Inc.) were charged for “personal fiefdoms characterized by rampant nepotism, flagrant conflicts of interest, and excessive insider compensation.” According to the case, only 3 percent of the money donated by caring individuals was given to cancer patients. Continue reading Tis the Season of Giving: But Where is Your Money Going To?
A decade ago, the term Cyber Monday was conceived by the National Retail Federation to bolster sales even after the Thanksgiving weekend, and to create an online shopping equivalent to Black Friday. They implemented their concept by partnering with the media to couple the catchy phrase Cyber Monday with sales and promotions advertisements. Since then, it’s taken off. Last year, $2.68 billion were spent on Cyber Monday. That’s well … Continue reading Mistakes Exploited by Cyber Criminals on Cyber Monday: Part I