How To Win At Saving Many families in America are heading in the wrong direction when it comes to saving. We are witnessing a trend where people prioritize debt and living in the moment. For example, some buy cars and struggle to keep up with payments, making it difficult to save. In addition, credit card debt is draining savings accounts. Instead of paying their bills, many cardholders simply toss them into a folder, hoping they will disappear. As Christopher Parker wisely remarked, "Procrastination is like a credit card: it's much fun until you get the bill." By delaying payment on credit cards, individuals end up enriching financial institutions instead of themselves. Unfortunately, credit card issues aren’t the only problem. Many parents fail to educate their children about finances. According to debt.com, "Most parents (67 percent) believe that their 5- to 8-year-olds should learn about money," as indicated by a Junior Achievement USA survey. However, m...
STRATEGIC PLANNING FOR GENERATION WEALTH The pursuit of fast money frequently sparks discussions around dinner tables, particularly as families grapple with soaring living costs, struggles to pay bills on time, and mounting medical expenses. Unfortunately, in their desperation for quick financial fixes, many find themselves falling prey to scams while chasing the seemingly elusive dream of instant wealth. This is where financial literacy becomes essential. Despite its critical importance, it is often overlooked in schools, leaving countless families unequipped to manage their finances effectively. The repercussions are clear: overspending, escalating debt, and a cycle of late or missed payments. It's crucial to educate ourselves and our loved ones about why financial literacy is not just beneficial—it's necessary. Now is the time to break free from the status quo. Challenge yourself to rise above those who settle for merely getting by. That’s why I’m thrilled...