Tag Archive: parents

Why it’s Important to Teach Personal Finance to the Next Generation

Whenever I spend large sums of money, I can hear my mother’s voice; “Is this really necessary?” or “Couldn’t you find that cheaper somewhere else?” At certain times, such as the day I finally bought the car I had spent years saving for, it can be annoying. Al though sometimes irritating, I will never forget the financial advice she gave me in my youth and how it helped me to prepare for the future.

HOW TO COPE WITH FAILURE & PERSONAL FINANCE PERSISTENCE

“Success consists of going from failure to failure without loss of enthusiasm. ” Winston Churchill

CAN YOU REALLY AFFORD THAT?

Before making any big decision, do a self inventory. Reflect on these questions: What can you afford, what do you need, and what to you want? What are you willing to sacrifice for peace of mind?

PASSIVE INCOME; FACT OR FICTION-Part 2

This 2 part series will uncover the pros and cons of some popular “passive income strategies.” Part 1 explored making money on line. Today learn whether investing in real estate, stocks, and bonds is a sure fire method of “easy and passive money.”

Use Stress to Become Successful

“I feel like this is something I’ve been capable of doing. I felt like if I put in the hard work and committed to the journey eventually it was going to yield some fruit.” R.A. Dickey After toiling 12 years in the minors, this 35 year old NY Mets knuckleball pitching sensation is 6-0 this…

HOW TO AVOID LIVING PAYCHECK TO PAYCHECK

I remember back to my first full time job as an invoice clerk; I was amazed on payday when my co-worker and I went to the bank. She CASHED HER ENTIRE CHECK AND TOOK ALL OF THE MONEY! I thought it was quite odd that she didn’t put any of it into the bank.

My Story: How my Parents went from Poverty to Wealth and Taught me Life Lessons for Financial Independence

Categories: personal finance, money management, values, parents, saving “A penny saved is a penny earned.” Benjamin Franklin If you remember nothing else from this blog, embrace Ben Franklin’s wisdom. His intelligence and strength embodies the essence of BarbaraFriedbergPersonalFinance. Main Topic My dad was born into terrible poverty. His father was an unemployed factory worker for…

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