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Teaching Kids About Money

How early should I start teaching my kids about Money?

Parents should talk to their kids or teach their kids about money as early as possible.  Money knowledge should be weaved into every day habits and discussions.  Is investing a dollar a day less important than brushing your teeth?  Is developing a college savings plan something that should be delayed?  Everyone has life events that […]

Financial Mistakes Made in Your 20s

The Most Common Money Mistakes of Your 20s

The biggest mistake any investor – including someone in their 20’s – makes is not understanding the multiplying effect of compound interest. Time is the key component of growing wealth. Let’s look at some simple math: 270, 114, 48, 20, 40, and 3. At birth your multiplier is 270. If some invested $1,000 dollars and […]

Learn to Manage Money

A New Way to Manage Money

The biggest key to manage money successfully is to make money systematic.  First, I have always lived on only 90 percent of my income. I took the difference and invested those assets for long-term growth. Once in that account they never came out no matter how hard times were. Second, we also maxed out our retirement […]