Breaking the Cycle: How Kids Learn Bad Financial Habits Early and How to Help
Kids absorb financial habits quickly, often without even realizing it. Some of these behaviors—like impulsive spending or avoiding money conversations—can persist into adulthood, impacting long-term financial well-being. By identifying these tendencies early on, parents can guide their children toward healthier financial habits that support a more secure future. Identifying Impulsive Spending BehaviorsMany kids see immediate…
Read More
Teaching Money Skills to the Next Generation
Teaching kids about money is one of the most valuable life skills parents can pass on. Financial literacy can start at home in a way that’s approachable and even fun. This guide shares practical tips and modern tools to introduce money skills at different stages, helping children and teens develop habits that can lead to…
Read More
Financial Literacy Essentials: Building Blocks for Every Stage of Life
Financial literacy forms the foundation for a secure and confident future. Regardless of age or financial goals, understanding key money management skills can have a lasting impact. While some of these concepts have been covered in prior issues, this week revisits and ties them all together—because sometimes, a bit of repetition is beneficial for reinforcing…
Read More
No 401(k)? No Problem: How Gig Workers Can Still Save for Retirement
Traditional employees often benefit from retirement education and easy access to savings options through their HR departments. Gig workers, however, face the challenge of navigating this information on their own, which can be overwhelming. Many gig workers—freelancers, rideshare drivers, and independent contractors—tend to overlook long-term financial planning. Instead, they focus on short-term financial stability, managing…
Read More
Life Insurance – Yes or No?
Life insurance is one of those financial products we’re all told to get. From advertisements to financial gurus, it seems like the ultimate safety net for everyone. But here’s a radical thought: life insurance is not for everyone. That’s right. Despite its merits, there are scenarios where life insurance might not be the right fit,…
Read More
Is Disability Insurance Really Necessary?
Insurance in general really annoys most of us, doesn’t it? We pay for something every month and get absolutely nothing in return—until we do. When money’s tight, it feels like an incredibly painful, albeit necessary, expense, and in better times, does it ever really spark joy? (That was rhetorical. We all agree it doesn’t.) HOWEVER—when…
Read More
The Stress of Money – Managing your Mental Wealth
Money-related stress has become a near-universal experience. Countless surveys and studies highlight a surprising truth: financial worry isn’t exclusive to any particular income bracket. Whether you’re living paycheck to paycheck or managing a substantial portfolio, the stress of money can affect us all. Financial stress is a great equalizer. It doesn’t discriminate based on income,…
Read More
Election Guide 2024
*a subscriber exclusive* In this exclusive guide, we explore the potential impact of the upcoming election on your investments, taxes, and retirement. Learn from 90 years of market data, discover common investor mistakes during election years, and get actionable strategies for safeguarding your financial future. Whether it’s Social Security reform or sector volatility, this guide…
Read More
Behavior & Budgeting: Mastering Your Finances for a Secure Future
*a subscriber exclusive* Curious about the link between your habits and your financial health? Our latest subscriber-exclusive article delves into the psychology behind budgeting, offering insights into why so many of us resist it—and how to change that. Discover the key behavioral patterns that influence your financial decisions, and learn practical strategies to align your…
Read More
Hidden Costs of Retirement Relocation
Tired of seeing endless articles about the “10 Best Places to Retire” or “Cheapest Cities for Retirees”? You’re not alone. These articles paint a rosy picture of retirement relocation, making it seem as simple as picking a sunny spot and packing your bags. But the reality is far more complex—and potentially costly. While dreams of…
Read More