Many of us live paycheck to paycheck, spending without regard to the consequences. Keep that pattern up long enough and you soon discover the money runs out before you’ve paid all the bills, and there is never any left over for special purchases or holidays. Getting control of your household spending means setting u a budget, which will allow you to begin saving as well. [Read more →]

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How you think about money is the single most important factor to determining whether you are wealthy or not. If more money in your life is what you want it’s crucial that you develop a positive money mindset.

However, many of us have been taught to think negatively about money. We’re told things like “money is the root of all evil,” It’s not! How you acquire/use it is – ‘Greed’. Another is “money doesn’t grow on trees”. Actually it figuratively can if you know how. No wonder we have such a difficult time thinking positively about money!

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Whether you grew up in a household that was plagued with debt, or you simply want to make sure that your kids are money smart and make the right money choices when they grow up, you will discover helping your kids understand things like debt and how to handle money is something that should start early. Some kids have a knack for managing money, while others seem inclined towards being spendthrifts – like I was. But remember, money management is something that can definitely be taught, and when you are thinking about how to get the point across, keep a few things in mind.
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