While out of town for training I decided to enjoy my own personal travel on the weekend and rented a car. The first car we chose was dirty so we selected another. Finally while loading the second car a representative told us about a car that had just become available and was technically considered an upgrade. We looked at each other and chose the third upgraded option. By this time being the third car we didn’t check anything, just jumped in. First Mistake! We drove around Cali all weekend before returning the car and reporting to work on Monday.
Do you know your credit score? When is the last time you checked it?
If you are like me you check your account balance constantly. I check my account balance while walking in the bank to make a withdrawal or entering the grocery store to make a purchase. I want to make sure that I have enough to cover my transaction and know how much I will be able to work with. We all know how embarrassing it can be to be at the front of the line and your card is declined. We all have been there for whatever reason.
Times likes this more than ever it’s important to teach our children financial literacy. Rent, interest rates (except in savings accounts), student loan balances, and taxes are at an all time high. Every thing is high these days. The question I ask myself is how do I prepare my child for financial adulthood. Responsibly running a household, preparing for financial emergencies, and being an educated consumer is not just second nature. Incorporating financial literacy principles and strategies in child rearing is important. Just another step to set your child up for success. We as parents have so much on our plate, I think this one is worth the extra load.
Having a budget might sound like basic skills or even cliche, but trust me, it’s not easy adulting. Yes, I said adulting….. Trust me .. a budget can make a hell of a difference. If you are like me you make a list for everything. So why should your finances be any different. Every trip, back to school shopping, Christmas… etc. Now a list is great but lets be honest sticking to it for more than a week or pay period is the real challenge. Budget is a lifestyle change just like losing weight. Don’t put it on your to do list, make it your way of life. How many times have you bought a gadget or some clothes that you barely ever used and you ended up giving it away. This is money wasted that could go towards debt repayment or help meet savings goals. Now if you’re debt free and have a hefty emergency fund while living your life like your golden then more props to you. Maybe use it to save for an upcoming trip or gift you really need and investing is always a great option.
Summertime is here and school is out. Now what are you going to do? It’s hard to keep children active and keep your coins… Ok we are going to try to work that out today. We all got bills, goals, vacations, shoes (YOU NAME IT, RIGHT?) It can be hard at times to balance our goals with our responsibilities. I don’t want to adult anymore…… We’ll touch on some tips and activities that can help keep children active and stay on budget during the summer.