One of the best lessons you will ever learn about money

One of the best lessons you will ever learn about money. Read this story how a parent taught a child about money. Parent teaches daughter about money.

Save money on your groceries

A great way to save money on your groceries. Watch this video.

Financial literacy and starting early.

Money is a taboo subject. We are never supposed to talk about it. It is supposedly rude to ask how much people earn, spend or even save.

Well like anything, if we do not understand, we cannot appreciate.

These parents take a really good approach to money. They draw out a months salary in dollar bills and then allocate the money to the various bills that will need paying such as groceries, rent, utilities, car etc etc. This lesson allows their children to understand where the money goes and are therefore mindful when wanting something. A great lesson in budgeting and opportunity cost. Article

Student debt

Many of you will either be going to college or graduating and moving onto University or out of the world of Education. Unfortunately it is unavoidable, but money does make the world go round and you will have to be honest with yourself, be aware of your finances and in some cases be frugal. Money is easy to come by in terms of it being lent to you, but what you see as easy money now becomes a weight around your neck in the future as it has to be paid back with interest. When you leave college, you will not only have to pay back your student debt, but run a household etc. By making sure your student debt is manageable, it is one less thing to worry about in the future. Student debt

Credit Scores

Whether you are applying for a loan, trying to buy that car using finance, renting an apartment or using a store card, the most important thing going for you is your Credit Score. This is the first thing that is checked to see whether you have the tendency to pay your bills. If you have a history of not paying bills, would you let someone buy something off you on credit, knowing that there is a chance that you might not get your money back? There are ways to build your credit score up, but unfortunately you can lower your credit score just as easy. Read the following article.