Giving Your Kids a Leg-Up

Although this is a blog about stock investing, sometimes it’s useful to look at different types of investment of arguably much greater value.  In this case, I will be offering some very practical ideas on how you can invest in the future of your children based upon how my parents, especially my mom, invested into mine.  Even if you don’t have any children of your own yet but plan to, you can learn some very useful advice if you choose to read on.

It is becoming harder in our western society for young people entering adulthood to have any sort of financial advantage going in.  There are many factors against them. Continue reading “Giving Your Kids a Leg-Up”

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Overcoming the Debt Mindset

It can be argued that the concept of saving is largely a lost art.

From a developed-world perspective, there is no longer a stigma attached to debt like there was a few decades ago, so people merrily spend their way into multiple forms of debt without thinking about the future consequences.  The ideas of penny-pinching, not buying what you don’t have the cash for, and other forms of saving and frugality – with the goal of someday building a nice nest-egg of savings – have been lost in this world of abundant and easy credit.

In fact, it would seem as though Continue reading “Overcoming the Debt Mindset”