financial literacy
Essential money skills such as budgeting, forecasting and basic money management are very often not taught at home or at school. Not understanding how compound interest can either work for or against you often leaves people consumed by debt and
Getting children to appreciate the value of money is an age-old challenge. That said, one of the surest ways of helping anyone appreciate its value is to allow them to work or do chores in exchange for money. Be sure
The speed and efficiency at which we can now purchase goods means that many of us miss out on the opportunity to do market and product research, shop around, and seek alternative options. Further, online marketers are experts at making
As much as we try to encourage our children to make smart money decisions, it’s important that we allow our kids to feel in control of their financial decisions. While they are relatively young and the damage can be limited
Not having a common set of goals can leave a couple feeling directionless and isolated from each other. In the absence of common goals, a couple may end up working against each other and jeopardising the financial future. Every team
According to a recent World Bank study, poor people are more likely to make bad financial decisions because they are compromised by what is referred to as ‘financial fatigue’. Their constant, day-to-day financial struggles impact on their psychological resources and
According to Beth Kobliner, author of the award-winning book ‘Get a Financial Life’, children as young as 3 years old can grasp basic financial concepts such as saving and spending. And a report by Cambridge University revealed that children’s money
