The world is awash with financial turmoil these days, and it looks like things could easily stay that way for a very, very long time. That’s why it’s so important to begin teaching your children the importance of saving and investing right now.
Kids face a multitude of financial temptations as they grow up in the modern world. There are all kinds of gadgets to spend money on, and of course there’s always music, junk food and gasoline for “cruising”. The spending and saving habits they acquire during their formative years will probably stay with them for the rest of their lives, therefore it’s incumbent upon parents to make sure their kids learn the importance of proper financial management before they reach adulthood.
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With camera technology improving all the time even as prices are falling, it seems that most of us have an older, no longer wanted camera or two sitting around the house. Instead of throwing yours into the garbage or recycling it, you can always donate it to a child and watch with satisfaction as another “camera buff” is born and begins to flourish.
Paying for your child’s college education could easily be one of the costliest investments you’ll ever make. Tuition and board just keep going up, and there really is no end to it in sight. But did you know that there is a way for you to save thousands of dollars over the course of a 4 year degree program?
In this rough economy many Americans are having to deal with mountains of debt while working for lower wages (or no wages at all). If you happen to be one of them, you’re probably searching desperately for a way out of your financial bind. If you are, don’t feel bad because you certainly aren’t alone. Look around you. Your neighbor is probably in just as bad a shape as you are financially.