Teaching children to save money is an essential skill in life and an ever-evolving process even as they enter adulthood. A study by Bankrate indicates that 27% of adults have no savings. Teaching young people to save early sets them up for financial success for life and puts them in the driver’s seat to make […]
Paying Down Debt is a Form of Savings
One penny, two penny, three penny…. Often paying down debt feels like an arduous process that goes on forever. It feels like all we can put down is one penny at a time, so why bother? However, we can change our mindset by thinking about paying down debt as a form of savings. What do […]
Why is Saving so Hard?
When saving money feels so hard, it is often because spending is so easy to do! Spending money is usually an obligation to pay bills. Some of our spending is because we like new items or prefer convenience over time (eating out rather than cooking). Level of income, feelings, and how we were raised often […]
