Most adult children put this conversation off because they are afraid of sounding greedy. Brandy shares the exact words to open it, the three things every family needs to know, and why one slightly uncomfortable conversation now prevents dozens of painful ones later.
Putting money toward your children’s college education? Many parents do. But how much is enough? Our latest post takes a closer look.
Learn how to tell your money where to go instead of wondering where it went – the difference between budgeting and cash flow mapping.
Offering restricted stock units (RSUs) is a common way for employers to extend stock-based compensation to their employees. More employees are starting to see RSUs as part of their overall compensation arrangement. Receiving RSUs or stock-linked compensation is a sign that things are going well in your career!
Employee stock purchase plans (ESPP) give plan participants the ability to purchase shares in their company stock at discounted rates. ESPPs, sometimes called Associate Stock Purchase Plans or other branded names, are overlooked but are a smart way to invest. You could be leaving thousands of dollars in free money on the table by not taking advantage of your company’s plan.
It’s probably no surprise that the number one cause of stress for any marriage is money. To prevent unneeded financial stress, you and your partner must focus on practical ways to manage your family finances. Luckily, we’ve outlined 5 simple money habits that can lead couples towards a harmonious financial partnership.
You do the absolute best you can for your kids. You work hard to support them, and a significant chunk of the household budget is dedicated not just to their needs but countless other things that may give them a boost in life. And yet, there are times when your kids tell you that somehow, it’s not enough. That they’re missing out (and it’s your fault). They don’t have as much as their friends; they don’t get to do as much as the neighbors.
People often think they have terrible luck. If you search on Google for the unluckiest person in the world, you can find a lot of very bizarre stories. One that I found interesting is from a town in Spain. Each year there is a Christmas time lottery run by the Spanish government called “El Gordo,” where the jackpots now reach over a billion dollars.
One of the trickiest biases to navigate when it comes to managing your finances is known as complexity bias, or the human tendency to “give undue credence to complex concepts.” In other words, we’re more attracted to complicated products and solutions…even when the simpler approach would serve us better.
2020 ended the year with a bang. This was likely from two things; strong returns from the financial markets and most of us slamming the door on 2020! Stocks ended the year on an upbeat note despite the economic headlines and persistence of COVID 19.
