#financial-literacy
#financial-literacy

fromRedfin | Real Estate Tips for Home Buying, Selling & More

Germany news

Everything you need to know about Germany's 'Schufa' credit score

Schufa credit score is vital for newcomers in Germany, affecting housing and credit opportunities.

11 hours ago

Real estate

How to Improve Your Credit Score Before Buying a Home

Low credit scores shouldn't deter homebuyers as various loans are accessible for those without perfect credit.

Improving credit scores can save money through better loan options and interest rates.

more#credit-score

US politics

fromwww.mercurynews.com

17 hours ago

Jill On Money: Can Trump fire Powell?

The Federal Reserve's independence limits presidential power to remove its chair, requiring cause for dismissal.

Understanding bonds involves recognizing them as loans made to various entities, with fixed rates of interest and risk-based pricing.

#parenting

fromPsychology Today

Parenting

How to Teach Your Kids About Money the Right Way

Financial literacy is primarily learned from parents through observation.

Children should be taught that money is earned, not given.

Understanding the value of financial decisions starts at home.

Parenting

I retired early to spend more time with my kids - but how do I stop worrying they'll become spoiled trust fund adults?

Affluent parents must balance financial gifts with teachings on independence to avoid raising entitled children.

Parenting

My teen asked for a $28 phone case that she didn't need. I used that as an opportunity to teach her about wants versus needs.

Teaching teens about prioritizing needs over wants can foster financial literacy and critical thinking.

Parenting

I'm a wealth advisor at Merrill Lynch. Here are 5 ways I'm setting my kids up for financial success and debt-free college.

Robert Furst emphasizes teaching financial literacy and charitable giving to his young children for their future success.

Parenting

I'm a financial writer, but I'm not teaching my teenagers about investing. It's hard to get excited about stocks before you have an income.

Teaching financial values is more important than early investment education, especially for kids without income.

Focusing on saving and financial literacy prepares kids for the future.

fromScary Mommy

17 hours ago

Parenting

Ben Affleck's Response To His Son's Ask For Expensive Shoes Went Viral

Teaching children the value of money and work is essential.

Children learn to appreciate money better when they have to earn it.

fromPsychology Today

Parenting

How to Teach Your Kids About Money the Right Way

Financial literacy is primarily learned from parents through observation.

Children should be taught that money is earned, not given.

Understanding the value of financial decisions starts at home.

Parenting

I retired early to spend more time with my kids - but how do I stop worrying they'll become spoiled trust fund adults?

Affluent parents must balance financial gifts with teachings on independence to avoid raising entitled children.

Parenting

My teen asked for a $28 phone case that she didn't need. I used that as an opportunity to teach her about wants versus needs.

Teaching teens about prioritizing needs over wants can foster financial literacy and critical thinking.

Parenting

I'm a wealth advisor at Merrill Lynch. Here are 5 ways I'm setting my kids up for financial success and debt-free college.

Robert Furst emphasizes teaching financial literacy and charitable giving to his young children for their future success.

Parenting

I'm a financial writer, but I'm not teaching my teenagers about investing. It's hard to get excited about stocks before you have an income.

Teaching financial values is more important than early investment education, especially for kids without income.

Focusing on saving and financial literacy prepares kids for the future.

fromScary Mommy

17 hours ago

Parenting

Ben Affleck's Response To His Son's Ask For Expensive Shoes Went Viral

Teaching children the value of money and work is essential.

Children learn to appreciate money better when they have to earn it.

Mental health

Why most Americans may never reach their savings goals

Only 13% of Americans feel very good about their finances, indicating a need for improved financial literacy.

fromwww.housingwire.com

3 days ago

Startup companies

FirstHome IQ, Crib Equity look to reduce down payment challenges

Homebuyers can achieve ownership faster and more affordably with financial education and innovative funding from Crib Equity and FirstHome IQ.

fromNew York Post

Mental health

Why most Americans may never reach their savings goals

Only 13% of Americans feel very good about their finances, indicating a need for improved financial literacy.

fromwww.housingwire.com

3 days ago

Startup companies

FirstHome IQ, Crib Equity look to reduce down payment challenges

Homebuyers can achieve ownership faster and more affordably with financial education and innovative funding from Crib Equity and FirstHome IQ.

more#financial-education

We're in our mid-30s and our family has saved $1 million for retirement - here's what it's invested in

A 36-year-old Redditor achieved a $1 million net worth through smart investments and financial strategies despite a challenging background.

Startup companies

It Doesn't Take A Fortune To Have Your Money Work For You, See How

You don't need a lot of money to start earning good returns from compounded growth.

Real estate

fromSFGATE

How To Invest in Real Estate Without Buying Property

Investing in real estate can be done through REITs without buying property, allowing for potential capital growth and passive income.

SF parents

How I Plan to Invest $72K Gifted by My Grandparents for a Secure Financial Future

The Great Wealth Transfer may lead to significant financial changes for Millennials as they inherit and invest wealth from previous generations.

fromLondon Business News | Londonlovesbusiness.com

Retirement

I just came into unexpected wealth - how do I balance enjoying it today and securing my future?

Wealth is shifting from older generations to younger ones, necessitating financial literacy among heirs.

London startup

Why every beginner investor should practice with simulated trades before going live - London Business News | Londonlovesbusiness.com

Learning to invest is essential for navigating market volatility, especially for beginners.

Retirement

We're in our mid-30s and our family has saved $1 million for retirement - here's what it's invested in

A 36-year-old Redditor achieved a $1 million net worth through smart investments and financial strategies despite a challenging background.

Startup companies

It Doesn't Take A Fortune To Have Your Money Work For You, See How

You don't need a lot of money to start earning good returns from compounded growth.

Real estate

fromSFGATE

How To Invest in Real Estate Without Buying Property

Investing in real estate can be done through REITs without buying property, allowing for potential capital growth and passive income.

SF parents

How I Plan to Invest $72K Gifted by My Grandparents for a Secure Financial Future

The Great Wealth Transfer may lead to significant financial changes for Millennials as they inherit and invest wealth from previous generations.

fromLondon Business News | Londonlovesbusiness.com

Retirement

I just came into unexpected wealth - how do I balance enjoying it today and securing my future?

Wealth is shifting from older generations to younger ones, necessitating financial literacy among heirs.

London startup

Why every beginner investor should practice with simulated trades before going live - London Business News | Londonlovesbusiness.com

Learning to invest is essential for navigating market volatility, especially for beginners.

These Are the 27 States That Guarantee a Personal Finance Course for All High Schoolers

Financial literacy education is grossly insufficient in U.S. high schools, with only half of students having access.

A few states are implementing measures to enhance financial literacy among youth.

fromPortlandTribune.com

SF parents

Planning for a Positive Economic Future: Financial literacy tips for teens

Financial literacy is essential for teens' future stability, yet many still feel unprepared.

fromBitcoin Magazine

6 days ago

Cryptocurrency

El Salvador's Ministry Of Education To Launch Educational Bitcoin Curriculum For Young School Students

El Salvador is launching a Bitcoin-focused financial literacy program for children aged 7-13, aiming to instill foundational financial knowledge.

Higher education

These Are the 27 States That Guarantee a Personal Finance Course for All High Schoolers

Financial literacy education is grossly insufficient in U.S. high schools, with only half of students having access.

A few states are implementing measures to enhance financial literacy among youth.

fromPortlandTribune.com

SF parents

Planning for a Positive Economic Future: Financial literacy tips for teens

Financial literacy is essential for teens' future stability, yet many still feel unprepared.

fromBitcoin Magazine

6 days ago

Cryptocurrency

El Salvador's Ministry Of Education To Launch Educational Bitcoin Curriculum For Young School Students

El Salvador is launching a Bitcoin-focused financial literacy program for children aged 7-13, aiming to instill foundational financial knowledge.

9 in 10 Americans Count on Social Security but Only 1 in 5 Fully Understand It

Many retirees depend on Social Security, yet significant confusion exists about how it operates.

Miscellaneous

How Much Will Social Security Pay Me in Retirement? Here's How to Estimate Your Monthly Check

Understanding how Social Security benefits are calculated is crucial for retirees.

Retirement

I Calculated My Social Security Contributions - Here's What I Discovered About My Benefits

Social Security benefits are earned based on contributions made by individuals and their employers.

Information security

3 Things Too Many People Constantly Get Wrong About Social Security

Understand Social Security's complexities to make informed decisions regarding claiming benefits.

Claimants have one chance to withdraw their application and reclaim benefits.

Information security

3 Harsh Social Security Truths to Come to Terms With

Social Security benefits alone are insufficient for a comfortable retirement, covering only about 40% of pre-retirement income.

Mental health

9 in 10 Americans Count on Social Security but Only 1 in 5 Fully Understand It

Many retirees depend on Social Security, yet significant confusion exists about how it operates.

Miscellaneous

How Much Will Social Security Pay Me in Retirement? Here's How to Estimate Your Monthly Check

Understanding how Social Security benefits are calculated is crucial for retirees.

Retirement

I Calculated My Social Security Contributions - Here's What I Discovered About My Benefits

Social Security benefits are earned based on contributions made by individuals and their employers.

Information security

3 Things Too Many People Constantly Get Wrong About Social Security

Understand Social Security's complexities to make informed decisions regarding claiming benefits.

Claimants have one chance to withdraw their application and reclaim benefits.

Information security

3 Harsh Social Security Truths to Come to Terms With

Social Security benefits alone are insufficient for a comfortable retirement, covering only about 40% of pre-retirement income.

My 8-year-old wants a debit card

The digital economy is shaping Generation Alpha's understanding of money, focusing on spending over saving.

Digital life

fromFast Company

Gen Alpha may need a financial reality check

Gen Alpha is developing a taste for luxury and holds high expectations for spending.

This generation prefers digital financial solutions over traditional banking methods.

Parenting

fromSalon

My 8-year-old wants a debit card

The digital economy is shaping Generation Alpha's understanding of money, focusing on spending over saving.

Digital life

fromFast Company

Gen Alpha may need a financial reality check

Gen Alpha is developing a taste for luxury and holds high expectations for spending.

This generation prefers digital financial solutions over traditional banking methods.

more#generation-alpha

#retirement-planning

Miscellaneous

I'm in my 40s and most of the advice I'm seeing is to have $5.5 million saved for retirement, but I only have $150k saved and not sure where to go from here

Adjusting your view of retirement savings can reveal you may be closer to your goals than initially thought.

Retirement

Can I Withdraw My Entire Roth 401k Contribution After 5 Years?

Understanding the five-year withdrawal rule for 401(k) accounts is critical but often misunderstood.

Miscellaneous

I'm in my 40s and most of the advice I'm seeing is to have $5.5 million saved for retirement, but I only have $150k saved and not sure where to go from here

Adjusting your view of retirement savings can reveal you may be closer to your goals than initially thought.

Retirement

Can I Withdraw My Entire Roth 401k Contribution After 5 Years?

Understanding the five-year withdrawal rule for 401(k) accounts is critical but often misunderstood.

more#retirement-planning

fromPsychology Today

Mental health

Credit and Debt: Leveraging the Future for the Present

Immediate gratification drives debt accumulation on personal and national levels.

Generational patterns have exacerbated debt trends, influenced by economic conditions and systemic exploitation.

Solutions need to focus on financial literacy and psychological awareness.

#consumer-behavior

fromPolygon

Video games

Almost 20% of Japanese people in their 20s have prioritized in-game purchases over paying rent

A significant portion of young Japanese adults struggles with excessive spending on in-game purchases, impacting their financial stability.

Business

Dave Ramsey says these are the two questions that separate rich people from poor people

The mindset of wealthy individuals focuses on total affordability, while those in debt often concentrate on initial down payments.

Video games

fromPolygon

Almost 20% of Japanese people in their 20s have prioritized in-game purchases over paying rent

A significant portion of young Japanese adults struggles with excessive spending on in-game purchases, impacting their financial stability.

Business

Dave Ramsey says these are the two questions that separate rich people from poor people

The mindset of wealthy individuals focuses on total affordability, while those in debt often concentrate on initial down payments.

more#consumer-behavior

#credit-cards

Cryptocurrency

Baby Boomers Could Really Clean Up If They Switched To A Cash Back Credit Card

Baby boomers could earn substantial cash back by using rewards-based credit cards due to their higher spending.

Over 70% of baby boomers aged 60-78 hold rewards credit cards, indicating their potential for maximizing rewards.

3 weeks ago

Cryptocurrency

As A Beginner, What Should I know About Cash Back Credit Cards?

A 19-year-old seeks a cash back card to earn rewards and establish credit.

Understanding cashback cards is essential for new credit users.

Approval for cards can be challenging due to regulations affecting those under 21.

Cryptocurrency

Baby Boomers Could Really Clean Up If They Switched To A Cash Back Credit Card

Baby boomers could earn substantial cash back by using rewards-based credit cards due to their higher spending.

Over 70% of baby boomers aged 60-78 hold rewards credit cards, indicating their potential for maximizing rewards.

3 weeks ago

Cryptocurrency

As A Beginner, What Should I know About Cash Back Credit Cards?

A 19-year-old seeks a cash back card to earn rewards and establish credit.

Understanding cashback cards is essential for new credit users.

Approval for cards can be challenging due to regulations affecting those under 21.

Parenting

The 12-year-old investor - How FIRE parents are teaching their kids to be financially savvy

Teaching children financial literacy from a young age can promote generational wealth and independence.

Miscellaneous

Is the biggest factor to financial freedom actually just generational wealth?

Generational wealth transfer impacts financial success, yet financial literacy is crucial for sustaining that wealth across generations.

Parenting

The 12-year-old investor - How FIRE parents are teaching their kids to be financially savvy

Teaching children financial literacy from a young age can promote generational wealth and independence.

Miscellaneous

Is the biggest factor to financial freedom actually just generational wealth?

Generational wealth transfer impacts financial success, yet financial literacy is crucial for sustaining that wealth across generations.

more#generational-wealth

Fundraising

Taxes on Side Hustle Income: Do You Have to File a Return? | Entrepreneur

Many U.S. adults with side hustles struggle with tax knowledge and filing requirements.

Retirement

Most Taxpayers Don't Understand How Tax Credits Actually Work

Many Americans do not know the crucial differences between tax deductions and tax credits, impacting their tax savings potential.

#homeownership

fromwww.amny.com

fromwww.swindonadvertiser.co.uk

NYC real estate

Video | Navigating the first-time home buying journey | amNewYork

Schneps Media hosted a webinar to guide first-time homebuyers on navigating the complexities of homeownership.

Retirement

Get paid 1,000 just for saving each year with this clever trick

The Lifetime ISA offers a government bonus that significantly enhances savings for first-time homebuyers, helping many achieve their property ownership goals.

Miscellaneous

A millennial shares 2 money lessons from his dad that are setting him up to retire by 35

Financial success stems from actionable money lessons learned from family.

Owning property is preferred over renting as an investment tactic.

Early financial education leads to long-term wealth accumulation.

Miscellaneous

A millennial who 'never paid a dollar of rent my entire life' shares how he bought his home for $25,000 under asking in a competitive, post-Covid market

Carmelo Camilleri's disciplined savings and early financial lessons led to his successful home purchase at 27, instilling lifelong financial habits.

NYC real estate

fromwww.amny.com

fromwww.swindonadvertiser.co.uk

Video | Navigating the first-time home buying journey | amNewYork

Schneps Media hosted a webinar to guide first-time homebuyers on navigating the complexities of homeownership.

Retirement

Get paid 1,000 just for saving each year with this clever trick

The Lifetime ISA offers a government bonus that significantly enhances savings for first-time homebuyers, helping many achieve their property ownership goals.

Miscellaneous

A millennial shares 2 money lessons from his dad that are setting him up to retire by 35

Financial success stems from actionable money lessons learned from family.

Owning property is preferred over renting as an investment tactic.

Early financial education leads to long-term wealth accumulation.

Miscellaneous

A millennial who 'never paid a dollar of rent my entire life' shares how he bought his home for $25,000 under asking in a competitive, post-Covid market

Carmelo Camilleri's disciplined savings and early financial lessons led to his successful home purchase at 27, instilling lifelong financial habits.

more#homeownership

LA real estate

fromwww.housingwire.com

The future of mortgage professionals Adapting to a changing market

Mortgage professionals must redefine their roles to provide advisory services amid rising interest rates and market uncertainty.

Bootstrapping

Money Tip From Founder Helping College Athletes Manage Billions | Entrepreneur

Student-athletes can now earn from their likenesses, but without proper financial education, they risk repeating mistakes of past athletes.

Mom Sets Up "Banks" For Her Young Kids To Gain Financial Literacy

Parents play a critical role in teaching financial literacy to children.

Miscellaneous

Should I invest heavily in my child's education or give her all the money in her 20s instead so she can retire?

Investing in children's education may be more beneficial than allowing early access to wealth.

Parenting

fromScary Mommy

Mom Sets Up "Banks" For Her Young Kids To Gain Financial Literacy

Parents play a critical role in teaching financial literacy to children.

Miscellaneous

Should I invest heavily in my child's education or give her all the money in her 20s instead so she can retire?

Investing in children's education may be more beneficial than allowing early access to wealth.

Miscellaneous

These Podcasters Think You Deserve More Money

Troy Millings and Rashad Bilal launched a podcast to enhance financial literacy in communities historically excluded from financial systems.

Miscellaneous

I was raised in an upper-middle-class home and learned money buys access. I now give back to the communities that supported me.

John Gregory emphasizes the importance of financial access and community investment in social entrepreneurship.

fromtime.com

Miscellaneous

These Podcasters Think You Deserve More Money

Troy Millings and Rashad Bilal launched a podcast to enhance financial literacy in communities historically excluded from financial systems.

Miscellaneous

I was raised in an upper-middle-class home and learned money buys access. I now give back to the communities that supported me.

John Gregory emphasizes the importance of financial access and community investment in social entrepreneurship.

more#wealth-building

fromstupidDOPE

Miscellaneous

Larry June and 2 Chainz Deliver Wisdom and Wealth on Life Is Beautiful | stupidDOPE

Larry June and 2 Chainz combine motivational storytelling with luxurious production, highlighting themes of perseverance and financial growth in their collaboration 'Life Is Beautiful.'

Parenting

Gen Alpha's Side Hustles and $11.3 Billion Spending Power | Entrepreneur

Gen Alpha is increasingly engaged in financial planning, with many starting side hustles and prioritizing savings at a young age.

Miscellaneous

Millennials Could Make an Extra $6,000 in 2025

Millennials are struggling with savings, reflecting a broader financial literacy issue.

#wealth-management

Miscellaneous

I'm a former NBA player. Basketball helped me to financially support my family, but I made some mistakes with my money along the way.

Alex Acker highlights the financial struggles athletes face and the importance of smart wealth management.

He established an investment fund to address the issue of athletes going bankrupt.

Miscellaneous

I just inherited a little over $100k and at 44 years old, I have zero saved up and nervous that I will mismanage this opportunity

Inheriting wealth requires financial literacy to manage it responsibly and avoid mismanagement.

Anxiety about managing newfound wealth indicates a willingness to learn and make informed decisions.

Miscellaneous

I'm a former NBA player. Basketball helped me to financially support my family, but I made some mistakes with my money along the way.

Alex Acker highlights the financial struggles athletes face and the importance of smart wealth management.

He established an investment fund to address the issue of athletes going bankrupt.

Miscellaneous

I just inherited a little over $100k and at 44 years old, I have zero saved up and nervous that I will mismanage this opportunity

Inheriting wealth requires financial literacy to manage it responsibly and avoid mismanagement.

Anxiety about managing newfound wealth indicates a willingness to learn and make informed decisions.

more#wealth-management

Miscellaneous

Do You Know More About Your 401(K) Than Other Americans?

The SECURE 2.0 Act will significantly increase the catch-up contribution limits for individuals aged 60-63 in 401(k) plans.

fromwww.independent.co.uk

Law

Law School Taught Me a Lot - But Not How to Run a Business. Here Are 3 Lessons I Learned the Hard Way. | Entrepreneur

Entrepreneurs must possess financial literacy to succeed, as it is critical in managing a business effectively.

UK news