Disclosure: This article on buying your teenager a car is written in partnership with University Motor Company.
I can’t even believe it’s time for me to start contemplating this. It seems like just yesterday we were in middle school creating a savings plan for his first car. In my mind that was decades away. But. Here we are. This summer my oldest baby will be celebrating his 16th birthday and I am being bombarded with the question from family and friends,
2017 is the year that I most likely will need to buy a pre-owned vehicle and put my beloved “Black Beauty” to rest after almost 16 years of service.
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This is definitely not an easy decision, but as I grow within my business it is essential that I have reliable transportation.
When it comes to money, a lot of people prefer to take the approach that finances don’t matter too much. And, it’s easier to simply let the money flow on by as you work through life. Of course, of a lot of people, this works very well. But, it doesn’t allow you to make changes like savings and debt payments in your life. So, you need to be smarter with your money. This means doing some learning.
Disclosure: This is a sponsored conversation in partnership with EveryDollar and Acorn Influence. Financial compensation will be received (and budgeted accordingly).
This year I am being more intentional with my budgeting and savings plan.
What does that mean?
For starters, I am actually creating a budget. And set a savings goal.
Yes, I am winning in 2017 already. (Baby steps, people, baby steps.)
These are things that I regularly did when I worked full-time outside of the home,
Whether you’re well into your career or you’ve just graduated from college, investing your money is a fantastic idea. By investing in assets, you can keep your money safe. You won’t be tempted to spend more than necessary and, most importantly, your money will grow over time.
But many people avoid investing. It can feel complicated and scare a lot of people off- especially younger adults! But don’t worry. With some research and smart money management,
When you’re a student, you often hear many people telling you about how you need to be saving money. While that is still very true, I think it is important to look at ways to generate some extra cash as well. The two go hand in hand, right? One of the first things to do is to look for a part-time student job of course. But in overpopulated student areas, it can be quite tricky.
A new financial investment is a great opportunity because it allows you to improve your prospects for the future. You can make more money for your family or add a little extra cash to your pension fund. But to do this, you need to make sure that you are choosing the right investment. There are a few different ones that you can consider.
The first investment you can think about is stock or shares.