Off the Bookshelf: I Wish They Taught Money in High School

Well, I do remember studying about money in high school. We were taught to count money and change as early as first grade. We also had business math in high school and we had those investment problems in algebra. So, yeah, in a way we were taught money in high school. But, like the authors of I Wish They Taught Money in High School, I wish they did teach us how to apply all those “word problems” in real life. If somebody had taught me how the stock market worked in high school or even how to invest in mutual funds, I’d have made a fortune by now! It makes me question that if a lot of students had been taught how to apply such techniques, would we need as many payday loans in order to survive in the world. Maybe we would all be rich and live happy lives knowing that our teachers gave us all the skills we needed to be able to look after our money and spend it wisely. Who knows? But this didn’t happen and consequently, it inspired this book to be created.

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The book, I Wish They Taught Money in High School, comes in two parts written by Sharon Que and by Clarissa Serina-de la Paz. Both authors share their respective money journeys with Sharon Que focusing on entrepreneurship and Clarissa Serina-de la Paz focusing on investments. Both debunk the myth that you have to be rich to start a business or to have investments. Their personal narratives and the quirky illustrations by GooglyGooeys.com make the book a light yet very informative read.

No One’s Too Young to Start a Business

In my generation, kids were supposed to focus on their studies and leave money-making to their parents. Prior to being gainfully employed after college, all our expenses were funded from allowances given by our parents. Unless we took stock market trading courses or had lessons on how to pay bills appropriately, we were basically just thrown into adult life and the way the world works in terms of money. Ms. Que though shares with us how she, as a young child, was already exposed to the rigors of business. This early exposure to entrepreneurship has paved the way for her early success in the field of business. Yes, she was already a young entrepreneur at age 10. 🙂 In the book, she encourages us to start a business and turn it into a way of life. She also shares with us how to be an entrepreneur without shelling out any capital. So whether you choose to open up a one product shopify store, a t-shirt printing company or sell jewelry, there’s no better time to start this than the present! The book also provides you with a step-by-step guide for registering your business. If you’re looking for other tips and tricks for starting your own business, such as how to get a higher sales count, then you can look at this negotiation skills training course to help you on the road to being successful. There is plenty of help out there you can find no matter the area you’re looking to improve on in your business, whether you’re just starting off or have been going for years.

From Working for Money to Making Money Work for You

Clarissa Serina-dela Paz on the other hand shares her money journey as a fulltime employee. She gives very helpful advice on how to make your money work for you. Those who slave in the office only to have paychecks barely last a second in their hands would be wise to take Ms. Clarissa’s advice.

Specific and Attainable Goals for Financial Freedom

Both authors espouse goal setting to achieve financial freedom. They do not claim to make you millionaires overnight but share doable ways on how you can grow your wealth even with meager resources. Though most of their recommendations can also be found in other online sites and books, it still is inspiring to hear their personal success stories. Unlike books written by financial experts, these two books do not contain highly technical terms that make our heads dizzy. They provide concrete ways – the very same ones they used – to achieve financial freedom. I Wish They Taught Money in High School is highly suggested for those who want to grow their money but have no idea where and how to start.

Steer Clear of Debts

Being on the red list of debt collections really should be the last thing you want to do. Though it may be necessary to get a house loan or a car loan, other forms of debt should be avoided. One of those that many people fall prey is the credit card trap. Many mismanage their credit cards and end up deep in debt before they could stop swiping countless purchases. If this has happened to you, do some research into your options and learn about credit card debt relief, it might help you out. You might also be lucky enough to have generous parents who are willing to release some of their home equity to help you get a mortgage by using later-life finance services. Here’s what you can do to get out and keep out of debt:

  • Pay off all your debts. Any debt would put you deeper and deeper into the bankruptcy pit so pay off all debts the soonest possible time. If you are having difficulty paying off all the accumulated interests, do let your creditor know. Your creditor may soon get a California collection agency to get you to settle your debt if you suddenly ignore notices from them. Try to settle an agreement that’ll enable you to fully pay what you owe them. If you’re looking for alternatives, you can always clear debt with a lifetime mortgage which can really help you out when you’re in need so it may be worth doing.
  • Live within your means. Don’t spend more than what you earn. You may treat yourself once in a while to a little luxury, but you really should not shell out a year’s salary for something you don’t really need. Really, don’t buy a Porsche if a Kia’s all you can afford.
  • Save Before You Spend. Here’s a great rule of thumb: Earnings – Savings = Expenses. Most people save whatever is left after all the expenses but more often than not, they are unable to save anything because of “emergency” purchases which are more likely unnecessary ones. If you want to have a sizable amount in your nest egg, save first before you spend.
  • Grow your investments. Keeping your money in savings accounts may give you security but interest rates on savings accounts are much lower than the inflation rate. You may try investing in mutual funds or the stock market which yield higher earnings. They involve certain levels of risks though so put some thought on your investment. Perhaps some people could consider investing in cryptocurrencies, like Bitcoin. That is believed to make people money, so it might be worth getting a portfel bitcoin (or Bitcoin wallet as we would say in English) to store the digital assets safely. Hopefully, Bitcoin could make you some money. If you are business savvy, start one that would provide substantial profit.


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Low Capital Business Opportunities with BeauQuest and La Reine Nail and Day Spa

With prices skyrocketing and interest rates on deposits falling way below the rate of inflation, it’s more practical to invest your money in business than to keep it in a savings account. However, many find starting a business too risky thinking that doing so entails a huge capital. And, true, you will need to spend money on some things, like getting a 409a valuation startup document done, but those will all be necessary expenses to help you get up and running. But it’s not just finances that go into creating a business. The entire process of starting a business can seem really scary, but if you start it the right way by choosing a company formation agent, you’ll find it easier. You’ll then have registered your company with many perks, including the possibility of free banking for a year. As well as looking to register your company, you’ll need to look into cleaning services that can come in after office hours and clean the office down. To find the cheapest quotes, you may want to look for companies associated wth Poppies through their franchising scheme (https://poppies.co.uk/franchising/
for more information on that).

Are you one of those who are skeptical about investing your hard-earned money? Well, you don’t have to risk thousands to start your own business. La Reine Nail and Day Spa and BeauQuest can help you be an entrepreneur with just a modest capital.

LA REINE NAIL AND DAY SPA FRANCHISE

La Reine and Nail Spa provides a Day Spa experience in lavish surroundings at affordable prices. It offers its clients a place to relax and be pampered after a frenzied day. It strives to provide these services to a wider clientele by offering franchises to those who would like to embark on a new business venture. With an investment of Php 250,000, a franchisee will have a fully operational La Reine Nail and Day Spa. The entire franchise package is inclusive of the following:

  • Use of Trade Name and Logo
  • Operation’s Manual
  • Franchise Training and Seminar
  • Staff Training
  • Initial Stocks and Equipment
  • Customized Furniture and Lighting
  • Customized Staff Uniform
  • Marketing Materials such as flyers and tarpaulins
  • Signages

For more information about La Reine’s franchise package, visit them at #17 Annapolis Street, E. Rodriquez Sr, Cubao, Quezon City or call them at (02)966-0086.

BEAUQUEST PARTICIPATIVE ENTREPRENEURSHIP

More than supplying beauty products such as soaps, lotions and creams, BeauQuest also conducts trainings and seminars for those who would like to venture into business.

BeauQuest seeks to contribute to the improvement of the Philippine economy by marketing locally and globally demanded products and services through Participative Entrepreneurship. They have a business and marketing concept solution for would-be entrepreneurs. They provide an affordable do-it-yourself business along with knowledge and skills needed to market products and services.

They also conduct PRODUCTION AND TECHNICAL TRAINING WORKSHOPS ON HOW TO MAKE QUALITY, YET AFFORDABLE PERSONAL AND HOMECARE PRODUCTS using bio-degradable and natural raw materials for soaps, creams, lotions and other beauty essentials.

BeauQuest provides both raw materials and ready-made products for those who wish to start their own business. Kojic Acid Soap, Acne Soap, Slimming Soap and other bar soaps start at Php 18.00 each. So even if you only have Php 500 to start you off, you could still gain as much as Php 300 – even more than that if you could market it well.

For more information about BeauQuest’s products and business opportunities, visit http://beauquest.sulit.com.ph/ , http://beauquest.multiply.com/, or the BeauQuest Facebook page.




Teach Your Kids About Money Early

Most parents today take many different steps to ensure the financial future of their kids is well taken care of, and if you do it right you can avoid the fact that many first time buyers get help from their parents. They may compare life assurance and purchase life policies to provide for their kids if something were to happen to them. They may open and fund college savings account for the kids. Some even set up trust funds, open stock accounts, and more for their kids to give them a financial head start in life. Many don’t realize the benefits of teaching their children how to buy amc stock at a young age.

So, one of the most important things you can do to provide for your children’s financial future is to teach them about money early on, just like teaching them about healthy food with things like vegetables songs.

Why Financial Education Matters

It may be difficult to imagine now, but at some point just a few years from now, your children will be grown and leaving home to start a life of their own. They will have their own checking account, credit cards, and more. Without financial education, it is very easy for a young adult to over-spend, budget poorly, and wind up burdened by troublesome debt that takes many long years of their adult life to pay off. Even if you teach them about managing finances at an early age and then they decide to look into getting some more advice from a wealth management jacksonville fl company for example, this at least shows that they are focusing on saving and managing their money the right way. Any steps you take now to provide for their financial future will be wasted if they cannot manage their money properly and make sound spending and investing decisions on their own.

What You Can Do

A child’s financial education is not a one-day process. Financial habits pertaining to spending, saving, and investing are just that – habits. These are learned behaviors, and many of those behaviors are learned from their parents over their childhood years. So what can you do to start teaching kids about money? Here are some tips:

  • Be a Great Role Model: Children will mimic their behavior and attitude about money by watching you over the years. Consider how your kids see you spending and saving. Do you cave in when they ask you for a candy bar in the check out aisle or a new toy? Do you splurge with impulse purchases yourself, or do you limit your own purchases and save for major items?
  • Be a Vocal Saver: Teaching kids to save is a major part of a solid financial education. Talk regularly about saving for major purchases rather than rushing out to buy a major item on a credit card. Talk about how much of your paycheck goes to a savings or retirement account. Talk about how many months you will save for a family vacation. It may take some time for this process to sink into a child’s mind, but eventually, they will learn that saving is important and that impulse spending is not the best option.
  • Discuss Needs Vs Wants Regularly: Children want so many things in life, and the fact is that while some people do live a completely frugal life others do indulge from time to time in the occasional luxury item. Kids should learn about the difference between needs and wants. They should understand that all of your needs are provided for before you indulge in want and that even savings and planning for the future has been satisfied before you spend money on a luxury item. This is learned behavior as well, and children will learn how and when to spend money by watching you over the years.
  • Teach the Value of Money: Kids often ask for various toys, sweet treats, video games, new sneakers, and more. It is important for kids to learn the value of money at an early age. Anything that is requested by a child that is not a need can be used as a life lesson about the value of money. Needs should be provided for by parents, but items requested beyond those needs should be earned. This may be based on any type of reward system you establish. For instance, it is common to offer a reasonable allowance for kids doing chores around the house. Let kids work for their money, and then decide how they want to spend their money. Parents should encourage some of this money to be saved, too.

Teaching kids about money is not a one-day event, but instead it is a process that can begin very early in their lives and extend until the time they leave the house and embark on their own life as an adult.

How A Stay-At-Home Mom Makes Money In The Comfort of Her Own Home

Some parents strive hard to work their way up the corporate ladder in order to provide well for their children’s future. Other parents choose to stay at home to nurture their children embracing the chance to witness all of their children’s developmental accomplishments. Nowadays, more and more parents are finding a balance between career and family life. There are more parents now who are able to be their children’s primary caregiver as well as providing for the family’s financial needs at the same time. The myriad of income opportunities available to those who choose to stay at home makes it relatively easy to make money online. There are so many different options out there and it’s all about finding the one that works best for you. For example, a friend of mine actually gets paid to take surveys online. It’s something that you wouldn’t know existed unless someone told you about it, and I’m telling you now! There are many options out there, if this is something you’re interested in trying, I’ve heard that the Branded Surveys review is pretty glowing.

I’m lucky that I have my blog. I discovered some of these opportunities a year ago and have started to contribute to the family’s income only three months after creating this blog. Yes, I do earn from blogging through sidebar ads, sponsored posts, and text link ads. Before I even created the blog, my friend who has her own business told me that I should include sidebar ads, sponsored posts and text link ads as this should help more people to see my blog. She said she has used sponsored posts for her business and that it has helped her to improve her search engine optimization and has provided her with more income as a result. Her advice was golden to me and she recommended that I should have a look at these tips for picking the best guest posting sites as this helped her to improve her business. I’m so glad that her company and my blog have noticed some significant changes since trying this. I always make sure though that I stay true to my readers and do strive to provide quality content. I only have one “earning” blog but know of many Moms who manage several blogs and who have a monthly income at par with those in the corporate world.

I also know that there are plenty of other ways bloggers can make money from the comfort of their own home. In fact, many of the bloggers I know use some of their blogging earnings to invest in different stocks and even cryptocurrencies. Cryptocurrency is a sort of digital currency which uses special technology to prevent it from being stolen or replicated. It’s used in purchasing online goods or ethereum gambling chips (which might interest anyone wanting to make money that way) but recently more companies are accepting transactions and investments with these currencies which can increase their value as an investment tool. Nowadays, with the help of a few apps and online tools, anyone can invest. Some are very good at investing in chinesische Kryptowährung and other cryptocurrencies alike, whereas others like to stick to large stocks such as Amazon or Tesla as they’re a reliable income source. Many of these bloggers actually blog about their investment experiences, which is great blogging content but also a record of their investments for them to look through. It’s something I’m considering myself but I’ll have to read a few more of their blogs before I get too involved.

Writing articles for other bloggers is another way I am able to supplement our income. Thankfully, I now have a handful of clients who give me a steady stream of assignments weekly. Blogging and ghostwriting can really be a lucrative career for those who have a penchant for writing.

The best thing about these income opportunities is that I get to do them in my own time and in the comfort of my own home. Though “in my own time” means after the toddlers are asleep and all the chores are done, it’s still great to be able to make money working just a few hours a day.