We’ve completed week two of National Financial Literacy Month and again there have been a tidal wave of awesome posts out there to emphasize financial literacy to a financially struggling people. Even if you’ve already opened the door to financial education in your life, there may be someone else you know who wants and needs guidance in this area. If so, feel free to share this article where they can find dozens of personal finance articles.
7 Things You Can Teach Young Kids About Money
Gary from over at Super Saving Tips wrote an awesome article called Teaching Your Kids About Money for Financial Literacy Month. What a really love about this article is that it covers some things you might not think are important for teaching your kids. Head on over and check it out and forward the article on to those you know with young kids.
Financial Literacy Chronicles
Jack from Enwealthen had a number of great interviews with PF bloggers again this week, and I’d have to say that my fave was his one with Mr. 1500. Mr. 1500 shared some tough (from a kid standpoint, anyway) money lessons his parents made him learn as a child and how they have impacted him throughout life. They were hard even for me to read, and I’m pretty tough on our kids, but I don’t think I would’ve had the guts to stand strong in these situations. Looks like I’ve still got some bucking up to do.
Disney on a Budget
Brian from Debt Discipline wrote an awesome article on how he and his family saved money on a dream trip to Disney. Disneyworld is one of those destination vacations that nearly every family with kids dreams about, but it is super expensive. Learn how Brian took that vacation and saved thousands of dollars in the process.
Maybe Rising Household Debt ISN’T Okay
A while back I wrote an article about the rising household debt. In it, the author of a popular national news site article talked about how credit card debt was once again at its highest levels, but that it was “okay” because people were paying their bills on time. Well, guess what? This latest article on the credit card debt problem in America tells us that delinquencies are on the slow but steady rise.
I am continually amazed at the lack of foresight by supposed financial experts who write these articles on major business networks. It only takes common sense to realize that denial ain’t just a river in Egypt.
In happier news, there are some national finance and business websites whose writers aren’t clueless. MoneyTalksNews shared this well-written article on How to Prepare for an Income Emergency. In the study they referenced, 18% of people surveyed experienced a financial crisis in 2015. It does happen, people. In fact, I share in this article how a loved one experienced his own financial crisis which forced him to make some not so favorable decisions.
There’s No Such Thing As Too Much Financial Advice
Regular readers know we’re BIG fans of financial education and promote books on the subject often. That’s why I couldn’t pass up this powerful post on Becoming Minimalist, entitled 7 Pieces of Financial Advice that Forever Changed My Life. Seriously, this article could become a book. Read it and you’ll have nearly all that you need to achieve financial independence.
If She Can Do it…………
Well Kept Wallet shares the story about how this young girl paid off $10,800 in debt in just six months. Find out just what she had to sacrifice in order to get the job done. Her story proves that motivation + work = debt freedom.
And, in case you missed it……
Here are the articles we’ve posted so far in honor of Financial Literacy Month
My wish for you is that Financial Literacy Month is the catalyst that will help you reach all of your financial dreams!!
What is your current financial dream?