Financial Literacy for Kids: How to Teach Your Child to Save

Want to teach your child to save money and where to spend it wisely? Be sure to read this guide on financial literacy for kids. As a parent, you know only too well how expensive kids can be. From funding their education to meeting their housing, food, and clothing needs, the expenses can take a toll on your finances. But for how long will your children depend on you for their financial needs? You don’t have to wait until they reach the legal adult age to start teaching them about the art … [Read more...]

Second Income Ideas for Families and Those with Children

Life with a family can get hectic, and sometimes having one income often isn't enough to provide both basics and luxury items for your children when you have a mortgage, food and other utilities to pay for. Whether you need to pay off some debt, buy a new car or save for a family holiday, if you could do with some extra cash, it may be time to get a second income. However, being a parent and working a day job is difficult enough; sometimes, it can seem impossible. Let's be honest here; being a … [Read more...]

Every Penny Counts: Smart Money Saving Tips for Stay at Home Dads

Having to rely on one income is tough when raising kids. What can stay at home dads do? Check out these helpful money-saving tips and tricks. Have you ever picked up your kids at daycare, only to find total chaos? Are your children picking up bad habits like biting, throwing toys, and stealing? If you're thinking that you could provide better childcare, you're probably right. About 20 percent of all couples have one partner who stays at home with the kids. That's more than 10 million … [Read more...]

How to Manage Your Finances In An Efficient Manner

The Importance of Finance Proper financial management underpins everything we do in our lives. Without the ability to manage your finances in an effective way, you will end up in a world of hurt and with a lot of debt. Being good with finances will make your life infinitely easier than someone who is bad with their finances. For example, you won't be crushed by interest rates and have to live paycheck to paycheck. You will be able to fly free like a bird without having to worry about your … [Read more...]

4 Tips for Saving Money on Beauty Products

Whether you buy a few or many, beauty products, cosmetics and toiletries is an area you can always stand to be a little more frugal with. Especially if you’re someone who enjoys wearing makeup and indulging in beauty items, you may not even realize how much money you are spending every year on items which can perhaps be avoided – and may even be items you’ve never used or forgotten about.  Here are four helpful tips if you’re looking to save a bit of cash on your beauty and cosmetic … [Read more...]

Mompreneur Special: Why Is Working Capital Important

Did you know lack of capital is the second most common cause of small business failure? About 29 percent of small businesses fail because they run out of money! As a business owner, you’re certainly taking every measure to give your enterprise the best chance of succeeding. This involves ensuring you have adequate working capital at all times. If you’ve never come across this term, you’re probably asking, “Why is working capital important?” Well, it could be the one thing that keeps your … [Read more...]

A Step by Step Guide to Framing Financial Strategy For Your Business

The financial structure of a business is what gives a business direction. It dictates whether a business can spend on a certain asset, how much it can spend, and also how much profit it can bring in. Needless to say, the integrity of this structure has to be intact for a business to succeed long-term. This process of maintaining a sound business financial structure is known as financial health. However, the mistake that most people make is generalizing this term and ignoring specific details … [Read more...]

Installment Loans Online With Bad Credit: Boon For Young Parents

Parenting is a journey and you learn as you move ahead. And this is not just about raising your children but also managing your finances. As a parent, you would want to give the best to your children and secure their future as well. But doing this may not be as easy as it sounds. Young parents, in particular, can find managing their finances difficult because juggling expenses with a new member of the family can be a challenge. While getting a loan may be the only option, it may not really be … [Read more...]