Statistically people with children make and have more money. People with a lot of money are more likely to have children. They are also more likely to be married. These are facts that can be measured, not my opinions. This doesn’t answer the question of whether YOU are more or less likely to become wealthy … Continue reading Does having kids make you less likely to become wealthy?
Buy early and buy often- Even if you don’t always pick winners playing the game will benefit you in the long run. If you have a part time job or allowance, invest small amounts every time you can. People who become wealthy buy stocks every single month for their entire life. Risk it all- Making … Continue reading The Best Advice for Teenage Investors
Your goal should be to move out as soon as possible. Even if this means a drastic change in lifestyle and standard of living. I think parents should wean their children off of financial support. Cutting them off completely can often lead to resentment and larger issues. I would suggest by starting to have the … Continue reading Should you pay rent if you live with your parents?
The most important example you can set is for your kids. Parents have an innate desire to set a proper example for their kids. This is true in almost every aspect of life. Parents want to show their children to be kind, courteous, ambitious, hard working, compassionate and a million other things. I've written in … Continue reading The Ultimate Example