Here are some articles that caught my eye this week…
One important lesson parents need to instill in their children is the importance of work and the association that the way to get money is through working. Here are some age appropriate chores that you can use to teach your kids the value of a job well done.
Very often it isn’t the major things that get us in trouble. It is the combination of many small mistakes that gradually erode our ability to succeed.
So often we believe the lie that if I only made a little more then I would just be fine financially. Then we get a raise and in a short time we start to think if I just made a little bit more it’d be OK. And so it continues, always thinking if we had just a little bit more. There are some people who have a legitimate income issue, but for most of us the amount of income we have isn’t the problem, it’s the person we stare at in the mirror each morning.
As parents we often fool ourselves into thinking we have to buy our children lots of stuff so that they’ll have great memories of their childhood. And yet the best memories often don’t come with a price tag.
Have you had a discussion with your spouse regarding your hopes and dreams for retirement? Do your dreams lineup with your spouse’s dreams?
I have seen statistics that as many as 4 out of 5 people have errors on their credit reports. It is very important that you periodically check your credit reports. Some of these errors can be fairly minor like a misspelling on a former address, but some of them can be major like the presence of a debt that is not yours. The good news is it is very easy to get a free copy of your credit report once a year. If you find errors take steps to have them corrected.