the Creative Money blog
It always amazes me that people think when you make a lot of money, you quit worrying about how you spend it. Personal finance just doesn’t work like that. I just had a meeting last night where this multi-millionaire was overjoyed to get set up on Mint. Over. Joyed. As I was leaving, I started thinking back to the other multi-millionaires I have worked with…if they weren’t tracking already, they all appreciated learning about a tool to help them do that more easily.
In today’s post I round up incredibly helpful links for you! In the themes of success, self-employment, creativity, and small business!
Starting a financial planning practice can be difficult…and I have done it twice. The first time, things started coming together for me after a year. I was building my practice and acquiring clients, and some of the tension I felt over tight cash flow and starting my own business was starting to ease. But even in the midst of professional and financial success, I couldn’t feel it. I didn’t feel the prosperity because how I felt about anything wasn’t even a consideration back then.
Children as young as three years old can grasp financial concepts like saving and spending. And a report by researchers at the University of Cambridge commissioned by the United Kingdom’s Money Advice Service revealed that kids’ money habits are formed by age 7. Here are three things that traditional advice forgets when encouraging you to teach your child about money.
Despite 91% of women saying it’s important that they feel confident in their abilities to invest, 58% of these women don’t have any interest in learning about the stock market. As USA TODAY reports, millennial women show less interest and confidence than millennial men when it comes to the stock market. For instance, 49% of women, compared to 69% of men, agree the stock market is the best place to invest for retirement.Next Page »