Financial Tip Of The Day: 6/30/2022

“Am I scaring people with my economic updates?” Is a question that I have to seriously ask myself. If I am, it’s not my intention.

The world is changing so fast that people don’t know what they want to be angry about on social media. Debates and complaints are all that we see now.

But, what are people going to actually do beyond that? Most, nothing. It’s time to start looking at your habits and for a lot of Americans their spending habits have changed (and not by choice).

Stop being distracted and get focused.

Article By Aura Carter

What To Teach Your Kids About Money

Exceptional parents raise exceptional children and in order to do this you must teach your children life skills that aren’t taught in school.

It is a known fact that the most important and critical subjects needed to flourished and navigate America prosperously aren’t considered key by the public school systems.

Understanding finance at a young age allows for better decision making as an adult. Teach your children useful information as this world is changing faster than ever.

Article By Aura Bea Carter

Youth Savings Tracker – Money Journal – Kids Money Tracker

The American Dream Caused The Great Resignation

When most people apply for a job it is based on credentials (qualifications), and the pay rate offered. Which makes total sense. But it’s very common for that excitement of having a new job to disappear sooner than expected.

You get in the door and you realize:

1. There is a glass ceiling.
2. The position is more (or less) work than explained.
3. You start taking work home; thinking dreadfully about work after hours, replaying conversations between yourself and coworkers, tossing and turning at night because you don’t want to go in.

These examples may be spot on, or they may be exaggerated depending on your personal situation. But one thing is for certain more and more people are leaving their jobs with what has been called the “Great Resignation.”

Article By Aura Bea Carter

The 50/30/20 Budgeting Rule Will Change Your Life

How do you budget? There are apps and various systems that can help you take control of your finances. The 50/30/20 budgeting rule is very sensible and can be started at anytime.

A budget is having a plan for every dollar that you have. It makes you more conscientious of your spending habits.

Article By Aura Bea Carter

5 Ways To Stay Ahead Of Your Competition

What are you doing to stay ahead of the game? Knowing what your customers want means also knowing what other (similar) brands they compare you to when shopping.

Here are a few questions to help you advance in your market:

1. Who is the top (richest) brand in your niche? (Take notes from them.)
2. What does your local competitor do to promote? (Are they collaborating around town?)
3. Do you want to stay a small business or do you wish to become a household name? (Either answer is fine!)

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