Meet FInta Clause. He’s St. Nick’s CFP. While Santa’s busy evaluating the deeds of youngsters, FInta’s on an entirely different mission…to determine if those pursuing Financial Independence (FI) have been naughty or nice this year.
Do you enjoy crossword puzzles? Take a look at our Free PDF downloadable. How Financially Literate do you think you are? Have you learned enough about the FIRE Movement? Who are the big influencers? Do you know the proper finance terminology?
Chelsea Brennan, better known as Mama Fish, gives her son 9 lessons on money. As a former Billion dollar hedge fund manager turned personal finance blogger, she has quite a bit of advice for her little fish.
How many times have you heard, “Save early” and “Save Often? How about “Time in the market beats timing the market”? There’s a reason they are said ad nauseam and the evidence behind them is powerful. Here are some examples demonstrating the true magic of saving early and leveraging compounded interest to drastically change your life.
How do you think your children would manage money if given the opportunity to earn income, pay expenses, and reap the rewards of a 20% compounding interest rate? My wife and I conducted a 20 week experiment and reviewed our kids decisions using the RoosterMoney app. Are you curious how my kids did and what can be learned from the exercise? I certainly was.
Relating the concept of financial independence (FI) to an activity a child understands is important. This is a letter to my son explaining how his video games are about money management and he doesn’t even know it.