Archive for Finances
why do some people succeed and others fail?
Why do some people succeed in life and others don’t? “Whatever your decision on improving your life—physically, mentally, spiritually, financially, or psychologically—it has to start now. Many times when we wait to make a good decision, the consequences might be greater than the cost. I have also learned that forgiveness is not only for sins [...]
Technology for 21st century!
Nowadays, the overwhelming technological and scientific advancements taking place in every aspect of our lives are a commonplace for the younger generations, who for evident reasons have a better access to these advancements. Millions of children and teenagers can’t conceive a world without iPods, cell phones with cameras and GPS, chat rooms, social networks and [...]
what is ssdi?
SSDI (Social Security Disability Insurance) SSDI (Save, Spend, Donate, Invest) As a welcome gift to my sixteen years old, I gave her a piggy bank with $16.00 to start managing money. Her weekly allowance will be $10.00. She will SSDI $4.00 a month. By the end of the year, she will have $48.00. $4×12 months [...]
Debt and Psychology
Some people are relieved now that the tax return is behind them, while some are struggling with debts or refunds they did not anticipate. “I projected onto money the power to fulfill my fantasies, calm my fears, and ease the pain…,” (p.51). However, when we spend on credit we are buying this dream with someone [...]
Who will teach abused and neglected children how to save?
Many of abused and neglected children do not have the opportunity that regular children living with their parents have. Many of these children exit the system with no money saved or any knowledge of savings. CCAAFP’s goal is to help these young girls to learn some independent skills including -gaining employment, budgeting, balancing check book [...]
Teaching Adults How To Save
In other cultures, children do not move out of their parents’ home. For example, Kenyan culture allows males to build their homes in their parents homestead and females are expected to get married and move to the man’s home. Note: An unmarried female cannot build a house in her father’s homestead/compound. When the son’s families are [...]
Marriage and Finances:
In chapter four of my book, I talked about Finances and Marriage “In my discussions with married people, majority of them cited stress over their finances” (Betty Odak – Before, After, And Beyond Bankruptcy, Pleasant Word, 2009) Stress is a leading cause of divorce in the United States. The chronic stress that can result in a [...]
Teaching Young Children How to Save
21st Century Piggy Bank It is never too early to begin teaching children about finances. In other countries, children do not get a regular allowance, but they get occasional money from uncles and aunts during major holidays like Christmas day, and it is out of these monies that children can be taught how to spend [...]
