Monthly Archive: December 2018

8 Financial Tips to Teach Your Children

I began talking to my children about finance long before they were what five or six years old!

A lot of friends, relatives, and acquaintances back then told me that it was a bit too early and that it would not really help them since they were young to understand the nuances of finance but I persevered. For me, being a parent entailed this responsibility that from early on in their lives they have a clear idea of how money should work for them rather than they work for the money.

Also, I wanted them to not become burdened with debts and this was the only way to tell them to be free of any liabilities in their lives.

So, here are the eight things that I began by teaching them:

  1. Drawing up the household budget meant that the children were most definitely involved. They either heard what their parents decided after discussion or they were allowed to make inputs.
  2. Use the time creatively to explain to them that they must never outstretch their budget. Drawing up a clear budget means that they know exactly beforehand how much they have and how much they need to spend and save.
  3. Teach them to buy things that will double up in value and worth. One of the exercises was to buy toys for them only from These are those that double up as educational kits too!
  4. Giving them chores is a good idea where you give incentive to the child if he performs his duties well. It is a great motivational tool.
  5. School trip planning can be entirely left to them to bring home the point to them that they need to manage their money in order to be able to save in their kitty.
  6. Same also goes for vacations that the family may take.
  7. Starting early is the best thing to do!
  8. Explain the jargons to them to be able to enable them to understand the real world lingo.

Your kids will love to thank you for equipping them earlier in life. I am sure you will feel so proud of yourself then!!

Top Reasons Why A Healthy Lifestyle Will Save You Money

If you maintain a healthy lifestyle, there are lots of financial benefits.  Read on to know them:

Medical expenses:  You can cut on those medical expenses.  Right from the common cold to fever you tend to get less infected.  Hence no need to knock the door of the doctor.

Productivity:  If you are strong you can do all the chores at home by yourself.  No need to hire paid cleaning services.  When you get sick frequently, you do not have the energy to cook or clean.  You buy food.  You spend more on hiring people for getting things done.  But when you stay healthy you need not to depend on anyone.  You can do all the toiling at your home by yourself.

Outfits:  Healthy people can improve their looks by using stéroïdes légaux.  Sick people have to improve their basic strength.  Hence improving their beauty cannot be their priority.  But healthy people need not spend more for looking good.  Looking good by wearing simple outfits become easy for them.  Hence money on those makeups and expensive outfits and accessories can be saved easily.  When you are healthy and strong, you can plan for the next level of improving looks.  Even simple efforts can provide good results.  Hence there is no need for costly cosmetic investments.

Career:  Healthy people have a great career.  Due to no absenteeism, they are the most preferred employees.  They stay fresh and think innovatively.  They complete work fast.  They tend to commit fewer mistakes.  Hence, they get more incentives and promotions with salary hikes.

No spending on alcohol and smoking:  Healthy people ought to have a disciplined lifestyle.  They do not spend money on digestive disorders.  They have a good metabolism.  They do not spend on alcohol and smoking.  Hence all those expenses can be saved.

Basic health gives the shine and glow.  It brightens the efforts taken to enhance beauty.  Hence there is no doubt that being healthy gives a lot of financial benefits.