POM051: Teaching Children to Save Money with Rachael Hanible

 In this episode, we discuss: key elements in paying off debt and saving one year’s worth of bills the top three tips to teach children about finances the importance in teaching children about money transitioning from site hustles to business   Rachael Hanible Rachael Hanible is a Personal Finance Coach and Author of Amber’s Magical Savings Box, which is an Amazon Best Seller and has a perfect 5 star rating! Amber’s…

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How to Arrange Your Money and Assets for More Financial Aid

Is there a way to arrange your money to get more in financial aid? Tuition rates are climbing higher and higher and financial aid isn’t keeping up. The average tuition jumped 2.9 percent last year, 3.7 percent for private. If you’re in the middle class you may make too much for your child to qualify for need based financial aid and too little to come out of pocket with the…

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3 Key Concepts to Teach Children About Money and Entrepreneurship

It’s a question that many have: how early can I start teaching my child about money? The answer is much earlier than you think. Some of my earliest memories deal with my Sebastian (from The Little Mermaid) piggy bank and money lessons from my mom. All this before I ever bought anything. Those lessons about how money and saving works stuck with me. As soon as your children seem curious…

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Life Lessons No One Told You About Money

Life lessons about money normally come about through trial and error (and make for interesting stories). You learn different life lessons about money in this manner due to the fact that there is little formal education on finances in our society. Financial skills are often  not taught in schools and rarely go beyond teaching how to balance a checkbook, and just the how not the why.   Only 17 states…

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