Do you think a person's situation with money will never change? Just ask the 12 families who graduated from our no-cost Journey Program last week. They are living proof that it can! Collectively, our graduates paid down $45,552 in debt and saved $12,565 in emergency funds. Learning about money is a key step to managing it in real life. Our graduates learned how to budget, beat debt, save money, and work towards stability to help build a self-sustaining future. Let’s celebrate these graduates and all they have accomplished over the last 12 weeks.
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?? Baby Step 5 from 'The Total Money Makeover' by Dave Ramsey ?? Planning for your kids' education? Let’s explore Baby Step 5 from "The Total Money Makeover"! Baby Step 5: Save for Your Children’s College Fund Why: To ensure your children can pursue higher education without incurring debt. How: Use investment plans and savings accounts specifically designed for education savings. Stay tuned for Baby Step 6 in our next reel. Like and follow FinTaxLife for more insightful content! ??? #CollegeFund #DaveRamsey #EducationSavings #FinTaxLife #FinancialPlanning #IndiaFinance #howtoearn #learntoearnmoney
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BLOG: How financial education can add rocket fuel to a child’s ambitions https://lnkd.in/e-Q8Br2k #financialeducation #finances
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BLOG: How financial education can add rocket fuel to a child’s ambitions https://lnkd.in/e-Q8Br2k #financialeducation #finances
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A 529 plan is a great way to save for education costs with tax benefits that help your money grow faster. Learn more about saving for your education from our trusted partners at GreenPath. ??
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?? Hey college students! Let’s talk money. ?? Here are 3 things you NEED to have under control: 1?? Spending Plan: Know where your money’s going so you don’t run out before the semester ends. 2?? Emergency Fund: Life happens—having a little extra saved can save you from stress. 3?? Invest: It doesn’t take much to start, and the earlier you begin, the more your money can grow. ? Start building these habits now, and your future self will thank you. Let’s chat if you want to know more! #moolamasters #heidimacvittie #CollegeFinance #StudentBudgeting
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???????????????? ???????? ?????????? ??????????: ?? ???????????? ?????? ????????? With most schools closing soon, this is the perfect time to teach our kids the value of money. Start with small, relatable tasks: ? Give them chores with allowances - start small and move incrementally ? Help them budget their allowance - don't be so quick to swoop in and save their budget when they can't afford a "want", help them think through it. ? Teach them to save for the next "Sharing Day" so they understand the essence of money. Let's raise financially savvy kids and leave them a legacy not just an inheritance they might not know what to do with. How do you teach financial literacy at home? ?? Let’s hear your thoughts! #FinancialLiteracy #TeachKidsMoney #BudgetingTips #FutureSavvy #FamilyFinances #MoneyManagement #KidsAndMoney
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The government's education grants are too good to be true. Richard Canfield demystifies the appealing allure of RESP grants, revealing the hidden ceilings and the ultimate plateau of government contributions. The promise of "free money" might entice many to open RESPs, but Richard explains how this is often misleading, as the grants cap at a certain limit, diminishing their long-term benefit. PRE-ORDER A COPY OF OUR NEW BOOK! Don’t Spread the Wealth: How to Leverage the Family Banking System to Own All the Gold, Make the Rules, and Enjoy Generational Riches https://lnkd.in/gsqFneAY #WWBS #RichardCanfield #HenryWong #BeYourOwnBanker #RESPsExplained #RESP #RESPChallenges #RESPFromBirth #BeyondRESP #GrantChallenges #RESPTaxDeferral #RESPWithdrawal #CapitalUtilization #IBCFunding #TeachKidsFinance #BeyondSchoolSavings
Limitations of RESP Grants
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Few of us learned about money at school, and even if we did, most of us have forgotten everything our teachers ever taught us. Algebra, anyone? It's worth considering the younger people in your life, and whether you can help close their knowledge gaps, and make a key difference in their financial education. ???? Our panel of experts recently hosted a webinar, in partnership with The Just Finance Foundation to share their top tips for raising financially savvy children: https://hl.uk/3Lm Maike Currie James C. Nathan Long Sarah Wallace #PersonalFinance #Finance #Education
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Watch your students blossom into financially responsible adults who make a positive impact on their communities. Sign up for a FREE 30 Day Trial of MyFiLi for your school or non profit organization. #personalfinance #finance #financialfreedom #financialeducation #money
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The government's education grants are too good to be true. Richard Canfield demystifies the appealing allure of RESP grants, revealing the hidden ceilings and the ultimate plateau of government contributions. The promise of "free money" might entice many to open RESPs, but Richard explains how this is often misleading, as the grants cap at a certain limit, diminishing their long-term benefit. PRE-ORDER A COPY OF OUR NEW BOOK! Don’t Spread the Wealth: How to Leverage the Family Banking System to Own All the Gold, Make the Rules, and Enjoy Generational Riches https://lnkd.in/gA-8ngmM #WWBS #RichardCanfield #HenryWong #BeYourOwnBanker #RESPsExplained #RESP #RESPChallenges #RESPFromBirth #BeyondRESP #GrantChallenges #RESPTaxDeferral #RESPWithdrawal #CapitalUtilization #IBCFunding #TeachKidsFinance #BeyondSchoolSavings
Limitations of RESP Grants
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Benevolist.org
11 个月Congratulations to the Journey Program graduates!! And kudos to NRM for not just helping people in our community but truly CHANGING LIVES. Your programs are amazing!