All kidding aside, if you have wheels and they are getting you from point A to point B, then take a pause and think about your future before driving that new car off the lot. Investing in a mutual fund rather than buying a car is a financial decision that can have long-term benefits. Mutual …
Investing $20 per month for 30 years in a stock that returns 7% annually has the potential to generate a significant amount of wealth over time. This is due to the power of compound interest, which is the ability of an investment to generate returns that are reinvested over time, resulting in the investment growing …
As a college student, it can be tempting to rely on credit cards to cover expenses like textbooks, tuition, and living costs. However, it’s important for college students to be mindful of the risks of credit card debt and to make an effort to avoid it whenever possible. One of the main risks of credit …
Compounding assets are investments that have the potential to generate returns that are reinvested over time. This means that the returns earned on these investments are added to the principal, or original investment, and the investment has the potential to generate even more returns in the future. One of the most well-known examples of a …
Saving and investing are two important financial skills that can help teenagers set themselves up for a financially secure future. Here are a few tips to help teenagers get started with saving and investing: Saving and investing can seem daunting at first, but with a little bit of planning and discipline, they are skills that …
Hello and welcome to Weekend Wealth! My name is Tina Taylor and I am so glad you are here! I am a proud parent, a CPA and I have worked in the accounting and finance area for almost 20 years. I have a passion for educating our children on the fundamentals of budgeting and money …
