Three Tips for Building Wealth as a Family

In this current political climate, it's clear that you can't rely on the government for everything. It's so important to set yourself up financially for the future. Because of the government shutdown, over 800,000 government workers are without a paycheck. This directly impacts their ability to pay their bills, feed their families and more. You also don't want to look at your social security check as a plan for the future.

In order to build wealth and maintain a comfortable lifestyle as a family, consider the following tips.

1. Find ways to get discounts. While it's always cheaper to cook and eat at home, it's nice to take a break from cooking once a week. However, when a family of five goes to the local fast food restaurant, the bill can easily equal over $50. Instead, it's a good idea to find online coupons and deals that allow you and your family to enjoy a night out without paying tons of money. The key is to plan the night in advance.

2. Save money. It's also important to actively save money. Whether it's a nickel or a few dollar bills, teach your family the importance and value found in saving money. A great way to do this involves keeping a coin bank for kids in a visible spot in the house.. Whenever anyone finds extra money around the house, they can race to put the money inside. This develops a tradition of saving for a rainy day. This is an incredibly important trait to develop within your financial regimen. It's also important to pass this skill down to your children.

3. Actively invest money. Invest your money wisely. Get the children involved in the process as well. One of the great ways to do this involves purchasing rental properties and investing in the stock market. If you are cleaning up a rental property, take your children with you. Allow them to see you in the midst of the process so that they can see what goes into owning rental properties. Teach them the stock market tips and tricks on their level. These lessons will really serve them well in the long run.

I hope some of these tips help. Thanks for stopping by today!

Comments

What To Do About Those Fuzzy Uninvited Guests In The Home

When we talk about pests in the home, the most common that we tend to deal with are the creepy-crawlies that find their way in. Ants, termites, and spiders, for instance. Occasionally though, you have a real chance of getting a much bigger, fuzzier unwanted guest in the home. What do you do about the fact your home is at risk of becoming a wildlife sanctuary for some truly unhealthy and even dangerous beasts? Picture by Alexas_Fotos Know the signs It doesn’t matter if you’re in a suburban home, a country cottage, or a fourth-floor apartment. Some animals can find their way just about anywhere. It’s worth knowing the signs of pest infestation so you can confirm it and act on it immediately. Spotting droppings, keeping an ear out for scratching, and looking for signs of nesting like shredded paper, scrunched leaves, and grass clippings around the home without explanation can help you start fighting back. Picture by wolfgang_vodt Cleanliness is key If there’s

Hey neighbors, its with a heavy heart I let you all know that my mom (Lori) unexpectedly passed away the end of June. Our family has been taking the time between now and then to be together and remember what a light mom was. I came on towards the end of last year and was planning on fully moving my interviews and review to this website. I intend to to so partially to keep mommas beautiful website going. Thank you all so much for your love and support over the years. ~Mercy

Prilosec OTC $25 Rebate plus a $100 AMEX Giveaway

Hey Neighbors! Do you suffer from heartburn? I do sometimes. I personally can not eat really spicy foods. Problem? I LOVE MEXICAN! So does my whole family. My husband enjoys really spicy foods and sometimes suffers from it. Solution? Have you heard about Prilosec OTC? If not perhaps you would like to try it. Prilosec OTC has a special offer going on right now through February 15th. Buy 2 Prilosec OTC and get $25 back. Now, I personally have not tried Prilosec OTC yet. But according to the site: "How and Why Prilosec OTC® Works Prilosec OTC Blocks Heartburn When you eat, millions of tiny pumps in your stomach lining create acid to break down food. Normally your lower esophageal sphincter (LES) works as a door, opening and closing to let food pass from your esophagus HEARTBURN GLOSSARY Esophagus: Tube connecting the mouth to the stomach; a passageway for food; part of the digestive

At the Fence

Search This Blog