How to Create a Budget for Kids and Teens This video explains how to create a budget in a simple, concise way for students & beginners. It could be used by kids & teens to learn about budgeting, or used as a money & personal finance resource by parents and teachers as part of a …
Read MoreHow to Create a Budget in 6 Simple and Effective Steps: For Kids, Teens & Students
I think Actively Managed Mutual Funds are Horrible. There are many reasons for this, and this article will discuss a few important ones. Now, I know you may not agree with me about this, but hear me out, because there are alternatives to these investment funds that many people prefer – and who knows, maybe …
Read MoreActively Managed Mutual Funds are Horrible
Some people think you need a lot of money to invest. You need a good salary, a financial advisor, and hundreds or even thousands of dollars just to start investing. Let me tell you something: They’re wrong. What they say may have once been the case: Where you need a ton of money just to …
Read MoreInvesting with No Money – How YOU Can Do It
One of the best times financially is when you’re in your 20s – you’re likely not married, don’t have a mortgage or other obligations, and your job is probably the least demanding it will ever be. If you take advantage of this time, you’ll be very well off in the future, but if you waste …
Read More5 Money Mistakes to avoid in Your 20s and How to Fix Them
You told me that one of the biggest advantages of a 401k account is the employer match. But can you explain it to me? Employer match means that your employer also contributes money to your 401k account – in addition to the amount you contribute to it yourself. This is essentially like getting free money …
Read MoreWhat is 401k Employer Match or Contribution & Vesting Schedule?
Financial Literacy for Kids is Critical – Here’s Why Did you know? 50% of American households live paycheck to paycheck 44% of Americans don’t have enough cash to cover a $400 emergency expense The average American household’s credit card debt is $5,700 A third of Americans have saved nothing for retirement 80% of Americans’ retirement …
Read More7 Reasons ALL Kids Must Learn Personal Finance: Financial Literacy for Kids & Teens
Howdy Wall St. Willy! Sometime ago we talked about Actively Managed Funds and Passively Managed Funds. But can you tell me some of the differences between them? The main difference between actively managed funds and passively managed funds is their investment philosophy. Which means that the actively managed funds believe that getting returns better than …
Read MoreComparison: Actively Managed Funds vs Passively Managed Funds
Introduction to Diversification for Kids and Teens This video explains the concept of diversification in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about diversifying investments, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy …
Read MoreWhat is Diversification? A Definitive Guide for Kids, Teens & Beginners
Howdy Wall St. Willy! When we talked about investing in stocks, you talked about diversifying among large cap, mid cap and small cap stocks. But, is there any other way of diversifying while investing in stocks? That’s a great question, Sooper Cooper! Another great way to diversify is to invest in different sectors. Sectors?? I …
Read MoreWhat are Sectors? Industry vs Sector for Diversification
Howdy Wall St. Willy! Sometime ago, we talked about asset classes, and when we talked about that, you said something about portfolio rebalancing. But what is portfolio rebalancing anyway? Portfolio rebalancing (or portfolio re-balancing) is buying and selling securities from different asset classes to maintain the asset allocation that’s right for you. Well, when should …
Read MoreWhat is Portfolio Rebalancing?
