Category: Financial Literacy for Kids
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Un tax convention could raise $500bn by taxing multinationals where they operate
Countries around the world could boost their annual corporate tax revenues by roughly US$500 billion without raising tax rates simply by changing *where* multinational corporations are required to pay tax. That is the central finding of new research conducted by global union federation Public Services International (PSI) together with the Tax Justice Network, which examines…
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Fed uncertainty after kevin warsh fuels investor unease and market volatility
Investor unease can be traced largely to Kevin Warsh’s comments after the latest FOMC meeting. In his press conference, Warsh made it clear that the central bank’s tolerance for inflation running above its target is fading. At the same time, he pointed out that financial conditions are no longer as loose as they were: rising…
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Professional financial guidance for spouses who see money differently
Professional financial guidance when spouses see money differently Living with a partner who doesn’t share your financial philosophy can turn even simple money decisions into ongoing tension. You might agree on the big picture – wanting security, less debt, and a comfortable future – but completely disagree on how to get there. When that happens,…
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Lease vs buy a car when youre broke and your only car dies far from home
When your only car dies far from home and you depend on it to get to work, the lease‑vs‑buy question stops being theoretical and becomes urgent. In your situation, you’re basically juggling three issues at once: 1. You need transportation immediately so you don’t lose income. 2. Your broken Pontiac is stranded hours away with…
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Can we really afford a more expensive home and when is it truly safe
Can we really afford a more expensive home? Looking at your situation, you and your wife are in a solid starting position, but immediately jumping into a 275-300k country home would be tight and potentially risky unless you plan carefully. Let’s break down your current snapshot and what it means for affordability. — Your current…
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First car on a tight budget for a 27-year-old doctor: how to decide wisely
27-year-old trainee doctor choosing a first car on a tight budget: how to decide wisely You’re 27, earning 55k a month, your wife earns the same, you have a 1‑month‑old baby, health insurance in place, and around 4 lakh you can keep aside as an emergency fund. Your daily commute is about 63 km, with…
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Financial independence for teens: how to prepare them before they move out
Preparing your teen for financial independence before they move out means building real-life skills: tracking income, running a basic budget, handling bank and debit cards safely, understanding taxes and rent, and planning for emergencies. Start 12-24 months before move-out, practice with small amounts, and gradually transfer decisions while you stay as a low-risk safety net.…
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Creative ways to cut monthly bills without feeling deprived and still enjoy life
To cut monthly bills without feeling deprived, focus on painless optimizations: cancel low‑value subscriptions, adopt low-effort habits to lower utilities, plan simple meals, and streamline transport and contracts. Combine these with gentle budgeting strategies to reduce monthly costs and, if needed, small side income so life still feels comfortable and flexible. Immediate Actions That Reduce…
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Age-by-age money lessons: what kids should learn about finances at every stage
Age-by-age money lessons work best when they match how children actually think at each stage. Start with concrete play in preschool, add simple earning and saving in elementary years, formalize allowance and goals in preteens, then move into banking, credit, work income, and finally taxes, loans, and beginner investing for young adults. Core Financial Lessons…
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Investing 101: how to start investing with just $50 a month
Investing $50 a month works when you keep costs low, stay diversified, and automate contributions. Start by defining goals and building a small emergency fund, then use low-cost index funds or ETFs in a tax-advantaged or brokerage account. Stick to a simple allocation, rebalance rarely, and ignore short-term market noise. Core Principles for Investing with…