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50 Creative Kidpreneur Ideas: A Comprehensive Guide to Kid’s Businesses
When parents encourage their kids to pursue business ideas and new ways to make money on their own, the benefits to the child extend far beyond financial. When we support our kids in their business ventures and help them bring their kidpreneur visions to life, they will learn critical life skills that will positively impact
Donating to Charity: How You Can Improve Your Charitable Giving
A recent survey conducted by a trusted financial institution found that many Americans share concerns that keep them from donating to charity as much as they would like. In fact, the survey determined that as many as two-thirds of American donors would like to be more charitable when it comes to the causes that they
Everything You Ever Wanted to Know About Roth IRA Conversions
According to many financial experts, a Roth IRA is one of the best kinds of retirement accounts. Roth IRAs offer a slew of great benefits, including tax-free income and the benefit of being able to pass tax-free money along to your heirs. Also, due to the Roth IRA’s tax-free benefits, account holders have flexibility regarding
Bonds vs. Stocks: Which is Better?
In the case of Bonds vs Stocks which is better, most young Americans, especially those with growing families, have so much going on in their lives that wealth-building strategies aren’t typically going to take center stage. However, as we always say on this website, it is never too late (or too early) to start planning your
25 Ways for Children to Earn Money
Here in the United States, children cannot legally take their first official job with an employer before they reach the age of 14. However, that does not mean that your child cannot start making money long before that. When a parent works to find ways for children to earn money, they instill essential values and
How to Financially Plan for Your First Home Purchase
When it comes to the purchase of a new home, there is one thing that everyone can agree on; A homebuyer should never purchase more “house” than they can afford. As we have repeatedly mentioned here at Educounting.com, budgeting is crucial in financial planning any major purchase, and buying a home is no exception. However, the
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