Many people instinctively roll their eyes at the thought of getting personal finance tips from rich people. After all, advice like "Buy topaz dog collars instead of diamond ones" doesn't exactly resonate with someone who has to stretch every paycheck to make ends meet. But there are some solid tips from very wealthy people that make sense regardless of your financial situation.
A few weeks ago we gave the introvert crowd a look at how they can use their personality quirks to maximize the effectiveness of their financial decisions, but what about those who might be living life on the louder side?
'Parents do great teaching kids good manners and how to be safe, make their beds and be culturally savvy,' says Mary Hunt, personal finance expert and author of recently released Raising Financially Confident Kids. 'But so very often parents neglect the most important thing of all—to prepare them to be financially astute.' To set your kids up for future financial success and responsibility, she offers the…
Quite often, the “facts” that people tout when it comes to personal finance aren’t quite facts at all. Sometimes they’re just opinions stated with authority, or they’re based on incorrect information or assumptions. Is it any wonder there’s so much confusion when many finance principles are counter-intuitive?