Do you want to get your child’s attention and encourage them to save money? A little basic math will show them how they might become millionaires – if they start investing early. Consider this hypothetical example: A teenager has a part-time job and puts $2,000 of her earnings into a Roth IRA every year starting at age 16 and ending at age 20. Then, she leaves that $8,000 total investment to compound for 47 years at an average rate of 10.7%. Even though no additional money is added to the Read on...
10 Steps to Financial Strength
With the day-to-day pressures you face, it's easy to let your financial life go unattended -- especially if there's money left over at the end of the month. Yet, if you pay just a little more attention to your savings and spending habits, and get clear and specific about your goals, you will find yourself in a position of financial strength. Here are some quick steps you can take that are easy to implement and will get you results fast: Get Organized. An organized household spends less Read on...
Allowance: Your Kids’ First Money Lesson
One of the most important things you can teach your kids is how to handle money because this skill -- and not earning power -- will determine their financial success. Allowance is one way to create many teachable moments. There are many schools of thought on how to approach allowance: give $1 for every year of age or pay a "competitive" wage; use it as payment for chores, or keep it separate from chores. Well here's a way to make your life easier, limit whining, and give your kids the power Read on...
Gift Certificates Available
Give a priceless gift: teach your children, nieces/nephews, or grandchildren to be money wise. Help your loved ones realize the importance of setting goals, budgeting, and mapping out a plan to achieve these goals. Whether they are fresh out of college, getting married, saving for their first home, starting a family, or planning for future college expenses or retirement, Real$martica, Inc. can put them on track. Certificates are issued in hourly increments (one, one-hour session for $80 or Read on...