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Best Work From Home Jobs

Work-from-home jobs have exploded in the past few years, and Americans’ enthusiasm for remote work is still going strong.

Perhaps you are a stay-at-home mother, a carer, or you live far away from a major city, or maybe you live in a place where in-person work opportunities are not available. Many people have chosen to work-from-anywhere, after the pandemic. This blog post provides a list of work-from-home jobs that offer flexibility and opportunities for individuals with various skills and backgrounds.

Email and Meeting Administrator

As an Email and Meeting Administrator, you play a crucial role in supporting busy executives or business owners in managing their schedules effectively. Your primary responsibilities include planning and coordinating meetings, as well as handling email communication on their behalf. Professionals and business owners receive thousands of emails everyday. They cannot manage it on their own and still have the energy and time to run a business. However they cannot afford to lose their reputation not replying to emails. therefore you come in and help them manage emails and replying.

Important you project and are able to protect the privacy of the person you are serving. You can offer to sign Non-disclosure agreements.

Plan and Coordinate Meetings

Utilize your exceptional organizational skills to schedule and organize meetings for executives or business owners.
Coordinate with participants to ensure everyone is available and prepared for the meeting.
Manage calendars and send out meeting invitations, agendas, and follow-up notes.

Open, Read, and Reply Emails

Act as a gatekeeper for busy professionals by screening and managing their emails.
Ensure that important emails are prioritized and responded to in a timely manner.
Compose and send replies on behalf of executives, following their tone and guidelines.

Great Organizational and Enjoy Being Online

Being organized is at the core of your role as an Email and Meeting Administrator. Your ability to multitask, prioritize tasks, and stay on top of deadlines is essential for success in this position. Additionally, your love for being online and navigating digital platforms makes you well-suited for handling email communication and online scheduling tools efficiently.

By excelling in these areas and providing reliable support to busy professionals, you contribute to the smooth functioning of their daily operations and help them focus on their core responsibilities.

Virtual Assistant

Being a virtual assistant involves handling regular office duties remotely, providing essential administrative support, and ensuring the smooth operation of various tasks. This role requires a high level of organizational skills, attention to detail, and proactive communication abilities. Virtual assistants play a crucial role in managing calendars, booking reservations, scheduling meetings, and assisting in various aspects of daily operations.

Handling regular office duties remotely: Virtual assistants are adept at working independently and efficiently managing tasks from a remote location. They handle tasks such as email correspondence, data entry, and documentation with precision and timeliness.
Organizing calendars: One of the key responsibilities of a virtual assistant is to organize and manage calendars effectively. This involves scheduling appointments, setting reminders, and ensuring that the workflow remains streamlined and on track.
Assisting in booking reservations and scheduling meetings: Virtual assistants play a vital role in coordinating appointments, booking travel arrangements, and scheduling meetings on behalf of their clients. Their ability to multitask and handle logistics is essential in this aspect.
Highly organized and proactive individuals thrive in this role: Success as a virtual assistant hinges on being highly organized, detail-oriented, and proactive in anticipating and fulfilling the needs of clients. Those who excel in this role possess excellent time management skills and the ability to prioritize tasks effectively.

Virtual assistants serve as valuable assets to businesses and professionals seeking efficient and reliable administrative support. Their contributions help optimize workflow, improve productivity, and enhance overall operational efficiency.

Tech Support Specialist

As a tech support specialist, you play a crucial role in ensuring smooth operations and resolving technical issues for users. This multifaceted role requires a unique blend of technical expertise and exceptional communication skills to provide effective solutions.

Providing Technical Support and Troubleshooting

One of the primary responsibilities of a tech support specialist is to provide timely and accurate technical assistance to users facing issues with hardware, software, or network connectivity. This involves diagnosing problems, guiding users through step-by-step solutions, and ensuring that issues are resolved efficiently.

Effective troubleshooting skills are essential in identifying the root cause of technical issues and implementing appropriate solutions. Whether it’s troubleshooting software bugs, hardware malfunctions, or network connectivity problems, tech support specialists must have the expertise to address a wide range of technical challenges.

Requires Strong Technical Knowledge and Communication Skills

Being a tech support specialist demands a deep understanding of technologies, systems, and processes. From staying updated on the latest software updates to mastering troubleshooting techniques, continuous learning is key in this dynamic field.

Furthermore, strong communication skills are vital for tech support specialists to effectively communicate complex technical information to users with varying levels of technical proficiency. Clear and concise communication can help users understand the problem at hand and follow troubleshooting steps accurately.

Specializing in Specific Products or Network Support

Some tech support specialists choose to specialize in specific products or services, allowing them to develop advanced expertise in a particular area. Whether it’s becoming a certified expert in a specific software application or focusing on network support for a particular industry, specialization can enhance the value and effectiveness of tech support services.

By tailoring their skills to meet the unique needs of a specific product or network environment, specialists can provide more targeted and efficient technical support, ultimately improving user satisfaction and overall system performance.

Online Tutor

Being an online tutor involves teaching specific skills or subjects through online video conferencing platforms. This role is ideally suited for former teachers or individuals with specialized knowledge in a particular area.

Online tutors play a crucial role in helping students achieve their academic goals by providing personalized and focused learning experiences. They use interactive tools and resources to engage students in virtual classrooms, making the learning process effective and enjoyable.

One of the key attributes of a successful online tutor is a passion for helping others learn. This passion drives them to create dynamic lessons, offer valuable feedback, and provide support to their students whenever needed.

Expertise: Online tutors leverage their expertise in a specific subject to deliver high-quality instruction and guidance to their students.
Flexibility: As online tutors, they can set their own schedules and work from anywhere, providing convenience for both themselves and their students.
Adaptability: Online tutors must be adaptable to different learning styles and use various teaching strategies to cater to the individual needs of each student.

Furthermore, online tutors act as mentors, motivators, and role models for their students, inspiring them to reach their full potential and succeed academically.

By combining their expertise, passion for teaching, and commitment to student success, online tutors play a vital role in shaping the educational journey of learners around the world.

Online Customer Service Representative

Being an Online Customer Service Representative is more than just a job – it’s a vital role in ensuring customer satisfaction and maintaining a positive brand image. This position involves assisting customers with a variety of needs, from placing orders to processing returns and resolving inquiries. To excel in this role, one must possess a unique combination of skills and qualities.

Key Responsibilities:

Assisting customers with order placements to ensure a seamless shopping experience.
Handling return requests efficiently and professionally, aiming to turn negative experiences into positive ones.
Addressing customer inquiries promptly and accurately, providing helpful solutions.

Required Skills and Qualities:

Working as an Online Customer Service Representative requires a specific set of attributes:

Patience: Dealing with diverse customer needs and concerns demands a high level of patience.
Communication Skills: Clear and effective communication is essential for understanding customer issues and providing solutions.
Problem-Solving Abilities: Being able to think on your feet and resolve issues quickly and efficiently is crucial in this role.

Remote Opportunities:

Many reputable big-name companies offer remote positions for Online Customer Service Representatives. This flexibility allows individuals to work from home while still providing exceptional service to customers.

If you possess the necessary skills and are looking for a rewarding customer service role that offers flexibility, then consider pursuing a career as an Online Customer Service Representative with a renowned company.

Social Media Manager

As a Social Media Manager, you play a crucial role in building and maintaining the online presence of clients. Your responsibilities go beyond just handling social media accounts; you are tasked with managing and growing these accounts to increase brand visibility and engagement.

Understanding multiple social media platforms is essential in this role. You should be well-versed in the varying dynamics of each platform and skilled in tailoring content to suit different audiences. Whether it’s crafting compelling tweets, engaging Instagram posts, or informative LinkedIn updates, your ability to navigate these platforms with finesse will set you apart.

Successful social media management requires more than just posting content. User engagement is a key metric in determining the effectiveness of your strategies. Interacting with followers, responding to comments, and fostering a sense of community are vital aspects of the role. Your capacity to build relationships and enhance user experience will contribute significantly to the growth of the accounts you manage.

Creating content is at the core of what you do. From brainstorming ideas to executing campaigns, your creativity drives the online narrative of the brands you work with. Additionally, having strong organizational skills is essential for scheduling posts effectively. Consistency in posting and strategic timing are essential in maximizing reach and engagement.

In summary, as a Social Media Manager, you are at the forefront of digital marketing efforts. Your ability to manage accounts, engage users, create compelling content, and schedule posts efficiently will propel your clients towards online success.

Writer

Being a freelance writer opens up a world of opportunities to showcase your writing skills on various topics for different clients. It’s a dynamic and exciting field that offers the freedom to work on diverse projects according to your interests and expertise.

Freelance writing on various topics for clients: As a writer, you have the chance to explore a wide range of subjects and industries. From technology and lifestyle to health and finance, the possibilities are endless. This diversity allows you to constantly learn and grow as you delve into new topics and research methodologies.
Flexible working hours and deadlines: One of the major advantages of freelance writing is the flexibility it offers. You can choose when and where you work, making it easier to maintain a work-life balance. While deadlines are crucial in this profession, you have the freedom to manage your time efficiently and deliver high-quality content within the specified timeframe.
Requires writing talent and experience in the field: To excel as a freelance writer, you need more than just good grammar and punctuation skills. Writing talent, creativity, and the ability to adapt your style to different audiences are essential. Experience in the field helps you understand client expectations better and allows you to provide tailored content that meets their requirements.

Embrace the challenges and rewards of freelance writing as you embark on this journey filled with endless possibilities and constant growth.

Accountant/Bookkeeper

As an accountant or bookkeeper, your role involves managing financial records, budgets, and taxes for individuals or organizations. This position requires a strong attention to detail and a passion for working with numbers.

One of the key responsibilities of an accountant or bookkeeper is to maintain accurate and up-to-date financial records. This includes recording income and expenses, tracking accounts payable and accounts receivable, and preparing financial statements.

Being familiar with corporation law and tax law is an added bonus. OFten you have to add up sales tax for example and know what to include in filing taxes. meticulous and detail-oriented is crucial in this role to ensure that all numbers are accurate and that any discrepancies are promptly addressed. A love for numbers and math is a must-have quality for anyone pursuing a career in accounting or bookkeeping.

Another interesting aspect of this profession is the availability of remote positions. With the advancement of technology, many companies now offer opportunities for accountants and bookkeepers to work from home. This flexibility allows professionals to handle financial tasks from anywhere in the world, providing a perfect work-life balance.

In conclusion, working as an accountant or bookkeeper requires a combination of technical skills, attention to detail, and a passion for numbers. Whether you prefer working in an office environment or remotely, there are plenty of opportunities available for individuals with a knack for managing financial records.

Video Editor

Are you passionate about turning raw video footage into captivating and professional content? If so, a career as a video editor might be just the right fit for you. This dynamic role offers a range of exciting opportunities for individuals with non background but passionate about film or audio-visual production. You can learn this skill online through youtube or Masterclass.com

Editing Expertise

As a video editor, your primary focus will be on editing raw video footage to create polished and engaging content. Whether you are working on short films, advertisements, corporate videos, or social media content, your creative vision and technical skills will be essential in transforming raw material into compelling visual stories.

Flexible Schedule and Project Variety

One of the key perks of being a video editor is the flexibility it offers. With the ability to work on multiple projects simultaneously, you can enjoy a diverse workload and the opportunity to collaborate with different clients and creative teams. This variety not only keeps the work exciting but also allows you to expand your skills and portfolio.

Ideal for Creative Individuals

If you have a passion for watching youtube and tiktok non-stop, this job may be perfect for you. You are tasked with adding sounds, removing scenes that are too long, cutting out scenes, shortening a long story, blurring a certain person for privacy, basically a keen eye for detail, a career as a video editor is ideal for you. Beyond Adobe, there are now many apps you can download that are extremely user friendly. You can edit using these apps. Application such as Inshot, Capcut allow beginners to get into the game.

Individuals with a background in film production, audio-visual arts, or multimedia studies will find that their skills are perfectly suited to this role. By leveraging your creativity and technical expertise, you can carve out a rewarding career in the ever-evolving world of video editing.

Mental Health Support Person

As a mental health support person, you are dedicated to helping individuals navigate their mental wellness journey with compassion and understanding. Through leading virtual mental wellness classes and engaging in one-on-one chats, you provide a safe space for individuals to express their thoughts and emotions openly. Are you a psychology graduate, unemployed?

Leading Virtual Mental Wellness Classes: I conduct virtual mental wellness classes to educate individuals on the importance of mental health and provide practical tools to enhance their overall well-being. These classes create a supportive community where individuals can share their experiences and learn from one another.
Passionate About Mental Health and Listening: My passion for mental health drives me to actively listen to individuals’ concerns and provide non-judgmental listening. You believe in the power of listening as a tool for healing and strive to create a space where individuals feel heard and valued.
No Need to Go to a Wellness Clinic, Work from Home: In today’s fast-paced world, taking care of mental health should not be a hassle. With the convenience of virtual sessions, individuals can seek support from the comfort of their homes without the need to visit a wellness clinic. This flexibility allows individuals to prioritize their well-being while managing other responsibilities.
Many people subscribed to youtube, tiktok as well as on patreon, just to interact with their favorite person because everyone is online and lonely.
The key to success here is to be consistent.

Together, we can work towards building a healthier mindset and establishing sustainable practices that promote mental well-being. Whether you are looking to improve your coping skills, manage stress levels, or simply seek a listening ear, I am here to support you on your mental health journey.

How to be successful at nailing your first work-at-home job?

Step 1: Tell everyone around you and join online groups, are looking for work and ask for referrals. Work from home only works if you have met someone and is a warm referrals. Rarely someone is hired just online. Referrals, referrals, referrals. Ask and you shall receive. Most work even online ones are referred. Never underestimate the value of an acquaintance, anyone could be your next referral. Be on time with them, be polite even the walmart cashier or your barrista, your child’s playground friends and their parents.

Step 2: Start small, earn your first $100. Do a few pieces of work for free and use a website to showcase these work.

Step 3. Go on websites like Fiverr or Upwork as a way to host your portfolio but be an in-persona walking advertisement. You buy a cup of coffee, chat with the barrista and hand out a good old namecard.

Step 4: Never give up. Ask for feedback if you never heard back from an employer

Step 5: Is easier to be hired if you are a independent contractor and file a 1099-MISC (you can asked to be hired on full time role later on)
Lee Nagel

When is too good to be true?

When searching for work-from-home opportunities, unfortunately there are too many scams. Very rarely someone would hire you online “cold”, meaning you are not referred by someone. Therefore it is important you network in person. It’s crucial to be vigilant and aware of potential scams. Here are some key tips to help you identify and avoid falling victim to job scams:

1. Be cautious of job listings that sound too good to be true

One common red flag is job listings that promise high pay for little to no work or experience. If an opportunity sounds too good to be true, it likely is. Legitimate work or employers do not typically offer extravagant pay for minimal effort.

2. Research the hiring person or company and check for complaints or scam reports

Before committing to any work-from-home contract or job, take the time to thoroughly research the hiring person or company. Look for reviews, complaints, or scam reports online to ensure their legitimacy. Trust your instincts and avoid opportunities with negative feedback.

3. Delete job listings that require upfront payment or investment

Legitimate employers or job listing do not ask job seekers to pay for job opportunities. Be wary of any job listing that requires you to invest money upfront for training, materials, or equipment. This is a common tactic used by scammers to exploit individuals seeking remote work. If that’s the case, block the email, delete the person.

By staying cautious and informed, you can protect yourself from work-from-home job scams and find legitimate opportunities that align with your skills and expertise.

Conclusion

Considering work-from-home jobs for their flexibility and skill-building opportunities is a smart choice in today’s digital age. These jobs not only offer the freedom to work from anywhere but also allow individuals to explore various skill sets. This is your window to staying at home and earning a good income.

However, before fully committing to a work-from-home job, it’s crucial to factor in lifestyle considerations. Assessing whether the remote work lifestyle aligns with your preferences, work habits, and personal life is essential for long-term satisfaction.

To determine if a work-from-home job is the right fit for you, it’s advisable to give it a trial period. This hands-on experience will help you gauge your productivity, comfort level, and overall job satisfaction while working remotely.

Work-from-anywhere, work-from-home jobs provide flexibility and skill enhancement opportunities. A job will also improve your confidence.

Remember there is no job that is “beyond your capability”, start somewhere, start small.

Consider your lifestyle preferences before committing to remote work, and try out a work-from-home job to evaluate its suitability for you.

So how do rich people save on tax? What is Roth IRA? 401K?

Roth IRA: What is it and How to Open One

A Roth IRA is a retirement savings account that allows you to save for retirement on a tax-advantaged basis. It is named after Senator William Roth, who introduced the Roth IRA in 1997. The Roth IRA offers several advantages over traditional retirement accounts, such as 401(k)s and traditional IRAs.

The main advantage of a Roth IRA is that contributions are made with after-tax dollars, meaning that you don’t get a tax deduction for your contributions. However, the money grows tax-free and withdrawals in retirement are also tax-free. This means that you can potentially save more money in the long run by taking advantage of the tax-free growth and withdrawals.

Another advantage of a Roth IRA is that you can withdraw your contributions at any time without penalty. This makes it a great option for those who may need access to their money in the short-term.

Finally, Roth IRAs have no required minimum distributions (RMDs). This means that you can leave your money in the account as long as you want and don’t have to worry about taking out money when you reach a certain age.

If you’re interested in opening a Roth IRA, the process is fairly simple. You’ll need to open an account with a financial institution, such as a bank or brokerage firm. You’ll then need to make contributions to the account. The maximum contribution for 2020 is $6,000 ($7,000 if you’re over 50).

Once you’ve opened the account and made your contributions, you’ll need to decide how to invest the money. You can choose from a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Difference Between 401K and Roth IRA

The main difference between a 401(k) and a Roth IRA is the way contributions are taxed. Contributions to a 401(k) are made with pre-tax dollars, meaning that you get a tax deduction for your contributions. However, withdrawals in retirement are taxed as ordinary income.

In contrast, contributions to a Roth IRA are made with after-tax dollars, meaning that you don’t get a tax deduction for your contributions. However, withdrawals in retirement are tax-free.

Another difference is that 401(k)s have required minimum distributions (RMDs) that must be taken when you reach a certain age. Roth IRAs do not have RMDs, so you can leave your money in the account as long as you want.

Finally, 401(k)s typically have higher contribution limits than Roth IRAs. For 2020, the maximum contribution for a 401(k) is $19,500 ($26,000 if you’re over 50). The maximum contribution for a Roth IRA is $6,000 ($7,000 if you’re over 50).

Saving for Optimal Tax

When it comes to saving for retirement, it’s important to consider the tax implications of your investments. Different types of retirement accounts offer different tax advantages, so it’s important to understand the differences and choose the account that best fits your needs.

For example, if you’re looking for a tax-advantaged way to save for retirement, a Roth IRA may be a good option. Contributions are made with after-tax dollars, meaning that you don’t get a tax deduction for your contributions. However, the money grows tax-free and withdrawals in retirement are also tax-free.

On the other hand, if you’re looking for a way to get a tax deduction for your contributions, a traditional IRA or 401(k) may be a better option. Contributions to these accounts are made with pre-tax dollars, meaning that you get a tax deduction for your contributions. However, withdrawals in retirement are taxed as ordinary income.

It’s important to consider your individual situation when deciding which type of retirement account is best for you. Talk to a financial advisor to get personalized advice on how to save for retirement in the most tax-efficient way.

My name is Lee, I write about personal finance, and coach people on how to save, be smart with their money and get out of debt.

How your money trauma started at childhood?

How early education about money for children is so important.

Early experiences and beliefs about money can have a significant impact on their financial outcomes in adulthood. Your early experiences about money is crucial in forming who you are, your money personality and what has happened to you so far. Children’s understanding of money and financial management is greatly influenced by the people around them, particularly their parents. This blog post explores the importance of starting early and having open conversations about money with children, as well as providing practical tips for teaching healthy money habits.

Children Learn from Those Around Them
Children rely on the people around them, especially their parents, to learn how to interact with money. They observe the attitudes, mindsets, and behaviors of their loved ones, which shape their own beliefs and behaviors regarding money.

Parents are the biggest influence in a child’s life, and this extends to their financial education as well. From an early age, children are like sponges, absorbing information and behaviors from their environment. They watch how their parents earn, spend, save, and invest money, and they internalize these actions as the norm.

It is crucial for parents to be mindful of their own relationship with money, as their attitudes and behaviors directly impact their children’s financial development.

First and foremost, parents need to have a healthy mindset around money. If parents constantly stress over finances, argue about money matters, or display excessive materialism, children will pick up on these negative associations. On the other hand, if parents demonstrate responsible financial habits, such as budgeting, saving for the future, and donating to charitable causes, children will learn to adopt these positive behaviors.

Parents should also involve children in age-appropriate discussions about money. This could range from simple conversations about the concept of money and its uses to more complex discussions about budgeting, saving, and investing. By including children in these discussions, parents not only provide them with practical knowledge but also show them that money matters are important and worthy of attention.

Furthermore, parents can encourage their children to make financial decisions from a young age. For example, parents can give children a small allowance and teach them how to make choices about what to spend or save. This hands-on experience allows children to understand the consequences of their decisions and start building their financial literacy.

In addition to parental guidance, children also learn from other significant adults in their lives, such as grandparents, teachers, and mentors. These individuals play a crucial role in shaping a child’s financial mindset and behaviors. Their influence can provide a broader perspective and introduce different approaches to managing money.
It is important to note that children not only learn positive financial habits from those around them but also negative ones. If they witness irresponsible spending habits, excessive debt, or a disregard for financial responsibility, they may internalize these behaviors as well. Hence, it is crucial for parents and other influential adults to model responsible financial behaviors consistently.

In conclusion, children learn how to interact with money by observing and imitating the attitudes, mindsets, and behaviors of those around them, especially their parents. It is crucial for parents and other influential adults to be mindful of their own financial habits and effectively transmit positive values and behaviors to the next generation. By promoting responsible financial behaviors from an early age, we can equip children with the necessary skills and mindset to make informed financial decisions in the future.

The Impact of Early Experiences
Early experiences and beliefs around money can have long-lasting effects on individuals. Our experiences during childhood shape our perspectives and behaviors, and this holds true for our relationship with money as well. The way we see money, how we handle it, and our beliefs about it are often deeply rooted in the experiences we had while growing up.

For some individuals, early experiences with money may have been positive and nurturing. They may have grown up in households where financial stability and prudent money management were valued. Such individuals are likely to have a healthy attitude towards money, seeing it as a tool for achieving their goals and financial security.
However, not everyone has had the privilege of growing up in financially stable and supportive environments. Many individuals have faced challenging circumstances with regards to money, such as parental financial struggles, debt, or lack of access to resources. These early experiences can have a profound impact on their financial psychology.

One common effect of challenging early experiences with money is the feeling of shame. Individuals who grew up in financially stressful households or witnessed their parents’ financial struggles may internalize the belief that they are somehow responsible for their family’s financial situation. This sense of shame can persist into adulthood and affect their financial decision-making, often leading to avoidance or impulsive behavior.

Anxiety around money is another common consequence of early experiences. Financial insecurity during childhood, such as living in poverty or witnessing parental anxiety about money, can create a deep-rooted fear of scarcity and instability. This anxiety may manifest as a constant worry about not having enough money, even in situations where there is no objective need for concern.

Difficulty with financial management is yet another effect of early experiences. If individuals did not receive proper financial education or guidance during their formative years, they may lack the necessary skills and knowledge to effectively manage money. This can lead to ongoing financial struggles, such as living paycheck to paycheck or accumulating debt.

To overcome the negative impact of early experiences, it is essential to understand and reflect on our family patterns and beliefs around money. Taking the time to explore and analyze our financial upbringing can help us identify any unhealthy patterns or limiting beliefs we may have developed. By doing so, we can actively work towards changing our mindset and behavior, ultimately improving our financial well-being.
Seeking guidance from financial professionals or engaging in financial education programs can also be beneficial. These resources can help individuals acquire the necessary knowledge and skills to better manage their finances and overcome any negative effects of their early experiences.

In conclusion, early experiences and beliefs around money have a significant impact on individuals’ financial psychology. The effects can manifest as shame, anxiety, and difficulties with financial management. By understanding our family patterns and beliefs and seeking support when needed, we can reconcile our own financial psychology and create a healthier and more prosperous relationship with money.

Starting Early and Talking Often
Your parents played a critical role in your money personality. You probably cannot go back and change that. But now if you are a significant person to a child or a parent, you can do something about it. Parents play a crucial role in shaping their children’s financial future. It is never too early to start talking to children about personal financial decisions. By starting early and having ongoing conversations about money, parents can instill important financial habits and values in their children from a young age.

One of the key reasons to start talking to children about personal finance early on is to teach them the value of money. By introducing basic concepts such as saving, budgeting, and spending wisely, parents can set a strong foundation for their children’s financial literacy. Starting these conversations at a young age allows children to develop a healthy relationship with money and understand its role in their lives.
Gradually introducing more complex financial topics as children grow older is essential. As children mature, parents can discuss concepts like credit, investing, and financial goals. By progressively building on their knowledge, children can develop a deeper understanding of personal finance and learn how to make informed decisions about money.
It is important for parents to let children digest information and not overwhelm them with financial details. Breaking down complex concepts into simpler terms and using real-life examples can make it easier for children to grasp the concepts. Making money conversations interactive and engaging can also help children stay interested and motivated to learn.

One effective way to talk to children about personal finance is by involving them in financial decisions and giving them hands-on experience. This can include letting them make small purchasing decisions, helping them create a budget for their allowance, or encouraging them to save for a specific goal. By involving children in these experiences, parents can teach important financial skills while empowering children to take ownership of their own money.

Additionally, parents should lead by example when it comes to personal finance. Showing children responsible money management and discussing financial choices openly can reinforce the lessons they learn through conversations. Parents can also share their own experiences, both successes, and challenges, which can help children understand the importance of financial responsibility.
By starting early and talking often about personal finance, parents can equip their children with the knowledge and skills they need to make sound financial decisions throughout their lives. These conversations are an investment in their children’s future financial well-being and can help them navigate the complex world of money with confidence.

Making Money Lessons Visual and Concrete
When it comes to teaching children about money, it’s important to make the lessons visual and concrete. The concepts of earning, saving, and spending money can sometimes be abstract for young minds. By using visual aids and real-life examples, we can help children understand and engage with money in a more meaningful way.
One effective method is to introduce the concept of money through play. Use pretend money, such as play coins and bills, to create scenarios where children can practice earning and spending. Set up a pretend store or have them role-play as shopkeepers or customers. This hands-on experience can make the abstract idea of money more tangible and relatable.

Another strategy is to involve children in real-life money transactions. Take them to the grocery store and let them help with shopping. Teach them to compare prices, look for deals, and make informed choices. Show them how to pay at the cash register and understand the change received. By involving them in these experiences, children will learn the value of money and the importance of making wise financial decisions.

Emotional Intelligence and Money
Money is not just about numbers and transactions; it is deeply intertwined with our emotions. Teaching children about emotional intelligence in relation to money is crucial to their financial well-being.
Help children identify and understand their feelings around money. Discuss the emotions they experience when they receive money, save money, or have to spend money. Encourage open conversations about their wants and needs, and how those desires can sometimes create emotional conflicts when it comes to making financial choices.
It’s important to teach children multiple resources for dealing with emotions and money. Teach them healthy coping strategies such as setting financial goals, practicing gratitude for what they have, and distinguishing between needs and wants. By equipping children with emotional intelligence skills, they will be better equipped to make sound financial decisions that align with their values and long-term goals.

Progressive Educational Moments
As children grow older, their understanding of money should evolve as well. Educational moments should progress, covering more complex topics as they mature.

Introduce the idea of negotiating salaries to older children. Teach them the importance of advocating for fair compensation and providing skills to help them negotiate effectively. This empowers them to recognize their worth and seek equitable opportunities in the workplace.

Reading paychecks is another important skill to teach. Show older children how to understand the various components of a paycheck, including deductions and taxes. Help them grasp the concept of budgeting by showing them how to allocate their income for different purposes, such as savings, bills, and discretionary spending.
By gradually expanding their knowledge and skills in financial matters, we can prepare children for the realities of managing money in adulthood. Teaching healthy money habits from an early age will set them on a path towards financial security and independence.
The Importance of Even Financially Well-off ChildrenEven if parents believe their children are financially well-off, it is still important to have money conversations and experiences with them. These conversations provide opportunities to express family values and teach children about the broader implications of money.

When children come from financially comfortable backgrounds, it can be easy for parents to assume that they do not need to teach them about money. After all, they may have access to resources and opportunities that other children do not have. However, this assumption can be a missed opportunity to instill important values and life skills in children.

Having money conversations with children, even if they seem financially well-off, is crucial for several reasons. Firstly, wealth can be fleeting, and it is important for children to understand that financial stability is not guaranteed. By having conversations about money, parents can help children develop a healthy mindset towards finances and make informed decisions.

Additionally, money conversations provide an excellent opportunity for parents to express their family values. By discussing their financial choices and priorities, parents can show their children what they value most in life and how money aligns with those values. This can help children develop a sense of purpose and a deeper understanding of how money can be used to create a meaningful and fulfilling life.
Money conversations also allow parents to teach children about the broader implications of money. It is important for children to understand that money is not just a means to acquire material possessions but also a tool to bring about positive change in the world. By discussing philanthropy, social responsibility, and the impact of financial decisions, parents can raise socially conscious children who are aware of the power and responsibilities that come with financial well-being.

However, money conversations alone may not be enough. It is also crucial for parents to provide their children with experiences that expose them to various financial situations. These experiences can range from volunteering opportunities to budgeting exercises and even starting small businesses. By engaging children in hands-on experiences, parents can help them develop practical skills and a deeper understanding of money management.
In conclusion, even if children are financially well-off, it is still important for parents to have money conversations and experiences with them. These interactions provide opportunities to instill core values, teach important life skills, and raise socially conscious individuals. By equipping children with a healthy mindset and practical knowledge about money, parents can set their children up for long-term financial success and a fulfilling life.

Conclusion
Our money habits and ideas were formed when we were children. Unfortunately, many people enter adulthood without a solid understanding of how to effectively manage their finances.

By understanding the impact of early experiences, teaching practical skills, and providing ongoing guidance, we can better understand our money habits. And as parents, we can help set the children up for financial success in adulthood. Starting early and talking about money often is key to helping children develop healthy money habits.

Money management is a critical skill that everyone needs in order to thrive in today’s society. Unfortunately this is seldom formally taught in school or at home. This can lead to a lifetime of financial struggles and stress. As a parent, it is your your chance now to change what has happened to you, and to teach your children about money from a young age. By starting early, you can instill in them the importance of saving, budgeting, and making wise financial decisions. By talking about money often, you can ensure that your children have a solid understanding of financial concepts and are equipped to navigate the complexities of the financial world.

Early experiences play a crucial role in shaping a person’s financial mindset. Children learn by observing their parents’ financial behaviors and attitudes. If they see their parents making smart financial choices and practicing responsible money management, they are more likely to adopt these habits themselves.

Teaching practical skills is also essential for helping children develop healthy money habits. This includes teaching them about basic financial concepts such as budgeting, saving, and investing. It also involves teaching them practical skills such as how to balance a checkbook, how to use credit responsibly, and how to avoid debt.
Providing ongoing guidance is crucial for ensuring that the lessons you teach your children about money stick with them into adulthood. Money management skills need to be reinforced regularly and adapted to the changing financial landscape. This can be achieved through regular conversations about money, setting financial goals together, and helping your children develop good financial habits.
By starting early, talking about money often, and providing ongoing guidance, parents can set their children up for financial success in adulthood. They can help them develop the necessary skills and habits to make informed financial decisions, avoid debt, and build a secure financial future.

It is never too early to start teaching your children about money. The earlier you begin, the better prepared they will be to face the financial challenges of adulthood. So don’t wait, start the conversation today and give your children the tools they need to achieve financial success.

How to start educating your adult children on financial literacy?

As a financial literacy influencer, I believe it’s never too early to start teaching our children about money matters, including the responsible use of credit, building up a good FICO Score. With many adults in the United States falling into debt and credit card problems, it’s important that we equip our children with the knowledge and skills they need to make informed financial decisions.

The very first step in teaching children about money is to give them a basic understanding of its value. Let them earn an allowance by doing chores and make purchases that they will have to save for over time. Allow them to interact with money, handling, counting and making small purchases to give them the feel of its importance. By doing so, children learn to appreciate the value of money and how it can be used for saving, spending, and giving.

Parents are responsible for setting a good example when it comes to financial management. They should lead by example if they want to instill good money habits in their children. One way is to openly discuss what they are doing with their own finances in front of their children without making them feel guilty or ashamed. Admitting that there are financial struggles and explaining the steps taken to alleviate financial stress can help children understand the importance of good money management and the secret workings of being adult.

Teaching the basics of credit can be challenging for parents, especially when sometimes we may be unaware of how credit works themselves. Considering how complicated terms and conditions as reported by 60 minutes, even the most intelligent among us finds it hard to understand rates. For example, a credit card company is allowed to change and increase the interest rates charged on your carrying balance after you signed up, and it is totally legal. A bad decision to cancel a credit card or forgetting to pay a balance can hurt one’s FICO score and make it very expensive later on to get a mortgage.

Credit cards are ubiquitous, and the concept of FICO Score, credit card points collection, using cash instead of credit, the concept of borrowing money can be difficult to grasp for a child. How can we help them have a balanced financial outlook? A good initial step is to help children understand what is FICO Score, purpose of starting and maintaining a good credit score. Also credit cards are not free money, but rather a tool that allows you to borrow money that is to be paid back at a determined period. A good way to explain this concept is by stating that for every purchase, a promise is also taken by the cardholder, that it will be paid back in full, with interest that accrues over time. If they have siblings or friends, two friends can each play the role of a bank issuing credit and another receiving credit and using it.

It’s also important to teach children about credit card interest rates and how carrying a balance can add more debt over time. Inform them that a credit card can be useful for emergencies and planned purchases, points but should be paid back as soon as possible to avoid steep interest rates. Help them choose wisely when considering a bank account, maybe helping them compare options and educate them on fees that a credit card may have while also explaining the benefits of building credit early on.

Lastly, teaching children about money management is not a one time event but a consistent effort, an ongoing process. Encourage your kids to ask questions about money and credit and explain complex ideas such as saving, budgeting, and investing. These life skills can be introduced to kids at any age and they can develop further as they grow older. Having regular discussions about finance and credit with your children can help instill good habits and set them up to be financially sound adults.

In conclusion, teaching children about financial literacy, the responsible use of credit cards, and money management starts with understanding the power tool of money. Like a kitchen knife, it can be used to prepare delicious meals or cut someone. As parents, we should give examples of how we are managing credit, our way of buying things, involve children in discussing family finances. Teaching children that credit is not a free handout and that interest rates can add up quickly is essential.

Encourage them to ask questions, make mistakes about money and make it a goal to continue to help them build their financial literacy skills throughout their childhood and into their adult years. Read books and take courses together on money. I find playing the game Rich Dad Poor Dad Board Game on Rat Race helps understand concept of credit and money.

By doing so, we can set our children up for a better chance getting a mortgage without paying higher interest rates, a more stable and prosperous future, free from unnecessary debt and financial stress.

I am curious to know what you have done? how you are dealing with the topic of money. And if you have adult children, how did you help them understand money and become successful? Share with me your advice especially if your kids are already successful adults. I like to hear from you.

If you like what I wrote, I encourage you to visit my channel on TikTok “iwantyoutoberich” or YouTube to subscribe for more on financial literacy.

How to start spending less

Have you realized everything is starting to feel like a little more expensive and you are easily swiping your card for $100 just for a quick grocery run?

You are not alone. This Summer, we are going to talk about how to slow down spending in order to keep food on the table and pay rent.

Unlike the times in 1990s, 2023 is a year where you can easily pay and spend using Venmo, PayPal, Apple Pay or just tap your Visa card for a cup of Starbucks. Saving and not spending has never been more difficult. With the pandemic over, I find myself running outside and taking every opportunity to do revenge get-together, restaurant eats, travel, shopping. When I looked at my credit card bill, I was totally shocked.

So how can you spend less? And maybe in that process, save more?

I started by

1. PLAN
Planning what to buy before going for grocery or shopping. I wrote down my budget, the item I am looking for and texted it to myself. You see, I get an adrenaline rush from just buying things.

2. Eat before shopping. make sure I have eaten a full meal, and am not hungry when I go out for grocery or shopping. Research shows that we do more impulsive buying when we are hungry.

3. Make it harder to shop online. I slow down my spending by deleting automatic payment options on my shopping app.

4. I stash a bunch of cash and decide what I will spend on by using cash wallet. Touching, holding on to real cash and spending it helps me keep things in check.

5. I journal and let out all my emotions. I notice I do emotional spending. I spend to feel good about myself or something. I now practice thinking about my money, before spending. I also talk to my wallet.

6. I read up on money tips, money management and investment. I have also invested in taking up a course on my personality and understanding how I can improve my life. What about you?

I am curious to know what are some of the ways you have spent less, and spend slowly?

How to talk about money this holiday?

This holiday, you may probably meeting people, families and the opportunity to bring up topics that you may need but not want to take on – Money.

For example, do you have friends that have a lifestyle that you can no longer keep up with but you like to keep them as friends? Perhaps they are all single, and recently you just have a new baby or child in your life that you need to support? Or did you just lose your job in the recent tech retrenchment and can no longer afford or doesn’t want the fancy dinners?

Talking about money is awkward, especially when it is with friends or family.

Here’s some tips about it.

Tip 1

Start off by getting things off your chest by talking to a non-risky person, for example, a taxi driver, a stranger. This helps you get your thoughts organized and also maybe the stranger may offer you some insights. Sometimes it also helps the person simply listened to you. You can also talk to your therapist about the topic of money you have.

Tip 2

Choose the place and time to talk to this person. Maybe it is a family reunion you are going to be at. There is never the perfect time but make sure you let this person know you want to talk so this person make time and space for it.

Tip 3

Start off by listening and be non judging about the other person talking. This is so that the other person gets to talk as much as possible. Money is an emotional subject. Even if you don’t agree with what the other person has to say, keep a neutral facial expression, and continue to be an active listener. Money habits cannot be easily changed. The way a person buys things, treats things and continuously buy things is a relationship acquired from a very young age, deeply ingrained. You cannot change this person simply through an argument.

Tip 4

Think about who can help. If your sibling is constantly getting into financial mayhem, you might want to think of a money coach, online program or budgeting books to start the pace and later make it easier to get into the difficult conversation. Sometimes these books, online programs make it less shameful for the sibling to talk about their money issues. You also address the root cause of money issues.

Tip 5

This is probably not the first time or the last time this person is in financial trouble. You see, the part about money, how to live, buy things, save was never taught in school. Many people grow up with a hole in their hearts and many fall prey to advertising and buying more than they should. Therefore, think of something more long term, more beneficial than just lending this person money. Understand that the risk of having a money conversation. This person may never speak to you again, and may avoid you after this conversation about money. They may brand you as “busybody”, “too rude”. However if you are not intentional about your money, and talk about it, you can get into trouble easily.

Tip 6

Try to understand this person’s view about money and what are his or her values?

Avoiding and not communicating about money can hurt those you loved the most. It is vital to know where your siblings stand in terms of money

Here’s some lines

I recently came across a book about personal finance and been reading about it. You mentioned sometime back you are behind on your credit cards, I like to know more about how you are dealing with it. Any advice on how to use these credit cards I can use?

What does money bring you?

Are you confident managing money? What are some of your proudest moments regarding your own money?

Are you open to talk about money?

To friends who are going out for dinner. “I understand we normally go to these restaurants for dinners. Recently I have a baby, and I like to know if you are open to ideas of having dinner at my place instead of dining out? This will make it easier for me to keep to my budget. What are your thoughts?”

Tell me how you have been dealing with money and how you talk to your family about money this holiday season?

Investing can be like going to the casino

Investing can be word that cause fear in many people. People like my uncle, who lost his life time of saving. The stock market lures you in like casino if you don’t follow good principles in investing. On the other hand, people who think they know investing but failed to do sufficient audit on their own emotions fail too at this game of investing. Lastly, I share about how young adults now do more than the previous generation in understanding money and finally there is a new pool of people who work hard at sourcing information about money, investing and a better outcome in life with money.

Let me share three stories about investing with you today. And let’s talk about the thing that is seldom talked about – people losing their money in the stock market. A lot of it. How? And what do you do?

Investing can be like a casino if you don’t follow good principles of investing. We all are susceptible to our ego, an urge to prove how smart we are and the adrenaline of winning. And we all have one relative we know of who is entirely fearful of investing and this fear came from somewhere. My uncle and his fear of investing is the first story I want to share with you. You see my Uncle is a conservative man, he worked for the government, wanted to play it safe, seldom or never upgraded his skills. He believed the government is going to take care of him and boy was he wrong. He started investing or shall I say gambling like many others, through his retail bank. His retail bank helped him open a brokerage account. It was easy. There was no need for additional financial checks or identity submissions. It was a click, some questions and viola, he has his account. Because my Uncle seldom read, or want to learn about finance, he has little knowledge of the stock market. He went into the stock market like he went into Walmart. Thinking he can buy stocks cheap and hit it rich. Unfortunately for him, like many retail investors, esp. those termed mum and pop investors, he didn’t understand what are penny stocks, what is volume risk, what is bluechip and what’s long term versus short term risk, what’s small cap risk and returns. You see my Uncle felt a great deal of adrenaline when he went into the stock market with his savings and hard-earned money. His early success and profits in trading in and out, made him plough in even more of his savings. Like everything in stock market, the party ended when recession hits, which we know always come. He decide to panic sell, and made a huge loss. He swore off stock market as a way institutions cheated his money and that stocks are all bad.

I wished my Uncle and many others would read up, research and understand many aspect of investing. For example, what is risk and return, and the difference between buying a small cap company versus a big cap company. I wished someone would teach him how to check if a company is set up in Bermudas and how different is that from a company registered locally in united states. I also wished someone would just tell him to check on the auditors on the company he invested because in the end, the company he invested flopped and my uncle not only lost all his savings but lived with a life long shame of losing his money. Information are everywhere now, I wonder why such basic help is not made available to people like my uncle.

Another story is about my friend who was in finance. Obviously because of his background, I expected him to have very sound financial knowledge of investing. Wrong. And very wrong. You see, they teach finance, ratios and price per earnings, mathematical modeling and everything complex you can think of. But I noticed in my finance syllabus, they never taught you what human emotions are involved in investing, how to analyze the best investors and keep to a good investing habit. They did not teach finance graduates how to read up on short sellers, who “game” the system and often lead to huge waves of price change to the stock, and panic. They did not teach finance student like my friend, what losing a lot of money meant for mental health. Perhaps these colleges never taught enough of how experts and gurus who invested long term, has very good discipline and did not let greed of higher returns overcome them. Maybe if they have taught my friend, How to research investment habits based on giants who have continuously returned a profit in the stock markets over 30 years, he wouldn’t have attempted to take his life, lost his marriage. (Yes, there are people who make a living investing in stocks and consistently made a profit). So I know there are many men in their 30s and 40s out there, gambling ferociously with their money, feeding their ego when they win and like my friend, some are going to end badly. I started this blog and course to help people similar to my friend.

The last story I would like to share with you is one about my friend, who is much younger than most of the people I mentioned. She is just 19. But like many of her peers nowadays, she is already looking into FIRE movement, learning about personal finance in bits and pieces. In fact, many young adults nowadays are very quick to learn about money, how they can understand the system of study hard, graduate and find meaningful work. Many young adults, are even doing real life projects on money and spending. So you see, personal finance education is catching on because this new generation saw how hard their parents worked, for a mortgage, paid their taxes, car loans and didn’t take vacations. They know if they master their money, they have a chance at mastering their destiny. They start little investment clubs to talk and analyze about stocks, starting with the places they know, like Walmart, Costco, Apple, Amazon, Dairy Queen.

I hope my stories helped you understand that investing can be fun. I also hope you will go out there, take some courses even if you are not taking ones I am offering, take any courses to learn more about money, stock market before you start investing. Investing can feel a lot like gambling if you are not careful, it lures you in with adrenaline when you make money like a casino. And last of all, you do need not be a fearful of the subject investing, if you approach it with the right attitude.

Putting your money in fixed deposit hurts those who doesn’t earn a lot because inflation and the lost of the magical compounding effect.

Start somewhere small today, read up on something about investing. Read the terminology. Money and finance may not be your favorite subject in school, but getting the ABC of money and finance will save you a lot of sleeplessness.

My name is Lee Nagel, I am a youtuber, and I write and share about money, love and life.

This blog is also on youtube

How to get started in your financial journey? (part 1)

How to get started learning about money? My story about my journey with paychecks and money started at my first job at Macdonald’s

So you have been working for a few years and the initial excitement of how wealthy you felt with your initial paycheck wore off finally.

Or are you one of those who observed your peers older than you walked the path of paycheck to paycheck. Or you are Tired of getting rejected at your rental application and the ever raising cost of everything?

Maybe you are one of those who have heard a lot about how important financial education is and wanted to get started?

Now how do we start?

Maybe I can share a story with you about my own journey?

Growing up I was told how important money was, and things I love like candies, depended on money. so as a kid I knew money is liked to why my friends went to Disneyland for holidays and my family didn’t. Fast forward, I took on my first job, at MacDonald’s. I was a teenager and I remember my first pay check made me feel like a millionaire in my class. I was overjoyed at my $200 or so paycheck. Quite laughable looking back. But that $200-300 gave me my first experience with working, salary and savings. I rushed out to buy my favorite backpack so I can look cool in school and so forth. Soon enough my money ran out and I was back requesting for more overtime so I can fuel my shopping and seemingly insatiable wants. The more I worked, the less I get to rest and the more I bought the less excitement I received every time I get my hand on a new item. Then came time to pay for taxes and compulsory retirement deductions. When I finally looked at my paycheck, I saw how much was taken.

Like many my journey was typical of many who studied hard, worked and bought things they like and racked up a ton of expenditures.

Even though I was fairly young when I started work at MacDonald’s, I knew I wanted to move out of my parents one dat, the sooner the better. I was smart enough to try to find out how much a house would cost me. I was deeply disappointed to learn that a house us many times my $200 salary. And so this was how I started to fall into the financial system capitalism trappings and learnt about money, work and wants.

I was told if I studied hard I would be able to make more money, a lot more than my work at MacDonald’s and my work will be easier. No more oily work environment or emptying trash.

A very determined and diligent little me studied hard and graduated with master degree. I worked at top firm that counts Wall Street listed clients as clients. did I become happier and financially free? No.

So how I really dug into learning about money? I stop reading textbooks my university taught me with. I read business books of people who really did something with money, and I didn’t care if they have formal education.

I started my 401k, I started studying about insurance, investments, and opened my first brokerage account. I read law, and company tax laws, talked to business people, tax people and note down my learning. I changed the people who, I hanged out to much older people

I took part of my savings and attended coaching from coaches who would teach about money, internet things. Many of my peers who attended such classes with me are now equally if not more successful. The classes allowed me to meet like minded people.

I learnt that paying tax is great, it means you are making money. And there are many legal ways to reduce tax burden and the focus should be on growing the business and customer satisfaction.

Did my story shine some light on how you can or should start?

If you have enough, investing in a good coaching. Our se on money is the most meaningful gift for yourself or your loved ones. 2/3 of Americans a struggle with money. Many cannot sleep in peace because of credit card debt. If you don’t have any money to spare, don’t despair, many materials are free online. You just need to collate and learn with discipline.

Start by

1) reading books about money and read widely. One book I read and is easy to understand is Rich Dad poor dad. I don’t agree with the book entirely (another story for another for day). You don’t have to follow everything that book says but it a great way to start.

2) start making friends in business circle if you can. Go to a rich neighborhood and buy yourself a cup of coffee there. Listen to what people are talking about . Join a business meet up club

3) forgive yourself. Everyone makes mistakes. Pick yourself up, dust yourself clean and walk again chin up. You can do this!

I love you, and I hope wherever you are reading this, you will start. Just start reading something about money and be comfortable talking about money.

All the best Lee

Iwantyoutoberich.com

Digital Nomad Life Remote working

Heard about quiet quitting or just do what you are paid for? Americans are overworked and burnt out.

How to start?

At iwantyoutoberich.com we

Time freedom to enjoy life’s little moments (spend time watching your kids grow up? Walk your dog in the park? simply spend more time with your parents?)

Help you change your life with a business you are passionate about

Enable a sustainable and scalable income that allows you financial freedom you deserve.

Embark on a remote digital nomad life away from the place you are stuck in right now?

You are at the right place at the right time!

contact my team at iwantutoberich on twitter

What if I have $5000 to invest?

Many of you out there who finally finished paying some credit card debt, ready to invest and you have on hand $5000?

Be careful who you speak to!

So many organizations, and even banks out there want to help you invest and take your money. No wonder so many Americans are afraid of investing.

Investing almost becomes a word associated with fear and losing all your money.

The fear of talking about money, associating yourself with money, educating yourself about money is what is stopping you from achieving your financial well being.

What would you do if you follow someone successful and the market changes, or the person sold (and they often don’t publicize their sale of stocks).

What do you do after that? You don’t learn anything if someone else is doing it for you. Even if the commission is very low, these institutions can collapse.

Keeping cash was good when inflation was low, but now inflation is soaring. Every day you keep cash, you lose 8-15% without doing anything.

You would go on to tell me inflation is only 4% but you will see that greedy corporations will raise their prices at 10-20%, not 4%. For example, if your coffee is $2. They wouldn’t just do $2.08 (which is 4%), they do $2.50. And the list go on and on.

So what’s the long term goal? Educate yourself.

Do not become a victim

cheated by banks
cheated by fund managers
cheated by insurance companies
cheated by family
cheated by partner in business
cheated by …

You know you can control your outcomes, your future.

Your financial future is in your hands, start by listening to podcast as you are stuck in traffic to work. Read books. Listen to podcast.

Start talking to people about money.

How not to become a victim of money?
do not believe that there is more than 10-20% return without work. It takes a lot of work and insider know-how to make more than 20%. Possible but you wouldn’t consistently get that return. Some years you can make 30% and that would even out in times of downturn, and that over time you are probably making 10%-15%.

You will hear people who scream they made millions investing in X or Y. However, how much risk can you afford? Can you afford to lose everything? Can you afford to lose sleep and mental health? Also when people lose tons of money, they don’t talk.

Managed funds are the worse. They have management fees, administrative fees, performance fees and they have feeder of feeder funds, meaning you can never see where they are investing your money.

You own your future and you deserve to be happy, especially when it is happiness that comes from your hard earned money.

Iwantyoutoberich is a media company that wants to reach out to the masses because too many are taken for a ride and lost hard earned money and savings.

Rich means you are in control and you are in the driver’s seat.