FINANCIAL LITERACY IS JUST NOT THAT COMPLICATED – TRUST ME!

It is estimated the lack of financial literacy, cost Americans ~ $300 billion in 2018, or three Bill Gates’ fortunes. While financial literacy is not rocket science, 63% of Americans are considered "financially illiterate."  People who are financially illiterate have difficulty applying financial decision-making skills to every day real-life situations.  SO WHAT EXACTLY IS FINANCIAL LITERACY? Financial literacy is understanding all aspects of money, such as: taxes, savings, paying bills, retirement, budgeting, paying for ...

Read More

Investing in Yourself

  Last week, I discussed the importance of mentors.  Finding and learning from mentors is simply an investment in yourself. This week, I want to provide other methods to beef up your investment competencies. The following are some tried and true ways that I have been able to increase my investment knowledge:    • Formal Education:  Community colleges offer short and inexpensive courses.  You can return to college and pick up a degree ...

Read More