9 Lessons You Need to Teach Your Teenager About Investing

9 Lessons to Teach Your Teenager About Investing #stocks #bonds #passiveincome #kidsinvesting #personalfinance

Hi, Team! Today I have a treat for all of us parents! Sure, you may have covered budgeting or income protection when talking with your kids… But how does your at home “Investing for Kids” curriculum look these days?   If you’ve been wanting some guidance to help educate your teenager about different investing options – look no further. This post is perfect for all of us parents who know we need to have this conversation with our kids – but just don’t have the expertise. And here’s our high-powered backup:   Chelsea Brennan is the founder of Mama Fish Saves, a personal finance blog that focuses on family finance, investing, and reducing money stress. Chelsea is an ex-hedge fund investor whose work has appeared in a wide array of publications, including Forbes, Business Insider, Haven Life, and more.   I’m thrilled that Chelsea agreed to stop by and share some […]

Continue Reading

Diversify your Portfolio (Financial Pillar #9)

How to Diversify Your Portfolio #saving #investing

Check out the complete list of Financial Pillars Here   During the market crash in 2008, I kinda-sorta misplaced $20,000 worth of mutual funds. This represented 66% of my total funds invested in the market at that time.   That was a gut-punch.   Do you know what was worse?   When I lost 66% of my invested money, I also lost 66% of my net worth.   That was a kick in the groin… Followed by a gut-punch and a smack in the face. Then The Rock came by to give me the People’s Elbow… And when I got back up, Chuck Norris stopped by to roundhouse kick me in the face.     Yeah… It was like that…   After dusting myself off and eventually standing back up, I vowed to never let one attack take me down again.   I vowed to diversify my portfolio   Let’s […]

Continue Reading