Financial Freedom Forever
Do you know the importance of investing your money and how it can ultimately impact your financial future? This blog is dedicated to providing the average person with the knowledge needed to go out and make better decisions regarding investing their money and teaching their children and future generation the same thing. The goal is to empower the poor to think more like the rich so in the future their will be no struggle, but financial freedom for all to enjoy.
Monday, September 8, 2014
RE24/7/365 VS Wake Up Now
What Is RE24/7/365?
RE24/7/365 is a company that specializes in low discount travel and commercial unregulated energy supply. Their purpose is to provide services to small business and companies who utilize energy and help them save money on what they may currently be paying. RE24/7/365 also has a travel program for people who love to travel with special low cost deals on exotic locations, hotels, cruises, and hot spots.
What Is Wake Up Now?
Wake Up Now is a company who works with people who want to SAVE money, MANAGE money, and MAKE money online. Their purpose is to provide individuals with savings both locally and nationally with great deals and free items to help them live a more secure, frugal, and financially empowered life. Like RE24/7/365, Wake Up Now has access to a vacation club offering great deals on exotic locations all across the globe at low discount rates. Wake Up Now also has exclusive products via their hub only accessible through Wake Up Now called "Awaken" which are energy based beverages and coffee products.
How Do I Get Paid With RE24/7/365?
Those of you who need money quickly and right away may be drawn to the RE24/7/365 opportunity due to it's ability to payout daily commissions the following week of sales. This means that if you made a sale on Monday, you would get paid that following monday for that sale and so forth. RE24/7/365 does not have reps or distributors, they have what they term "BF's" or best friends. To become a "BF" with RE24/7/365 you must pay the initial $39.95/m and get put in position to start earning commissions. Once your refer 1 person for $39.95 you will be eligible for your $37.50 payout the following week. You also earn $1.05 monthly from that referral over the next 12 months. So at the end of the year you'll earn $50 off that one person if they stay in the program for the full year. If your lucky and can refer more than one person on different days say M, T, Wed, and Fri...You will earn commissions the following week on every single day you made that sale. That is how you can earn daily commissions.
A "BF" also will get 50% of all referrals retail & product sales so if a referral does $20k in residual or retail commissions the BF will earn a $10k bonus match on those sales. That goes for every BF he/she sponsored into RE24/7/365. So there is great potential to earn massive money off of a measly $40 commission if you have a large data base, are extremely self motivated, and recruit some heavy hitters to your structure and organizations.
Also similar to Wake Up Now they have a Waiting List when recruiting new reps so you can structure your organization any way you'd like. So if you want to help some other reps in your organization reach bonuses you have the power to do so and help other team members out. Now once you build a team of 50 people you become what's known as a "Player" and are eligible for a $2500 bonus. Each time your organization grows an extra 50 people you will get an extra $2500 bonus. So there are quite a few ways to generate income with this great company.
What are some of the "Pros" and "Cons" of this company?
Well, RE24/7/365 has some really good "Pros" so i'll get into them first. One pro of course is you get paid daily with this company and you have an ability to earn residual income off of reps who are really active and producing well. You become part of an exploding company pretty new to the industry so the earlier you get in, possibly the better chance you'll have at recruiting new people who may not have been introduced to this opportunity. One last pro, is there is a low start up cost to join this program so if your strapped for cash you can join this company and as long as you product, get active, and make moves you can make your money back quickly as well as provide a decent weekly, monthly, or daily income for yourself and family.
Some "Cons" with this company is there is competition in the market for both energy as well as travel. In the energy sector you'll have to compete with 5linx, Epiq, ACN, Ignite, and Independence just to name a few. For travel you'll have competition with Wake Up Now Travel Program, Paycation, WorldVentures, YTB, etc...There are also ALOT of low cost MLM programs out there for people to join with MCA being a big one with the same start up cost but paying bigger commissions on sign up at $80 per referral. MCA pays out in two week intervals for it's sign ups but you also earn residual income from all reps who perform well with the company. So you will have an extreme amount of competition to face getting involved with this opportunity so you need to be a seasoned online marketer, have a great coach/mentor, that will ensure your success with the company and how to market it to a specific demographic in order to be really successful. However, all things are possible and if this is something you can see yourself doing definently give it a shot, and I wish you the best of success. As for my opinion, I see tremendous growth potential with it as long as your ready to face and overcome certain barriers.
Why I Choose To Stick With Wake Up Now?
Wake Up Now has been around since 2009 and is actually the company I chose to sign up with and market. I've only been with the company for a few months, however I really do wish I signed up for it earlier because I absolutely love what the stand for and are about. This company is more than making an additional income I feel as though it's a family of supportive people looking to really help folks in financial struggles come out of poverty and into financial freedom. I've personally been part of other opportunities in the past and haven't quite found any that appealed to me as much as Wake Up Now has so I decided to stick with this one and give it my "Thumbs Up" rating. I've been solicited by many reps in the RE24/7/365 company and although I endorse it as a great company it just doesn't fit me and my lifestyle which is why I haven't signed up to be a part of the company. When I searched for an opportunity to fit my middle age, earn an additional income, and help others along the way this company made all the sense in the world.
What Products Does Wake Up Now offer?
The first thing that I love about Wake Up Now is the products and services they offer that help people manage their lives better from the WUNfinance which helps you manage your accounts, balances, and budgets better. You can stay on track with your finances and see by detail what's going out as well as whats going in. The WUNspeak software teaches anyone interested in learning another language for whatever purpose up to 80 languages just like Rosetta Stone and is included in the package. The savings and discounts on local retails stores and major chains such as Walmart, Best Buy, and Target. You also get discounts on restaurants, entertainment, apparel, and electronics depending on what your searching for. Wake Up Now serves as some sort of deal and discount search engine for people wanting to be a little more frugal in their spending. They even provide you with grocery coupons to help lower your grocery bill every time you shop. If you love to travel, well like I mentioned above they Vacation Club is phenomenal offering some of the lowest condo discount stays on the market today. They also provide you with weekly travel deals that are available all across the world to help you book your next vacation on a budget. Wake Up Now also provides its IBO's with a app called Taxbot that keeps track of all your business expenses for you while operating your business so at the end of tax season you'll have money to write off on your taxes. This will allow you as an individual to be placed in a lower tax bracket for operating a full fledged business. If you are a busy individual who travels all the time and could use the help of a personal assistant well WUN has what they call WUNassist included in their NEW explorer pack along with WUNMD. These services are STRICTLY for business travelers who may get sick while on the road, or may need help with menial task while in another location or country. You can simply call WUNMD and get a prescription to treat an ailment right over the phone, track your health online, and perform health and fitness test and tracking right online. If you want to know the best restaurants in Spain, need someone to book reservations, search for a special item, set up travel arrangements, and much more! You can simply use WUNassist to perform these duties with no problem.
What's The Cost To Sign Up For Wake Up Now?
With Wake Up Now you become an Independent Business Owner (IBO) for a monthly fee of $99.95 or $149.95 if you choose the Explorer Pack. You will get access to all of their products and services 24/7 to use for yourself and family at anytime. Although this is a higher cost to be a part of this program, you are actually getting awesome services to help better your life and spending. With the above option you are not particularly getting any services or products for your 39.95/m with RE24/7/365, however you are able to be part of the team of growing it and making money. With Wake Up Now they pay out commissions monthly and usually on the 15th of every calendar month. If you refer 3 IBO's into Wake Up Now you earn an instant $100/m residually. This will make your membership free and if you help your 3 reps in the company become FREE like you did, you will earn $600/m residually. That gives you a total of 12 referrals only and you earn $600 commission a month. You also get bonus' for products and services ordered which increases your teams PV so you can earn additional income depending on your teams PV for that month. If you simply product 7 D3's in your team and they produce, you can be bumped up to Founder 7 and earn $10k residual commission, $4k override, $500 vacation dollars, and $500 auto bonus all in one month. This means that you will be vacationing on someone else's dollar, getting you car payment paid, and receiving extra income to store away for a rainy day. The concept of this company is simple if you know 12 people who want to save, manage, and make money online then this is a no brainer. Plus if they love to travel especially if someone else going to pay for it, than they have everything they need to be happy in a company. You have no reason to search for other ways to make money in case you just want to expand your personal profile. I decided to stick with this company for the main reason that I believe in their vision and love what they stand for. Of course, there are other great companies out there you can experience making extra income, but I want to grow and stick with the best for me.
What Are Some "Pros" and "Cons" of Wake Up Now?
Some of the "Cons" of Wake Up Now is it has to compete with other discount sites and programs as well. There are other ways to save money online, this problem is they just don't pay you to use and take advantage of their savings. WUN basically provided a financial benefit to using their service as well as getting others to use it. They have taken what lot's of companies have called deals and converted it into a financial cash cow for people who not only need to save money but make money as well. This is why this program is so POWERFUL. It's also a lot easier to make residual income with. An extra $600 a month equals an extra $7200 a year which is a big boost for some people who may just need some help with the rent, car payment, or utilities in the home. You really don't have to put that much time and effort into selling it as it sells itself, you don't have to keep recruiting 12 new people a month although I highly encourage you do, to keep making $600 a month. If you only do it 1 time and those you've recruited duplicate your efforts, you'll never have to work a day in your life. This is enough to satisfy my income needs at the moment. If you want and need more information regarding our team and wake up now simply CLICK BELOW.
I can show you exactly what you need to do to start making money with Wake Up Now as soon as today. Get the training you need and get involved. As for RE24/7/365 I wish you the best of luck breaking into the energy business and hope you find a highly productive team and coach to help you be successful, however if it doesn't workout you'll always have a home here :) Good luck in your decision and I hope this helps with you making a decision.
Friday, September 5, 2014
Awaken Products Through Wake Up Now Explained
What is "Awaken" Energy Products?
Wake Up Now is an exclusive distributor of products with some exclusively sold through the WUN hub which can only be accessed through a national or local distributor. Awaken is a line of high end energy products offered through this company similar to Herbalife offering their own products. However, it's much cheaper with a different name. They have cool products like Awaken Tropical Burst, Thunder, Awaken Citrus Rush, and Awaken Arabica Black with more to be produced in the future. If you look at the Wake Up Now company as a whole it's been in existence since 2009 and their products are just beginning to gain solid ground. However, the top dominating energy drinks are still Red Bull, Monster, and Rockstar with everything else following behind those three.
So why should I try Awaken Energy Products?
Well one of the main reasons you should try them is because you can become an independent distributor of them. This means you earn money to simply distribute this healthy energy alternative. The second reason is it's a healthier alternative to energy and you won't be injured, die, or have disabilities following consumption of the product. Third reason being it's cheaper and more affordable than the latter 3 which puts more money into your pocket. You can drink Red Bulls, Monster, and Rockstar all day however they are not going to put money in your pocket.
Another reason is the product is NEW! This means you have an OPEN market to share it with. When you go to the movies do you go to watch and see an OLD movie or a NEW movie? Most of the time a NEW movie especially if your a movie buff like me. My last and final reason is it's a much healthier alternative to the other brands and providing your body with stuff that it really needs as oppose to stuff it really doesn't.
Red Bull contains more additives and stimulants that have been proven to cause issues with peoples heart and health you drink it extensively. It has also been noted to cause a couple deaths, with one recently highlighted with Cory Terry. Another lawsuit was filed against Monster energy in 2012 after a 14 year old girl died following guzzling 2 Monster beverages in one sitting. I figured that Rockstar was safe after seeing the results of 2 of the most popular beverages, however the FDA released data in 2012 linking 13 illnesses and 2 long lasting disabilities to Rockstar Energy.
What are some of the health benefits of AWAKEN ENERGY products?
Awaken Thunder has only 10 calories and 2 grams of sugar. It contains B6, B12, B5 which all help regulate energy in your body. B6 activates enzymes responsible for producing energy, neurotransmitters, red blood cells, and white blood cells that support the immune system. In fact, it's recommended you take at least 1.3 mg of B6 a day.
Your body needs B12 to make neurotransmitters, hemoglobin, and DNA. This vitamin lowers your levels of homocysteine (which in high-levels has been linked to an increased risk in cardiovascular disease) just like B6, however it does it in a different way. Vitamin B-12 helps convert homocysteine into S-adenosylmethionine, or SAMe, which is essential for the synthesis of hemoglobin and vitamins. SAMe is used to treat osteoarthritis and depression and may help relieve pain from fibromyalgia. You should have about 2.4mcg of B-12 a day.
The health benefits of Vitamin B5, also known as Pantothenic Acid, include the alleviation of conditions like asthma, hair loss, allergies, stress and anxiety, respiratory disorders and heart problems. It also helps to boost immunity, reduce osteoarthritis and signs of aging, increase resistance to various types of infections, stimulate physical growth, and manage diabetes and skin disorders.
This product contains a natural source of caffeine 80mg, Green Tea 50mg, and Chokoberry Extract 25mg to give you the boost of energy you need to get through your day right and healthy!
To view the contents of the rest of the AWAKEN products...SIMPLY click on the links above for the products your interested in.
Do I have to become an IBO in order to purchase AWAKEN ENERGY products?
No you do not have to be an IBO (independent Distributor) in order to try our products, in fact you can sign up for a FREE ACCOUNT and get direct access to the WUN SHOP. You will find all the products listed in there. If for some reason you really like the products and would like to distribute them as well, than at that point feel free to sign up and earn commissions from the products. My whole purpose of writing this article is to give you a brief understanding of what type of products WUN is producing and working on in the future. With some much technology and emphasis on health and fitness it is important to stay on top of the times and provide value to people searching for something other than a convenient store fix.
WUN has hopes to provide products to the market that can actually be beneficial to the communities and people who consume them. I hope you found this article helpful and if you have any questions regarding our products, how to get involved with Wake Up Now, or becoming a distributor feel free to let me know and/or contact me via email at jesjaymoney@gmail.com. My name is Jesse Stewart and I am pretty fast on responding via email and I hope to hear from you soon, until next time stay healthy, strong, and energized!
Wednesday, July 2, 2014
Friday, June 27, 2014
How To Generate MLM Leads With My Lead System Pro
What Are MLM Leads?
MLM leads are people who have already been sold on the MLM marketing system. These people are either affiliated with or have been in the past with some sort of MLM business and are aware of how it works. Most of the time having MLM leads is beneficial to someone interested in growing their downline or downlines effectively because they will have people who are attracted to network marketing. This means that having MLM leads can only benefit and grow your business a lot more effectively than having people new, uneducated about network marketing, and still trying to figure everything out. This ensures that your leads are the HOTTEST and possibly most effective leads you can find for your program or affiliate offer. This is what makes MLM leads such a powerful and popular subject.
What is My Lead System Pro?
My Lead System Pro happens to be the holy grail of MLM lead generation. The company has been around since 2008 and specializes in training network marketers to attract like minded individuals who are struggling with generating quality traffic to their offer or website. 90% of newbies who get into internet marketing fail due to bad education or improper training from sponsors who haven't had the opportunity of being taught properly how to build a powerful online business utilizing powerful tools and networks. My Lead System Pro has realized that the power in network marketing lies in minds of gurus and professionals who have tested proven methods online, debugged them, and made millions.
How Can My Lead System Pro Help Me Generate MLM Leads To My Business?
What you will find in My Lead System Pro are the very methods, secrets, and education from top earners and affiliates on how to drive MASSIVE traffic to whatever offer online you want or need to build your business. The good thing about the traffic to your specific offer is 9 times out of 10 it's pure quality traffic meaning people who have been or are in an MLM business seeking ways to be successful. My lead system pro will give you as a leader access to the necessary tools and education that will help the troubled network marketer you've attracted as a lead. Once you've helped your lead using my lead system pro tools and education, you will then have an opportunity to see if your particular business or offer can fit the needs of that individual. The great thing about My lead System pro is it is not an MLM business, rather it's a powerful tool for network marketers looking to become leaders in the field of network marketing. It houses everything you need to survive and come out on top as a leader in your particular niche and field. If your looking for MLM leads i'd say this system is the #1 choice for generating and building a quality and powerful online business mainly made up of MLM leads.
How Can My Lead System Pro Benefit Me In My Business?
If you are growing frustrated, tired, and ready to give up. This is a result of not getting the success you've expected online. It's okay...I've been where you are as well. The problem comes in when you actually quit, go back to working a 9-5, and be miserable for the rest of your life. This is what happens when you don't get the help you need to accomplish your dreams in life. My Lead System Pro is there to make sure that you get the help, education, and expertise needed to grow your specific business online efficiently and effectively. You will have the ability to join in on wake up calls, exclusive webinars, and trainings for the top affiliates of network marketing that share nuggets necessary to make it online. With this system is practically impossible to fail if you take advantage of the benefits. You have to find a strategy you want to MASTER and stick with it. The problem with unexperienced marketers is they try to master every strategy and fail miserably, call it all a scam, and give up. This is what MLSP does not want and has grown tired of seeing. These top earners want you to make it, survive, and come out on top. They have made their millions, so now they are passing all the information to the struggling network marketers online so they can finally experience happiness and success. If you don't have a mentor, sponsor, or network to help you grow...You will not make it online. This is very important to be successful in your niche and online business. This is the easiest way to do it with My Lead System Pro.
Powerful MLSP Review by Zach C.
Powerful MLSP Review by Zach C.
I'm Ready To Start Building My Business and Getting Some MLM Leads To My Offer
If you utilize the training and education in this system you will generate between 35 or more leads a day to your offer. It's that simple and powerful. Could you use an extra 35 leads a day? If so you want to take the next step and check out My Lead System Pro for yourself.
Start generating MLM leads to your offer, and build your business online.
There is a free 29 minute movie that shows you how to surgically inject more LEADS, MORE REPS, and MORE CASH into YOUR business...Starting Today. Click the link below to get started ASAP! Once you check out the free video and get started we will immediately add you to our TEAM FUSION group to get special training, and FB group for support. We want to make sure you are successful online.
Start generating MLM leads to your offer, and build your business online.
There is a free 29 minute movie that shows you how to surgically inject more LEADS, MORE REPS, and MORE CASH into YOUR business...Starting Today. Click the link below to get started ASAP! Once you check out the free video and get started we will immediately add you to our TEAM FUSION group to get special training, and FB group for support. We want to make sure you are successful online.
P.S. If you are not part of a growing company and want to learn how you can make $600 a month extra by showing people how to save money, manage money, and make money. Check out our great company: Click Here
Saturday, June 21, 2014
In America, Who's To Blame For Poverty?
Read an interesting article today on NBC NEWS/WALL STREET JOURNAL POLL. They took a poll on who's to blame for todays poverty. As many of you know... Many are continuing to struggle in a not so healthy economy but yet allot of Americans feel that poverty is caused by circumstances beyond an individuals control.
20 years ago this same question was asked to Americans in a raging political debate about welfare and poverty and less than a third believed it was caused by issues beyond of their control. People actually believed at that time poverty was caused by people not doing enough. So currently, nearly half the respondents believe it's associated with things outside of individual ambition.
They mentioned, "In hard economic times people become more sympathetic to the poor." says Martin Gilens, Ph.D a political scientist of Princeton University. 13 years ago, we were in a period of economic development. This means that even the poor or less developed benefited much more. It's pretty clear that we're in a more visible time of struggling economic times for Americans, so most Americans may contribute poverty to these issues.
A 41 year old single mother, Meg York, runs sales for a family farm out of rural northern Maine. Meg is a Democrat and stated, "I understand the feeling of not being able to afford things. As a Teenager, I thought if you worked hard enough in the United States of America, then it's your own fault your poor. I adopted the conservative view around here. However, my view has certainly morphed and changed over the years, and I see a bigger picture."
Although the opinions shifts cross over all barriers of diversity. There is still major division. More than 60 percent of Democrats felt that forces outside of peoples control is the most important cause of poverty and welfare. Only 27% of republicans felt the same.
It's interesting because men/women differed in opinion as well. Only 40% of men felt poverty was structural, whereas over half of the woman felt this way.
Among white respondents in the study, most felt that poverty is caused by individual initiative. However, the amount that believe it could be caused by outstanding contributing factors rose from 27% in 1995 to 44% in 2014. Among black respondents, a staggering 59% belive poverty is caused by outside factors other than individual initiative, compared to 45% in 1995.
Americans without college degrees and southerners also showed huge shifts in similar directions of opinion.
What is interesting is white males, who still mainly contribute poverty to individual failure to work hard enough showed changes. 38% of white men and 27% of republicans contributed poverty to outside factors. This shows that people are growing more sympathetic towards the poor.
Mike Vergere, 61, a republican marketing manager in a medical manufacturing company in the suburbs of St. Louis, says, "the first issue is that there is not enough jobs in the country that pay enough money so that people can live at the bare minimum to be able to make what we'd consider a living." (2014, NBC.com)
It's interesting that so many Americans believe that poverty is a result of conditions around them that are totally out of their control. I happen to be a young, middle aged, man with no family simply because of financial issues myself. I have two master degrees and have held over 14 jobs in my entire lifetime. I've experienced working hard, overtime, going the extra mile, being the first one in...last one to leave, and everything else only to get a pat on the back, and if i'm luck a complimentary lunch on the company.
13 years ago a majority of people felt that poverty was a result of what people decisions people made themselves as well as personal responsibility. I believe for the most part it still is. People are not forcing or making you have no money. I feel that a lot of people just don't see nor recognize the opportunities around them. People in America are very lazy and want allot of things handed to them. Instead, of poverty or depression being a catalyst for extreme success they use it as a crutch for great failure.
Poor Americans have somehow shifted the responsibility of prosperity and responsibility from themselves to the government. I don't believe it's their responsibility to pay our rent, cloth us, and make sure we have something to eat every month for our families. Now don't get me wrong there are some people out their mentally and physically incapable of living normal productive lives in that should be a responsibility of the government to assist these individuals as needed to live productive normal and successful lives.
However, I feel that we as a people need to take back our POWER and RESPONSIBILITY to take matters into our own hands. I walk around and see plenty of JOBS where people are hiring, the problem is nobody wants to work those jobs because they don't pay what they feel their worth. The only way to get paid what you feel your worth is to become a business owner. Create and take advantage of business opportunities out there and then and only then you can finally get paid what you feel your worth. You will never make what you feel your worth working a JOB which means, "Just Over Broke". If more people used a JOB to invest into their own business and became LEADERS and ENTREPRENEURS than poverty could take a dramatic shift. However, problem isn't outside contributing factors it's US.
It has nothing to do with wages or economic jobs. There are people going from rags to riches everyday using what they know to do and letting failure, uncomfortability, and uneasiness be their only motivation for a better life. There are single mothers who have no choice but to get into business for themselves because they can't afford daycare. This is what it takes...This is what we need to do. I can't figure out a better way to be greater people than to do things that great people do. Don't look for another boss of job to get you out of poverty. Stop looking for government HANDOUTS! I dare you and challenge you to take ACTION yourself and change your life. Start investing in yourself and creating business opportunities in your families name. This can be done and will be done. With that said...
WHO DO YOU FEEL IS THE BLAME FOR POVERTY IN AMERICA?
WHAT DO YOU FEEL NEEDS TO BE DONE?
IS THE GOVERNMENT RESPONSIBLE FOR HOW AMERICANS LIVE TODAY?
WHAT IS A SURE WAY TO SUCCESS?
I'd love to hear what you have to say! If your looking to join a team who is striving to make $90k in 90 days, i'd love to have you join us. Check out my WUN Blog
Thank You! God Bless
Wednesday, June 11, 2014
What Parents Don't Teach Their Kids About Money
Kids pay a lot of attention to money matter than parents give them credit for. Research conducted at North Carolina Stat University and University of Texas confirms this. Parents are not longer talking to their children about the value of a dollar. However, they tend to get ideas about the value of money from the internet, TV, or music icons. What happens when parents are actively teaching their children about money they seemingly develop misconceptions about the value of money.
Research conduct outlines some given mistakes parents seem to make when teaching their children about money:
1. Parents are ignoring the facts kids get stressed about money.
A 2014 survey by H&R Block shows teens get stressed out about money. Students in High School reported being stressed out about maintaining a comfortable lifestyle similar to their parents, paying off student debt, and finding a decent paying job.
Providing an understanding about money can lower your child's anxiety. Speak with you child concerning their financial future. Find out what you child aspires to be when they grow up and how much they can expect to make in that given field. Have deep discussions about how to pay for student debt if he/she insist on going to college. Having these simple conversations can help educate your child about finances and reduce their worries and stress.
2. Parents must educate kids that online shopping cost real money.
Kids don't view money the same during this technology age. Most kids rather shop online rather than go to a bank, according to the T. Rowe Price 2014 Annual Parents, Kids and Money Survey. 75% of the kids stated they rarely go to the bank, while 60% confirmed they shop online.
This means that kids don't really see money exchange hands. This takes away from the reality that they are spending real cash when shopping online. It's wise to take your child to the bank so he understands the banking system. They should gain a full understanding of how paychecks are deposited and money is withdrawn.
3. Parents stop lying to your kids about money!
According to the T. Rowe Price survey, 28% of parents admit to lying to kids about money. Some parents may feel uncomfortable telling the truth about it – like if a child is curious as to how much his/her parents really earn. Other parents may not tell the truth because they don't want to let their children know they can't afford certain things, or are unable to purchase things.
Lying to children about money may send the wrong message to your child. He/She may feel it's okay to lie about money when under financial stress, or if your child asks a financial question that you’re not comfortable answering, be honest and say you don’t want to talk about it. Although not telling the truth to you child may be a good thing for the short term, if it continues it could cause issues later on.
4. Parents disregard conversations concerning money with their children.
Kids have a general interest in money, however parents avoid the subject. A surprising 74% of parents exclaimed they have some issues with discussing financial topics with their children. 59% of kids wished they could be wiser about money, according to the T. Rowe Price survey. While some parents are ashamed to speak about money, others feel like they are terrible role modes and therefore avoid discussing finances with their children.
Parents have to be willing to get over being uncomfortable discussing money topics with children. It could be educational for parents to discuss some of their financial mistakes and how their children can avoid them for themselves in the future. Allow money to be a regualr conversation between yourself and children in your household.
5. The importance of investing is not being discussed with children anymore.
Kids aren’t learning about the importance of retirement accounts or even college funds and research shows that parents are even less likely to discuss the importance of investing with girls. Unfortunately, girls are less likely to get information from their parents about the importance of retirement accounts and even college funds. This may alter the mindset of how children view risk. According to a 2014 study by the investment company institute, people under 35 are taking an overly conservative approach to investing in future endeavors.
Teaching both boys and girls about investments is very essential. Children need to see charts and other helpful outlines to understand the importance of investing at an early age and how it can lead to a better and more comfortable life in the future. However, if you don't know too much about investing, then now is a great time to learn so you can pass down your knowledge to you children and create a more fulfilled and better life.
Learn how to SAVE MONEY, MANAGE MONEY, and MAKE MONEY from this simple program helping people of all walks of life go from POOR to FINANCIALLY INDEPENDENT in a matter of months.
Watch This Quick 7 Min Video On How...
For more information regarding this great program: Click Here!
Feel free to share your tips and tricks about ways to teach your children about money in the most effective ways below!
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