Browsing: Business

    Siblings Andrea Stephenson and Linsey Mills have over 40 years of combined experience in teaching youth financial literacy and have made it their mission to expose children to these topics in a fun way. They are the authors of a new book entitled Teach Your Child About Money Through Play with over 110 games/activities, tips, and resources. The book is available on Amazon.

You can manage your credit to help you with future purchases — such as a home or vehicle — in a number of ways. Ultimately, strong credit can help you reach your goals by qualifying you for loans, contracts, discounts, and access to even more credit options.

“Saying ‘I want to improve my credit’ isn’t a strong enough goal to keep you on track to the credit you deserve.” Create a plan for how you will use it and factor in a monthly spending plan based on your income to figure out how much money you’ll actually be able to put towards building good credit.

     Ask yourself why you want to invest: Is it to prepare for retirement, buy a home, or start a new business? How much money will you need for your goals? Then, organize your investment priorities by the amount of time needed to achieve them. Writing them down can help you think clearly about which goals you have, and which you need to start with.

     According to a study by Magnify Money, nearly one-third of households have $1,000 or less in savings. Setting yourself up for the future begins with asking yourself what you should be saving for outside of monthly payments, and how much you can reasonably save with each paycheck.

     South Florida is more than just beautiful weather though, and here in Fort Lauderdale, we can also boast about having a welcoming business climate. The city has evolved beyond its Spring-break haven days and is now more known for attracting company headquarters and entrepreneurs, than for entertaining partying spring-breakers.

How you feel about money impacts your spending

Dwight & Angelique Morrison are the co-founders of PS Remember, a new social media platform that connects students in over 100 countries. Through its unique and powerful search engine, PS Remember allows students currently attending or who have previously attended high school or college to find each other. With over 2.5 million schools in its database, students now can communicate like never.

     For over 30 years, Earvin “Magic” Johnson has been an entrepreneurial genius and transformative business owner. He is the Chairman and Chief Executive Officer of Magic Johnson Enterprises (MJE), founded in 1987, which is an investment conglomerate, with an estimated value of $1 billion dollars. Also, after retiring from The Los Angeles Lakers in the NBA, Mr. Johnson has been committed to having a lasting impact in underserved urban communities.

     Learning to adapt to changes is key to creating a healthy relationship with your finances. Taking control of your money means customizing your plans to your needs, so it’s important to remember to be flexible and open to change.