Introduction to how the Easy Envelope Budget Aid (EEBA) works. EEBA allows households to manage their budget, record transactions at point-of-sale and check virtual envelope balances with real-time sync.
EEBA is a complete personal/household finance management solution. More info online at: https://eebacanhelp.com
Duration : 0:4:3
(re-post)
I’m interested in Law, Politics, and Government, but I’m not able to understand some of it because I have a very weak understanding of personal finance. What age–or grade–did you start learning about it? As of now, I’ve been doing independent research on Law, Politics, and Government, for about two or three months, and it’s very hard to learn about it when you don’t have someone teaching it to you. How old were you when you started learning about these things?
(I’m fourteen)
I started learning basic personal finance in third or fourth grade, just like Ariaread, but in public school. We had to "write checks" for little goodies (jolly ranchers, party favor type toys) each month, balance check books, etc. I didn’t get aggressive about personal finance until college. I was reading some books about investing strategies, budgeting, etc. I would suggest: Dave Ramsey’s Total Money Makeover and Rich Dad Poor Dad. They’re somewhat contradictory to one another, but they’re crucial for dropping your preconceived notions of money, wealth, and "getting ahead."
Government has been in my life a long, long time. I would talk to my parents a little about politics from the time I was little. My parents voted for George H. W. Bush in 1992, and I asked them why. I was only six or seven at the time. Since then, I’ve listened to and participated in conversations about politics pretty regularly. In high school, I did Lincoln Douglass debate and learned a lot of political theory from researching for my arguments. Read the Federalist Papers, John Locke’s Second Treatise on Civil Government, Jean Jacque Rousseau’s Social Contract, Aristotle’s Politics and Ethics, and Machiavelli’s The Prince and Discourses on Livy. They’re hard to read, but full of insight and wisdom that have served as pivotal ideas throughout human history. Feel free to read Sun Tzu’s Art of War, while you’re at it.
It’s better to learn these things yourself, through reading and carefully considering what you read. Take nothing at face value, but always question. Is this really true? How do I know? This process develops wisdom as well as knowledge, and both are sorely lacking in society these days.
Best of luck, and don’t get discouraged. Simply asking this question is a huge step in the right direction. Good luck, and God speed.
Hear Sheri Otto, Co-founder of The Budget School, talk about the UBT and why it’s a great solution for those of us who need help budgeting but don’t trust our personal information to a big company server somewhere.
Duration : 0:0:27
http://radtalks.com Omar Usman speaks about the critical need to educate Muslims about personal finance. You can follow him on Twitter @ibnabeeomar
Views expressed at the Rad Talks conference or in any of its videos, blog posts, Facebook posts, Twitter posts, comments, emails, or web content do not necessarily reflect the views and beliefs held by Rad Talks or any of its staff, participants, volunteers, or affiliated organizations.
Duration : 0:9:27
Ritzy Solution’s Budget Diary is a comprehensive and yet easy to use personal finance and budgeting software packaged at a very affordable price to cater to all of you, our prospective clients.
Duration : 0:5:25
Before making a Sunday school budget, research local Sunday schools in the area to find out how much they spend on materials, rent and utilities. Draw up a budget for Sunday school with information from an insurance and financial planner in this free video on personal finance.
Expert: William Rae
Contact: www.hbwfl.com
Bio: William Rae has been licensed in the insurance and financial fields for more than 30 years.
Filmmaker: Christopher Rokosz
Duration : 0:1:47
Why should you teach your employees the importance of personal financial management????What are some creative ways of doing this????
I think that when you teach people the importance of personal finance management it makes a better work enviroment… It also helps keep stress out of the work enviroment…
CAN SOME ONE PLEASE HELP ME EXPLAIN UGH
It’s no secret to anyone that Americans have accumulated high personal debt with less than wise spending in the last several years. Savings have been down and debt high by most measures available. The recent economic state certainly has changed consumer behavior and helped surface a real need to pay down debt, save more and spend wisely.
Debt, in my view, is crippling. The loss of a job or the need for extra cash at the time of an emergency are real circumstances for people. Debt clogs us up. It hinders us. It weighs us down. It enslaves us and it simply makes us inflexible to maneuver through these circumstances.
Where do we begin to change the trend? Sure, uncontrollable forces such as the economy that I mentioned will help, but surely there is more. Public schools are making the move to educate children on money management fundamentals and build personal finance curriculum. These children are our future leaders. They are the business owners and the family CFO’s.
It reminds me of years in playing soccer and loving the sport. It gave me the opportunity to see and think about what would change soccer in America forever? How would America become a competing powerhouse in the World Cup? It starts with the youth, right? You give them the best coaching and play them against the toughest competition and the future of soccer in America can change.
But, what do we do about the people like you and me who are in the working force today. Our personal finance education may have been minimal in our youth. Unfortunately, most families don’t train up children in this area. So for me it became a passion to learn more about personal finance when life got serious (marriage, children, etc.). My passion grew more and more and so much that I love to coach people today in money management.
In a recent article from the Harvard Business Review titled, “Teach Workers About the Perils of Debt”, experts found that employees are quite uneducated when it comes to personal finance. Surprise, surprise, you might say. Well, companies might be missing the boat on this one if they aren’t moving to include more educational tools (outside of the 401k/retirement) to help their employees.
“In light of the money consumers are pouring into credit card fees and interest payments, wouldn’t it be wise for companies to put some effort into improving debt literacy, rather than focusing workplace programs exclusively on retirement savings? Piling up credit card debt at rates of 18% or higher while investing a small fraction of weekly pay into a 401k may not be the best way for an employee to achieve financial well-being.”
But doesn’t it go beyond financial well-being? If employees are better at managing their money, perhaps they’ll be better at managing company resources. Perhaps they will carry with them less stress to the workplace which certainly impacts their ability to perform at the highest level. These are just my theories, but I think would be worth trying to measure for companies.
One of the things I’ve always been trained to do is to manage the company’s money like it were mine. But what if I’m drowning in debt and spending recklessly? “But I don’t have much financial responsibility at my company”, you say. Really? The smallest matters count. Are you wasteful with office supplies? Yes? Then you aren’t managing resources wisely and perhaps money management education could help.
This is a great opportunity for companies today. If they care for their employees, or provide them the instruction to better manage their money; I believe people will be able to give them more in return. Basic courses in budgeting and debt reduction in addition to the retirement planning would be a great start.
***Call Sharman Lawson at 770-966-1639*** Have you ever thought about being totally debt free including your mortgage? If you could pay off all your debt including your mortgage in less then 5 years, would you? Sharman Lawson is a debt and personal finance coach. Listen to what she has to say.
Duration : 0:2:54
In order to make a personal weekly spending budget, make sure to first be able to offset expenses with income. Find out how to make the process of planning a budget a visual experience with help from a financial services specialist in this free video on household budgets.
Expert: William Rae
Contact: www.hbwfl.com
Bio: William Rae has been licensed in the insurance and financial fields for over 30 years.
Filmmaker: Christopher Rokosz
Duration : 0:4:2
No one wants to be a Scrooge around the holidays, but you also don’t want to go into debt. Budgeting, like dieting, is difficult for many people — and for the same reasons. Most people know they should have a holiday budget, but find that’s it’s hard to make a good plan and stick to it. As a result, most of us have tried and failed several times, in large part because of the overly complex approach recommended by most personal finance books out there. In fact, there are a few simple steps people can easily do that will make a big impact and keep you on track for the New Year.
Duration : 0:3:2
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