Category: Money Essentials

  • The Financial Rights You Gain When You Turn Eighteen

    Your 18th birthday is, perhaps, the most important birthday of your life. It’s the day you become a legal adult, the day you gain sovereignty over your decisions, and the day you gain total independence. However, an often overlooked aspect of turning 18 is the dramatic changes that will be made to your financial freedom…

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  • Why Rich Families Don’t Give Money to Their Kids

    When people imagine wealthy families, they tend to think of bloodlines which pass down inheritance to their kids as a means of preserving their affluence. Of course, this is partially true, as the goal of many wealthy individuals is to accumulate enough money to fund the future generations of their family. However, the disconnect that…

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  • Wills vs. Trusts

    There are a plethora of differences between trusts and wills, and so you should know the difference between the two. This article will cover some fact-based differences so you are informed. A will is a document which more or less “wills” how a dead person wants to allocate their assets. Wills must go through probate…

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  • Part Time Jobs vs. Side Hustles

    There are many benefits and tradeoffs to taking on a job versus side hustle and we are going to compare them in this article. Part-time jobs usually are structured with pay and give out hours. These roles also help teens to develop teamwork, punctuality, and workplace communication skills. Side hustles, such as tutoring are more…

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  • Interview with Jeremy Engle

    Jeremy Engle is a successful real estate investor, and one of the most prominent real estate loan officers in the country, currently ranked as #1 in the state of California and #7 nationwide. In this exclusive interview, Jeremy discusses a variety of topics, from his background, to his knowledge in the field of real estate…

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  • Tariffs Explained: How Import Taxes Affect Prices, Jobs, and the U.S. Economy

    Tariffs Explained: How Import Taxes Affect Prices, Jobs, and the U.S. Economy

    In recent weeks, you may have heard the buzzword “tariff” all around you – on the news, on social media, and more. This is a result of the economic policy instituted by the Trump administration. But what is a tariff, and what is its purpose? In this article, we will discuss tariffs conceptually from an…

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  • 10 Ways Teens Can Get Financially Involved in Their Community and Make a Difference

    Making a difference. It is an urge, a desire, shared by many to help others around them for the betterment of humanity. Over time, this urge has continued to grow at a rapid pace within the teenaged community, driving ambitious, youthful difference-makers worldwide to get involved. In this article, we are going to cover 10…

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  • The Changing Value of Paper Currency: A Look Through Time

    The dollar. It is the world’s trade currency and one of the most valuable currencies on the planet, backed by a large surplus of paper money. However, with the rise of new technologies, you hardly even see real paper dollars being used throughout the US for everyday transactions. In this article we will examine how…

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  • Mastering Needs vs. Wants: The Ultimate Guide to Smart Teen Budgeting

    Budgeting. In the eyes of many it is a rather boring process that requires careful planning on realistic goals to help you achieve financial prowess. To properly budget, it is essential that one must balance their needs vs. wants, however the optimal ratio is often subject to change depending on the financial and demographical status…

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  • Emergency Fund 101: Why Saving Cash Isn’t Enough (And What to Do Instead)

    Life’s full of surprises. Whether big or small, bad things happen at unexpected times, so it is important for us to stay prepared at all times for these unexpected events. One way to stay ahead of the game from a financial standpoint is to keep an Emergency Fund. In this article, we will explore Emergency…

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