Financial Wellbeing Archives - Page 37 of 55

Summer Challenge for Kids and Parents

May 18, 2016
Events, Financial Wellbeing

Summer is a time when parents enroll their kids in all sorts of classes – swimming, martial arts, art, dancing, writing, acting, etc. I remember the days when I joined the boys and also enrolled in some classes myself. I was their “classmate” in their kickboxing…

Why do stocks give the highest returns among all asset classes in the long run? (Explain to me as if I were a 7-year old Series #3)

April 13, 2016
Financial Wellbeing

Last week I shared a story about my youngest son and how he, while in his early grades, articulated why it’s okay for children to be heavily invested in the stock market…

Why should our young kids be invested in the stock market? (Explain to me as if I were a 7-year old Series #2)

April 6, 2016
Financial Wellbeing, Videos

Because we know that the stock market gives the best returns over the long term, we started investing the money of our children (angpaos and other cash gifts received) since they were babies…

Money Lessons From Mommy

March 18, 2016
Financial Wellbeing

Today I wish to honor my mother Josefa Guerrero Maquera Fres. It’s not Mother’s Day today but it is my mother’s day as she celebrates her 86th birthday today.

Mamang has a strong personality and yet she manages to be a very sweet and loving wife…

Mental Accounting (The Psychology of Money Series*)

March 2, 2016
Behavioral Economics, Financial Wellbeing

Question: What is your opinion on how to handle “once in a blue moon” or irregular income – e.g. from commercials, speaking engagements, contest prizes, award money? How much of it should you save? How much should you spend?…