Hey there, proud parent! If you’re dreaming of a future where your little bundle of joy is not only a smarty-pants but also financially savvy, you’re in the right spot. Let’s talk investing for kids and how to get them started on investing in their financial future (pun intended!). Can a Minor Have a Brokerage […]
Investing for Kids: How to Open a Brokerage Account for Your Child Read More »
In a world where toddlers are tech-savvy and teens can learn just about anything YouTube, giving kids exposure to the stock market can help them learn about investing. Or you might be looking to take advantage of compounding effects and buy stocks for a minor that is under 18. Maybe your child has a little
How to Buy Stock for a Minor Child Read More »
For families, navigating finances can seem like braving uncharted territory with tempestuous waves of bills, mortgages, and unexpected costs. It’s a bit like assembling an IKEA shelf with a missing manual and screws. This comprehensive guide is your North Star, helping you chart your course and start you on the way. We’ll link to other
Financial Freedom for Families: The Ultimate Guide Read More »
In a materialistic and consumerist world, it would be difficult to teach kids discipline in finance if you continue to grapple with your own financial behavior. Did you know that over 44% of Americans do not have a $400 safety net net to help them ride safely through an emergency? Clearly, there is something wrong
Teach Them Young – Introducing Your Kids To Financial Discipline Read More »
Financial independence often brings to mind early retirement, traveling around the world, and lounging on the beach. For us at FamilyFI, financial independence equals – Security Confidence Freedom and Ownership of time Autonomy Choices Minimal Money Stress On all of these counts there’s a spectrum. Maybe you can choose what to do with your time,
Financial Independence With A Family: What Is It? Read More »
Expat Living Living in 5 countries, including some of the most expensive cities in the world, can really mess with your mental money framework. In Hong Kong, expats barely bat an eye at spending a few thousand dollars on rent (for a 650 square foot apartment). My ex-coworker spent $10,000 (USD) on an apartment per
Family Living Costs In 5 Major Cities Around The World Read More »
My immigrant family was, ever resourceful, ever willing to skimp to save money. These were the habits that formed the basis of my adult spending habits, always looking for the best deals and ways to make more money. This Is How We Do It (this is how we dooiiiit) Never Buy Drinks – Drinks have
Frugal Living Tips: Ways Immigrants Save Money Read More »
The number of Americans who need cash flow they just don’t have is quite sobering. According to a bankrate survey, only 39% of Americans have enough savings to cover a $1,000 emergency, despite 34% of households having a major unexpected expense over the course of a year. A solid 12% of folks have to borrow
How To Borrow Or Lend Money To Family Or Friends Read More »
Thanks to Covid-19, it’s easier than ever to work from home. Whether you prefer online jobs, baking in your kitchen, or freelancing on the side, stay-at-home business opportunities abound. The rise of WFH has also contributed to a rise in WFH moms: a fusion of traditional stay-at-home parents and working parents. But starting a stay-at-home mom
Starting a Stay-at-Home Business: Tips for Success Read More »
Here’s a question: if you were to be paid for every job you do as a parent, just how much would you be earning? Though we believe the price of a parents’ job is priceless, to find out, Funky Pigeon have created a calculator to tell you exactly what you could be earning. They’ve analysed
How Much A Stay At Home Mom Is Worth Read More »
There are different functions of money. One is as a medium of exchange and another is as a store of value. And in the modern world today, our money fulfills only the first function. Dollars are a great medium of exchange, anywhere from Brooklyn to Phnom Penh. Even when countries as far-flung as Qatar and
Unique Ways To Store Multi-Generational Wealth That Have Lasted Read More »
When my first child was 2 months, we left sunny California to return to vibrant but smoggy Hong Kong. I’d spent the better part of the prior decade there, chasing dreams and stashing away cash for a return to the states. Giving birth in Hong Kong had been an option, and we’d had friends spend
Digital Nomad Pregnancy: Trying To Get And Stay Pregnant in 3 Countries Read More »
