Posts tagged "Teen Money"

Fun or Funds?!

Group Budget – Ok, so it’s no secret that being a student doesn’t automatically make you rich. So instead of trying to impress your friends with what you can buy just be honest that you want to be mindful on your spending habits.  Creating a budget of what the group wants to spend takes the pressure off of everyone!tumblr_nn0eztPCrp1qm6yoeo1_500

tumblr_nn0eztPCrp1qm6yoeo2_500

 (Tumblr Image)

 Free Finds- Umm summer is right around the corner and you know exactly what that means, right? Free everything! Ok,  maybe not everything but festivals, concerts, BBQ’s … you get our drift. So do your research and find fun places to that are kind to your pockets.

tumblr_ncv9hcfuI81tqyu86o1_1280

(Tumblr)

Girls Night In- Sometimes it’s better to just stay in rather than being on the scene. Resetting , chatting + veggin’  out are all perfect ways to chill out and catch up with your besties. Who doesn’t love comfy girl talk?

 tumblr_muzo0oBiMj1s73tioo1_500

(Tumblr)

SWAP over SHOP!- Shopping! Yes, we all wish we had an unlimited amount to spend on new trends each season! Hmmm so instead of shopping you should have a swap out with your friends. You know  your friend’s cute necklace that you’re always gagging over  and your statement ring she raves about …just swap it out. Time to trade!

 giphy

Happy savings, babes!

Please share:
0

The $ Remix!

0 comments

Finance, Latest | by — March 24, 2014

Tags: ,

Ok so we’re officially in spring and that means hot spring & summer sales! Ok, before we all get too excited lets’ bring it back for a little bit. I know money is something we all love to spend but hmmm maybe not so much manage. Here are a couple tips that will have you not just rockin’ a fly clutch but making sure it is full as well!money6

Vision Board– Just a little reminder. The best way to see and to reach a savings goal is to visually see it. So whatever you’re saving for cut out a picture and put it on your wall or bulletin board. This way you’ll be constantly reminded of why you need to save and much more careful of what you spend your money on.

Rainy Days– Yes, we would love to live in a perfect world where we know what would happen next but unfortunately we don’t (at least it keeps life exciting, right?). Anyways let’s jump back on track. So you never know what can happen and yes that includes unexpected expenses. I know looking at your checks you feel like you don’t have enough money to save, well you’re wrong. You do not have to put hundreds in the bank a week, just put what you can afford. Instead of agreeing on an amount of what you would save because your check changes every week, agree on a percentage. So let’s say every two weeks you put 10% of your check. Trust me…it adds up!

“You Can’t Touch This”– Just like MC Hammer said as he rocked the stage same goes with you and your savings account. As excited as you get by how much you are savings you have after couple of months, make sure you do not touch it. And if you do it has to be in emergency situations in which the savings were made for! Oh and let me get one thing clear the shoe sale at the boutique does not quite make the cut!! I know it may seem like self torture now but you will thank me for this later

Score! It’s A Goal– Once you get in the habit of tracking what you spend (I promise it won’t seem like a chore after awhile) you can begin setting goals for yourself. You’ll begin to see and notice spending patterns you have within yourself. You can slowly begin to cut back on what you notice what you spend a lot of money on. And each week you should have atleast one goal. If it’s bringing your lunch or cutting back on your destinations to not go over your gas money, it will all help at the end.

-C.O.R.E Fam

Please share:
0

Let’s Get Personal!

Check out Courtney Hale as he schools you on Personal Capital—–>

PersonalCapital from Courtney Hale on Vimeo.

Please share:
0

Time To Kick It?

0 comments

Finance, Latest | by — February 11, 2014

Tags: ,

Being a fly teenage has pressures that only one could imagine. Not only do you deal with the expectations from every adult in your life but also social pressures from others around you and yes that includes keeping up with the latest of everything. From technology to fashion, it’s as if the walls are closing in second by second to ensure yourself you stay current! Well, well do not pull out your hair stressing on how to save, that’s what we’

tumblr_n0qm10DqDm1slyd6qo1_400

re here for! Check out some ways how you save and make that dollar stretch!

Company You Keep– Ok so you know how the say “watch the company you keep?” Well, you know it’s a true statement in regards shopping buddies as well. If you know that it’s difficult for you to say the word “no” when it comes to shopping, watch the shopping buddy who joins you. If your friend constantly is swiping left and right, she’s more than likely is going to want you do the same and this is where pressure comes into play when dealing with unnecessary spending. So the next time you going to shop for something specific bring a laid back friend or just hit the boutique by yourself. Sometimes shopping solo is the best way too! Less stress, less opinions and no pressures!

Weekend Fun??– Give yourself a weekend budget in order to not over spend. Sooo headed to the movies?? Have a pitch in meal before you go! The money you guys spend on individual snacks you could have a hefty feast between the 4 of you guys! So instead of spending 20 bucks you guys can have taco night for the whole night.Also as a new driver you’re just realizing why your mom would silently curse to herself each time she passes a gas station…because it is no where near cheap to drive! So instead of driving aimlessly around the city have a set map of your stops so you can cut down on gas money also

Refocus!! -Ok, I know the fact that your parents wouldn’t give you money to buy the $150.00 pair of shoes that everybody has made you feel like the end of the world is here. But I’m going to let you in on a little a secret…life goes on. I know your day to day let downs seem never ending and although you should live for today you should still plan for tomorrow as well. So even though it may seem like everybody else is keeping up on the latest trends, saving and setting money to the side is more fulfilling. So even though you may not have every latest thing, once you head off to college you will have enough money aside to not only easily pay for your books but to have a comfortable amount to live on and not scraping last minute. Just saying.

 

Please share:
0

“What Ya Workin Wit?”

You often see me refer to The Knowledge Bank’s Four Core Values of sound money management which are Work, Budget, Save and Give. In most of my writings and workshops, the middle two values, “Budget” and “Save”, get most of the attention, but today I finally have an opportunity to focus on the core value “Work.” Did you know that many females struggle balancing their careers and personal life while battling issues like salary inequality and corporate discrimination? According to Bloomberg Businessweek, women make 82% of what men make. In addition, women often have many internal battles about whether or not they are capable of fulfilling their womanly duties while working a fulltime job. The relationship between women and their careers is more comparable to algebra than to arithmetic. There are many factors that females must consider as they prioritize the value of working in their lives. The struggle hit mainstream media outlets a couple weeks ago with the announcement by Yahoo CEO, Marissa Mayer that the company would ban telecommuting, which allows people to work from home as opposed to driving into the office.  Telecommuting is convenient for women because it allows them to balance their commitments at home with their commitments at work. Pair the controversial decision at Yahoo with the release of “Lean In”, the book by Facebook COO Sheryl Sandberg, the first half of March has been an awakening of the feminist movement. So what’s the problem?

_XCL2986“Lean In” is Sandberg’s personal testimony about how she climbed the corporate ladder and how she overcame the personal insecurities of being a woman in the male-dominated tech industry. Mayer and Sandberg, being executives at two of the most recognizable companies in America, have the platform to address the issues of inequality and discrimination against women in corporate America, but many critics feel that the two have not used their positions to the benefit of the plight of women. Critics believe that Mayer set, not only women, but corporate culture back 10 years by banning telecommuting. Sandberg is criticized for almost suggesting that women’s perceived inferiority in the workplace is because of their lack of effort and focus. I bet you never thought working could be so complicated past the normal strains of the job itself. But don’t fret. I’m going to give you some advice that should alleviate some of the pressure that females face as they make tough personal and career decisions.

Much of the drama related to the issues above relate to the predetermined notions of what women should be and what women should do once they get in positions of power. It’s nothing but adult peer pressure. You deal with adult peer pressure the same ways you deal with peer pressure as a child. Know who you are, be true to yourself and make your own choices. Set goals and identify your likes and dislikes. Figure out how your career aspirations affect the goals you have set for your personal life. Some women are ok with working 40 hours a week and not having a husband or kids. Some women are ok with working 40 hours a week with a husband and kids, relying on outside help from family members or nannies to assist with the duties at home. Some women don’t want to work at all and allow their husbands to support the family financially. All three of these scenarios are acceptable on the condition that they align with your personal values. Don’t ever let anyone affect your ability to make your paper. If it’s legit and admirable, keep putting in “Work” because budgeting, saving and giving can’t happen on their own.

-C.Hale
Like Us on Facebook at www.facebook.com/theknowledgebanknashville
Follow us on twitter @theknowledgebnk
Follow us on Instagram @theknowledgebank

Please share:
0