Money & Credit Cards Educational Game for Children

Everyone knows that children are our future. Our role as parents is that we need to put much effort in order to be satisfied with future results. We have been starting to teach our children from their childhood. As they grow up, they need to know more and more and be well grounded in financial world. The statistical data shows that over 5% of youth in the age of 14 use cards on every day purchases and this use has trebled in last years. Credit card institutions also pay much attention to students at the age of 18 and offer them specially issued to make their life easier and allow them to start credit history.
As a consequence, children and students as well need to be taught to use credit cards and money reasonably. But usually parents do not have enough time to spend it with children and educate them. As a parent, you can pay for special lectures or workshops concerning money habits and credit card use or buy specific literature for your child. But modern children are fond of PC and internet and spend much time playing different games down the drain. Today there is one attractive online game that offers fascinating play and will teach them without any help.
What is the aim of the game? It helps to educate college and high school students about credit cards and money basics and their use. Your child may build responsible spending demeanour. This game also rouses the interest in money management and helps children put the study into proper behavior. Moreover, the game takes not much time and if you have a PC at home, you can also save your time without going anywhere to play it. Simply apply online and try credit card use simulator or study money basics.
In what manner? Playing credit card simulator you can choose among with different credit lines and options. You can purchase many products using your card in pretence. The lesson is that you can not exceed credit limit both in the game and real life. If you exceed the limit in the game, you will be notified about that and nothing else. If it happens in daily life, you will be required to pay overpay fees without any notifications. Money basics look like a test. It offers you to answer questions relating to annual fees, interest rates, savings, etc. If you answer falsely, you will receive an explanation and get the right answer. In conclusion you get your credit score.
No doubt, every parent takes care to give the adorable child only the best and may believe that there are more interesting educational methods. This is for you to decide and to choose. Do not lose the chance to interact with your son or daughter if you have free time. Parents and their daily activities are the best examples to show and explain. Luck of knowledge and misunderstandings can be the right pass to late payments, debts or other sad consequences.

Credit repair can be simple and free without embarrassment

From my time spent as a car salesman I’ve noticed that most people dont know what is really on their credit report. Once they actually see it they usually find something that they would like removed, they just dont know how. This is a very common problem. Actually credit repair is pretty simple. You need to remove your negative credit lines and start or continue to build your positive credit with on time payments. It is really that simple.

All you need is some time or a little money and your credit score will be as good as anyone else. First you will need to get your credit report. Once you have it you need to identify the negative credit lines that you want to remove. Here is were you have to decide which one you have more to spare time or money. If you have the time you will need to send a dispute form to the three major credit bureaus. If you need a dispute form I have one available on the link below. They will have thirty days to prove that you owe the debt or they have to remove it from your report. There is close to twenty reasons of dispute so you can do it as many times as necessary. If you dont have the time you will need to pay a professional. They are reasonable at around forty-five dollars a month for the three to four months that you will need. Whichever way you choose you will still need to add good credit to raise your score.

The easiest way to add positive credit lines is with credit cards. All you need is two or three open lines with on time payments and your credit score will raise in four to six months. Just be careful, dont let the credit cards get you into trouble. Leave your cards at home so that you are not tempted to use them. All you want is a low balance that you can make low payments and use it to build your score.

10 Steps To Save Your Retirement

Many of the brightest and hardest-working marketing and advertising people in the country are obsessed with getting you to spend money and, if necessary, to go into debt to do so. Absolutely all the media that reach you every day are designed to get you to spend money. In order to save money in this environment, you will need determination to withstand the constant pressures to spend now.

What is it that separates those who are successful from those who are not?

Successful individuals have a strong personal vision of what they want and why they want it. That vision gives them the strength to stick to their strategies even when doing so is uncomfortable. It gives them the determination to persist when they are discouraged. This is the same characteristic of women entrepreneurs and is the reason their new, small businesses are successful.

The 401k Plan

Today, the 401(k) plan has become the main investment vehicle for working women to save for retirement. But many dont take full advantage of their plan, and this could leave them with a lot less at retirement. Here are some steps we believe you can take to improve and eliminate any retirement worries about whether or not your retirement will be pleasurable or public charity; or whether you will have all the free time to spend with your family or friends.

1. Increase your contributions to the maximum that you can manage. Many women contribute just enough to take advantage of their employers matching contributions, and then they stop. By adding more to your account, beyond the matching contributions, youll end up with more in retirement.

2. Invest at the start of each year instead of taking a little bit out of each paycheck. Nothing in the law says you have to invest in a 401(k) plan a little at a time, from each paycheck. By investing early, youll put your money to work sooner for your benefit.

3. A few years ago it was reported that more than 30 percent of the money in 401(k) plans was invested in money-market funds or similar accounts. For investors nearing retirement, that may be appropriate. But most workers in their 40s and 50s need growth in their retirement investments. Put more of your investment fund in equities and less in money-market funds.

4. Research indicates that over long periods of time, small-company stocks outperform large-company stocks. Since 1926, In the equity part of your portfolio, shift some of your money into funds that invest in small companies. Dont put your entire equity portfolio in small-company stocks. But consider investing at least 25 percent of your U.S. equity investments in that fund.

5. Numerous studies have shown that value stocks outperform growth stocks. According to data going back to 1964, large U.S. value companies had a compound rate of return of 15.1 percent vs. only 11.4 percent for large U.S. growth companies. Among small U.S. companies, the difference was even more striking: a compound return of 17.4 percent for the value stocks vs. 12.1 percent for the growth stocks. Dont put your entire equity portfolio into value stocks. But if theres a value fund available to you, consider investing at least 25 percent of your U.S. equity investments in that fund.

6.Rebalance your portfolio once a year. Your asset allocation plan calls for a certain percentage to be invested in each of several kinds of assets. Rebalancing restores your asset balance and allows for the possibility that last years losers may be this years gainers. Diluting your diversification actually increases risk in your portfolio over time, which is a result thats just the opposite of what most investors want.

7.Without compromising proper asset allocation use the funds in your plan that have the lowest operating expenses. Choose funds with low turnover in their portfolios.

8. Dont borrow or make early withdrawals from your 401(k) unless that is the only way to respond to a life-threatening emergency. Furthermore, if you take an early withdrawal before you are 59.5 years old, your withdrawals will be subject to a 10 percent tax penalty (in addition to regular taxes) unless you are disabled. Just dont do it.

9. If you leave your job, youll get a chance to roll over your 401(k) into an IRA. Take that chance. In an IRA, you have the same tax deferral as a 401(k), and youll have the flexibility to invest in virtually everything you can get in a 401(k), plus much more.

10. Heres the most important thing you can do to maximize your 401(k): Keep your contributions automatically payroll deducted, and make them no matter what. Its simple, but its not easy. Half of the households in the United States have net worth of $25,000 or less. In a typical year, about two-thirds of U.S. households do not save money.

Remember, to be successful, first, imagine your early retirement; the Caribbean condo, the yacht, the new Lexus. Luxury and pleasure as far as your eyes can see. Create a strong vision, and then dont let go. The power of a clear, strong vision applies to more than just your retirement savings. Let your vision shape your life, instead of the other way around, and all of the time in the world can be yours. You wont be spending your Golden Years working at the Golden Arches.