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Digital Disruption to Financial Parenting

Good money habits from decades ago are still good money habits we want our children to cultivate today. However, technology has changed the way society view and use money. This, in turn, has caused a digital disruption to our financial parenting. Money: Same concept – past, present and future Money has always been a mechanism of exchange. Whether it existed in the form of notes and coins or seashells or tulips, the fundamental concept of money is that it is an exchange
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Did you make your bed today?

According to research, 59% of you will say ‘No’. 27% will say ‘Yes’. The rest will have paid someone else to do it for them. What if I told you that many great leaders make their own beds? Will this change what you do tomorrow? I am a busy person. That was what I used to say. Because it made me sound important – important people are always busy, right? Actually, no. Being busy is a choice. Just like choosing
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Qualifications and certifications not required

Qualifications, certifications, their origin and the way it was Qualifications and certifications have become synonymous with quality. Before we trust those to serve us, we look for their tertiary qualifications or certifications for reassurance. Service providers also wave pieces of qualification and certification around to give the perception of credibility. It would appear that almost anything can be certified these days. I was surprised that there are organisations to certify home organisation, candle making, public speaking, etc. Society has become accustomed
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How to achieve a 70% saving rate of your income

The origin of the 70% saving rate In the financial planning world, there is a consensus that everyone should have a saving rate for their income. Where there is deviation is the question of how much. More precisely, what percentage of our income should we save? The latter question is more difficult because it depends on how long we anticipate living and how much we will need to spend in the future. The amount we anticipate spending in the future,
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Presents: when others don’t co-operate

Presents is one of those practices that fit the saying “Damned if you do, damned if you don’t.” People used to love receiving presents. Remember The Sound of Music song about brown paper packages tied up in strings? But now it is a common problem for parents in developed countries. If we allow people to bring presents to a birthday party, we have to deal with the storage and environmental problems of receiving too many presents (damned if we do). If we
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