Lifestyle, Marriage & Family

The Warren Buffett way to teach kids about money

Warren Buffet with young people

Warren Buffett is the CEO of Berkshire Hathaway, a multinational conglomerate holding company headquartered in the United States. In the world of investing, he is considered a famous figure. As of December 2020, he has a net worth of over 85.6 billion USD, which puts him in the top five list of the wealthiest people. Teaching your kids about money can be an intimidating task. But grasp a tip or two from Buffett, and maybe it might change your perspective

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Investments

7 Deadly Investment Sins

The definition of INVESTMENT is as follows: it is money committed or property owned that is acquired for future income. It has two main classes namely: fixed income (e.g., bonds or fixed deposits) and variable income (e.g., property ownership). Mark Tier, the author of “The Winning Investment Habits of Warren Buffett & George Soros”, argues that they are seven deadly investment sins that unwary investors make. What is observable with these so-called sins is that they are all irrational investment

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Lifestyle & Hobbies

Be a Smart Consumer: Avoid These 4 Marketing Tricks

To be a smart consumer, you must spend within your needs and not over your means. Marketing or Sales Agents like any other businesses are using the power of persuasion to gain profit. I’m not saying it is a bad thing (personally I think it is a talent), but it may influence the consumers to buy something that is rather unnecessary. On that note, here are 4 Marketing Tricks you shall learn to avoid… 1. Foot-in-the-Door It is a technique

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