Here are some tips to help get those kids back into the game - without breaking the bank!
Welcome to our May blog. Over the next few months, we are inviting guest bloggers to talk about their passions and ways to impact invest. This month, Hunter Hopcroft, Special Projects Manager for Ellwood Thompson’s, is writing about his work with the nationwide Slow Money movement. Slow Money provides local farmers equitable and nimble access to capital to help them improve their businesses and strengthen our local communities.
So you want to buy a house? Just make sure to take the time to make sure it’s your dream home—not a financial nightmare.
Let’s bust some myths about real estate, shall we?
I’ve worked in the financial services sector for most of my career. For big and small companies, from Wall Street to London to Richmond. The same theme emerges over and over again: Money is not about money – it’s about desire.
We all have painful patterns around money, desires we think money can help us achieve, and money fears and insecurities. But over-spending, over-working, accumulating debt, avoiding reviewing our investment statements – these are just symptoms of a deeper need or desire.
If you’re like many parents, the thought of having a money talk probably sends you into a cold sweat even more than the birds and the bees. But there’s no time to lose – studies have found that kids start absorbing money messages very early on. And while money can’t buy happiness, it’s closely intertwined to a sense of abundance in life.
Every dollar you spend and invest has an impact on you, your family, the environment, our community and to some extent, the world—and the impact can be positive, negative, or somewhere in between. Here's some food for thought on spending and investment choices, as well as a few interesting opportunities and resources to help you use your money for positive impact in our community.