First Metro Asset Management Inc

How to Teach Children to Save

Early on in life, most children usually view money in very simple terms.  To them, it’s basically what people pay to buy stuff.  It hardly registers in their minds that money is a limited commodity; they just tend to think that mommy and daddy have an endless supply of it.  Eventually, they will get the chance to find out what it is like to earn money when they start to receive their allowances from their parents.  As they experience plunking their earnings into their piggy banks or opening their first bank account, they will need guidance in understanding the importance of saving money.

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How to Get More Out of Your Limited Salary

What do you do if you have a low-paying job that doesn’t leave you much money to live on?  The easy answer would be to go look for a better-paying job.  But if you’re stuck with your current occupation, and your poor paycheck barely covers your living expenses, here are a few steps you can take to make the most out of your small salary.

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Securing the Future of Your Special Child

If you are raising a special child, you know that you have to invest a lot of time, care and attention in order to see to your child’s well-being.  Aside from his personal and emotional needs, preparations would also have to be made regarding his education and medical needs.  However, the financial costs of such special care can be very high.  And unlike a regular child, a child with special needs often has to be supported for the rest of his life.  Thus, a major concern for parents of special children is how to make sure that their kids are well cared for long after they are gone. Fortunately, there are steps that you can take to ensure that your special child’s future remains secure.

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How to Beat the High Cost of College Education

Education is the most valuable gift that you can give your child. However, as with anything of great value, education doesn’t come cheap; particularly the cost of getting your child into a good, reputable college. But parents need not resort to cheap, substandard schooling for their children, or to stop sending them to school altogether. Fortunately, there are some strategies that you can adopt to provide your child with the best quality college education while saving a lot of money at the same time.

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How to Differentiate Needs from Wants

At first, one would think that it’s very easy to distinguish what a person needs from what he wants.  A need is something that is necessary for a person’s survival, while a want is merely what a person desires to have.  It sounds so simple, but that is not always the case.  Sometimes, the line between a need and a want can appear to be so blurred that some people may find it difficult to differentiate one from the other.

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First Metro Asset Management Inc