We often reduce financial education down to the age-old rules of budgeting, and we might teach our children to save up money to buy what they want. Sometimes we suggest that they start ventures like a lemonade stand or lawn-mowing business to make more money.
Read MoreWith technology changing the face of online shopping, we are becoming avid shoppers through our smart devices. Statistics say that around 70% of smartphone users make use of online payment options while purchasing anything on the Internet for ease of payment. Be it ordering food or booking an itinerary, booking a cab or recharging a pre-paid card, everything seems possible with the click of our fingers.
Read MoreTo prioritize your purchases, start with needs and secured debts and move to wants and unsecured debts. Use this list to give direction to your spending.
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