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Showing posts from June, 2022

Shaun Stenning - Smart Financial Gifts to Give Your Kids This Year

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Shaun Stenning, A Serial Entrepreneur and Investor said, "When you know better, you do better." The earlier that your kids develop good financial habits, the brighter their financial future will be.  With the holidays right around the corner, now is the perfect time to set your sights on one or more of these financial gifts that will help your kids learn about, respect, and appreciate money. 1. Monopoly Since 1935, this classic board game has entertained millions of people around the world. Turns out that playing rounds with "Monopoly money" can actually help build real life financial skills, such as negotiation, money management, and diversification. 2. Custodial investment account Most brokerage firms offer a custodial account that allows children to get a first taste of investing in the stock market under the supervision of a parent or guardian. A custodial investment account is a great way to get your child excited about investing and let them learn from firstha...

Shaun Stenning Reasons Why You Should Start Investing Right Now

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The best time to start investing is right now. You might be telling yourself that you don’t have a lot of extra money to invest when you’re in your 20s but remember, it is you who has a very valuable asset within your reach, and that’s time.  According to Shaun Stenning , “If you don’t invest, you are missing out on opportunities to increase your financial worth. “  “Of course, you have the potential to lose your money in investments, but if you invest wisely, the potential to gain money is higher than if you never invest,” Shaun Stenning said.  By investing early, you give your money a chance to work smarter versus putting out larger amounts of money in later life. If you still need concrete reasons to get it going, we got four major ones for you. Here are the top 5 reasons to invest your money: 1. Grow your money This return allows your money to build, creating wealth over time. 2. Save for retirement Becoming more conservative with your investments as you grow older c...

Shaun Stenning Great Home-Based Side-Business Ideas

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Shaun Stenning said, " Just because you're staying at home watching a little one doesn't mean that you can't make some full-time cash." Being a stay-at-home parent can actually be a fantastic way to earn a living, especially if you can find the right business idea. “Most work-from-home schemes are scams, or pretty close to it. Anyone who asks you to invest $500 (or more) in inventory before you've made a single sale does not have your best interests in mind.” According to Shaun Stenning “If you want to earn money from your home, here's a better idea: Launch a home-based business based on your own skills, creativity, and passions. You will not only increase your income, but you will also discover the deep sense of satisfaction that comes from creating a product or service that other people find useful.” Shaun Stenning said. If you're considering launching your own home-based side-business, consider these popular options. 1. Website Designer If you hav...

Stop Worrying About What You Don't Know and Just Focus on Opportunities - Shaun Stenning

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Making your startup successful has far more to do with what you'll figure out than what you already know. There's a brutal truth in life that some people refuse to accept--you have no control over many of the things that happen in life. According to Shaun Stenning, “Entrepreneurs are ambitious problem solvers. In fact, they're becoming so effective at what they do, incumbent firms have no choice but to stand up and pay attention -- lest an energetic, insurgent start-up takes too big a piece of the pie.” “A critical shift in mindset is at the heart of this success. Today's entrepreneurs are de-emphasizing experience and expertise in favor of pursuing the raw opportunity.” Shaun Stenning said.  The most successful entrepreneurs set their direction based on prevailing opportunity rather than previous experience. The stuff of legend. Jeff Bezos took Amazon.com from his garage to a multi-billion dollar company. He believed "if you decide that you’re going to do only the...