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Hi All, Amex is offering 14 fix, ctc-16 . Should i accept it? Pls guide From Infosys for 11 fix, ctc-13.5 . Skill- data Governance Which will be better to join considering growth and learning. Infy manager told they have onsite opportunities Cctc- 7lpa, yoe-3.2 Infosys Limited Tata Consultancy Amex American Express
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Never spend more than you make.
Get a credit card, put everything on it and pay it off when the bill comes. This help them build their credit score.
When my kids started driving, I added them on my credit card. They had to do the grocery shopping with a list and use their card.
The importance of investing automatically, and early. Explain the power of compound growth in real, tangible numbers. And talk about emergency savings as a tool and a means to freedom.
I would say teach them about a 401k and saving for retirement. I wish someone had talked to me about that when I was younger. I should have started saving for retirement sooner.
Pro
I’m not sure their job has a 401k option, but I definitely see the value in getting him set up with an IRA.
Pro
Personally I think saving is the most important. It’s all well and good investing etc but I think learning how to split your money is one of the basics we should all know