No question: the 2020 school year will be a novel experience for children, parents and school staff. Stay financially prepared for whatever is ahead by considering the costs for both in-person and virtual learning and building your budget early.
Successfully navigating your personal finances is challenging in the best of times but figuring out how to manage your money during a pandemic can be especially difficult.
While you should always try to make informed financial decisions, it’s especially important to understand the impact of financial education during each life stage.
The illusion of control is the tendency for people to overestimate their ability to control events. To achieve superior lifetime investment performance, we need to focus on the three elements we do control: savings, asset allocation, and our own investing behavior.
