Tips on Educating Children About Finances with the Help of HCR Wealth Advisors

Children need to be taught about finances and money so that they have the required preparation when it comes to adulthood. Some parents are afraid of initiating financial discussions because they feel that the kids will not be interested and sometimes they don’t know the right age to start introducing financial topics. However, the earlier the kid learns all they need to know when it comes to money, the more likely they will be able to make reliable financial decision in their adult life. That is the reason why HCR Wealth Advisors, a registered investment advisory firm, recommends parents begin financial training early in a child’s life. Below are some of the tips that HCR Wealth Advisors posted to help parents educate kids about finance and money.

Reward Them with Allowance Once They Do the Chores

The first valuable lesson is to teach children that they have to work in order to earn money, it won’t just be handed to them without effort. Once they do the chores around the house and earn an allowance, it will teach them that money has to be earned.

Talk About Budgeting

Once they have earned an allowance, the next lesson that they need to be taught is making a budget. Start off by asking them to come up with the list of things that they need. With that list, they then can budget the money they have to buy their essential expenses. Everyone can benefit from effective budgeting, from a child to a large business, and HCR Wealth Advisors can help create personalized financial strategies for their clients to support this.

The Basics of Investing

Having the necessary knowledge when it comes to investing is a useful skill to cultivate early on in life. If the kids know about investments, then they will understand net worth and use it to their advantage. Teach them all they need to know when it comes to investing and the rewards they can obtain from investing wisely.

HCR Wealth Advisors believes that one of the best gifts that any parent can give their kid is a financial education. That’s why they do their best to encourage parents to educate their kids. HCR Wealth Advisors will keep their clients informed and help them come up with a strategy they can use to reach their financial goals.

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The Golden Star Belongs to Adam Milsten

Adam Milstein is an Israeli- American businessman and philanthropist. As of today, Adam Milstein is a partner with Hager Pacific Properties. Throughout his life, Adam Milstein has been dedicating his time to be a humanitarian and working within the community. Adam Milstein gives back to his community of the pro-Israel Americans because he does not want to see them struggle he wants them to be successful. Adam Milstein has expanded his love for philanthropy by having his foundation. Adam and his wife Gila created the Adam and Gila Milstein Foundation. This foundation discusses issues that are involved within Israel and to encourage people to fight as well as being brave for the upcoming generation. The association also donates free books that are written in Hebrew and information on the values of the Jewish culture. Another organization he has with his wife Gila is called Sifriyat Pajama B`America that gives books to children. Milstein lives by three principles that we help future humanitarians be more productive with philanthropy. The first principles are charitable work is a lifetime labor of love, the second principle is to remain focused, the third law is to put your money where your mouth is. Adam has contributed his time to many organizations that include, the Hasbara Fellowships, Jewish Funders Network, Israel on Campus Coalition, Stand with Us and so many more. For the past couple of years, Milstein along with others created the Campus Maccabees summit. The summit is helping in defending against hate groups that spread Anti-Semitism and other hate on college campuses. Milstein continues to strive to do his best every day by putting his best foot forward. The hard work and the dedication that Milstein sets in his life show just how outstanding he is in the community. Milstein continues to be an inspiration and a beacon of light in his community.

New York City Real Estate Expo Cast Bright Future Over The City

The NYC Apartment for rent Expo forecast a bright future for real estate and leasing in 2016, with expo panelist, David Greene, president of brokerage services at MHP Real Estate Services, describing market leasing performance as “relentless.” The expo also included a number of analysts and brokers who discussed if the current upswing in the real estate market would continue into 2016.

Ken McCarthy, senior managing director at Cushman & Wakefield, also noted positive changes in the financial services sector. As outlined in the article published by Real Deal he explained financial services in the city are regaining momentum, which is significant. Financial services account for 11% of the New York City workforce. The Soho District was also mentioned as an area of financial growth. Analysts predicted growth, advanced leasing opportunities and real estate sales will continue throughout the first six months of 2016 at least.

The panelists reported any obstacles to growth were related to interest rates and the Federal Reserve. They noted some of that would change, possibly by December, and also described the New York real estate market as not a market of interest to local state and U.S. citizens. It also holds great interest and viability to foreign investors.

This is good news for consumers seeking the home of their dreams, and for real estate companies, such as Town Residential, who lease and sell some of the best homes in New York City. No matter where residents are seeking homes and apartments, or what their neighborhood of choice, Town Residential have listings that range from opulent and luxurious, to those seeking affordable choices. The company offers some of the most unique lofts in the city, with leases in areas such as the financial district, Manhattan, Soho, Greenwich Village, and many others.

Town Residential also offers a number of other fantastic choices, including Fifth Avenue, or 280 St. Marks. St. Mark’s includes townhomes, and penthouses, and Circa offers magical panoramic views of Central Park. Other Town Residential real estate leases include full floor residences, and triplex penthouses. They also offer some of the best agents in the business, with specialized knowledge of New York City and its many unique qualities. Trusted agents can locate consumers the perfect home. Whether individuals are seeking comfort, luxury, or specialized amenities, such as homes with office spaces, inside pools, saunas, or simply a roaring fireplace for cold winter nights, Town Residential have the perfect home.