Marista's Cuba Blog 4 OF THE BIGGEST FINANCIAL PROBLEMS FOR MILLENNIALS

4 OF THE BIGGEST FINANCIAL PROBLEMS FOR MILLENNIALS


4 OF THE BIGGEST FINANCIAL PROBLEMS FOR MILLENNIALS – AND HOW THEY ARE COPING WITH THEM

Matt Logan|2018If you are a Millennial, odds are you are struggling on one or more financial fronts. Millennials, defined as those born between 1981 and 1996, face a number of financial obstacles that are unique to their generation. What other generations sometimes fail to realize is that these difficulties are not caused by poor judgement or slack work habits on the part of the Millennials, but are instead the direct result of entering the workforce during or after the Great Recession.Here’s a look at four of thebiggest financial problems for Millennials, and the ways they are coping with these challenges:

Image Credit:Smart Asset

High housing prices

The price of home ownership has risen sharply for Millennials compared with past generations. The cost of buying a home has increased 73% from 1960 to 2000 (when adjusted for inflation). A report bySmart Assetfound that home prices are so much higher than average income in some cities that it can take almost a decade to save for a down payment.

How Millennials are coping:Home ownership among Millennials is at an all-time low, according toNBC News. Millennials are delaying purchasing a home, along with other life changes such as marriage and parenthood, in large part due to their financial burdens.

Image Credit:Pew Research Center

Soaring rent costs

Millennials entering the workforce face the highest rents of any generation.Zillowreports that the current average rent in the United States is $1,600, while Gen Xers paid just $850 at the same life stage, according toStudent Loan Hero.

How Millennials are coping:As a result of soaring rent costs and otherMillennial financial challenges, more young adults live at home than at any time since the 1940s, aPew Research Center Analysisfound.In 2014, 18- to 34 year olds were more likely to be living in their parents’ home than with a spouse or partner in their own household.

Image Credit:Business Insider

Crushing cost of a college education

The cost of attending a 4-year private college has more than doubled over the past 30 years, according to the College Board. Costs at public institutions have increased even more, more than tripling from 1988 to 2018.

How Millennials are coping:The high cost of college has left many Millennials with a steep burden of student loans.Business Insiderreports that Millennials who took student loans graduate with more than $17,000 in student loan debt on average. Graduates in the Northeast tend to carry even more debt, averaging as much as $27,000 in student loans.

Image Credit:GoBankingRates

Looming Social Security deficits

Social Security benefits for Millennials are expected to be just 75% of what retirees are paid now. If funding decreases occur as predicted, the average monthly payment in 31 years would be just $1,908. This would leave Millennial retirees so close to the poverty level they may be unable to pay the basic costs of living unless they have their own savings.

How Millennials are coping:Six out of 10 working Millennials have already begun saving for retirement, according to a report byWells Fargo. Millennials will need to save significantly more than workers in past generations, however.Timereports that with inflation rates of 2% per year, $1 million in retirement savings will be worth just $453,000 in today’s dollars and buy less than $2,500 of monthly income for life.

There is some good news when it comes toMillennials and personal finance. Because of compound interest, a Millennial who starts saving 15% of annual income at age 25 will have enough to retire by age 67.If you are a Millennial who would like some help dealing with the financial challenges you face, reach out to financial advisor Matt Logan atwww.MattLoganInc.comor call at (336) 540-9700. We can help you devise a livable financial plan that will allow you to meet your financial goals, including paying off debt and saving for a down payment, while still saving for retirement.

Matt Logan is a Representative with Matt Logan Inc and Summit Brokerage and may be reached athttp://www.mattloganinc.com/, 336-540-9700 ormatt@mattloganinc.com.

Matt Logan Inc. is an independent firm with Securities offered through Summit Brokerage Services, Inc., MemberFINRA,SIPC. Advisory services offered through Summit Financial Group Inc., a Registered Investment Advisor. Summit Brokerage Services, Inc., its affiliates and Matt Logan Inc. do not give tax or legal advice. You should consult an experienced professional regarding the tax consequences of a specific transaction. These are the views of Matt Logan Inc, and not necessarily those of Summit Brokerage Services, Inc. and any of its affiliates and should not be construed as investment advice

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What Is English Enrichment?What Is English Enrichment?

Do you want your child to improve their English language skills?

English enrichment programmes are designed to help students improve their reading, writing, and speaking skills. Class formats are more versatile compared to traditional classes. 

Instructors use different approaches to ensure that students make the most of the programme. While the end result is also focused on the child becoming better in English, the experience is much more relaxed. 

An enrichment programme centre in Singapore, for instance, may use the self-learning approach instead of the spoon-fed style. Students become the masters of their learning experience. 

Instead of merely listening to the instructors as they explain concepts, students get to work on their assignments on their own. They get to study at their own pace and try to complete challenging worksheets. They develop self-learning skills and a sense of responsibility.

But, of course, the specific steps in a programme vary depending on the subject and the students. 

Bringing out a child’s potential

Usually, when you enroll your child in an English Enrichment programme, the centre doesn’t focus on age alone. Worksheets and activities are instead based on a child’s skills. Students may be of the same age but that doesn’t mean they receive the exact set of homework. 

This is beneficial as it ensures that children receive the support they need. They’re not rushed in the sense that they don’t have to ‘keep up with the rest of the class. They progress within their abilities, which later on improves, as they proceed with the programme. 

Before starting the English Enrichment class or programme in Singapore, instructors may ask to meet you and your child. They assess your child and also provide orientation for parents or guardians. 

The goal is to make the entire experience as simple as possible. Fun is an important part of each programme and students are guided so they’ll grow a love for learning English. 

Common features of English Enrichment programmes

Here are a few of the common features of English Enrichment programmes:

  • Word association. Young children are taught basic words and their meanings. Repetition is used to help students become familiar with these new words, phrases, or sentences. Instructors ask students to recite words, which they also show in written form. The use of images or actual objects helps make the session more interesting for the naturally curious students. 
  • Reading and writing. Again, the worksheets vary depending on the student’s skill level. To start, instructors may ask students to trace and copy letters. They may also read aloud words and sentences to show students the proper pronunciation.
  • Silent reading. For older students who already know how to read, instructors may include silent reading activities in their programme. They may also be asked to compose short sentences on their own. The sentences or reading materials may become more complex as the students move further into the programme.
  • Summarisation. As students become better readers, they may also be asked to summarise passages or stories. They may also analyse and comment on reading materials.

At the end of the English Enrichment programme, students become more confident and independent as learners. You might not have to be beside them anymore while they answer their worksheets. 

Overall, you’ll see that English Enrichment centres in Singapore use different strategies, so choose what you feel works best for you and your child. 

What are the Benefits of Enrolling in IB Courses?What are the Benefits of Enrolling in IB Courses?

The IB curriculum is an international curriculum developed by the International Baccalaureate Organization (IBO). It is designed and intended for students from 3-19 years old and is used in more than 140 countries worldwide. 

What’s more interesting is that this rigorous curriculum focuses on holistically developing a child, not just their academic or technical skills. Of course, this means that students will learn about global citizenship and community service as they learn their academics. But, aside from that, do you ever wonder about other benefits you could get from taking IB courses?

The Benefits of Each IB Course

The best thing about the IB curriculum is that there are different courses you can take depending on your interest and age while matching your qualifications. And to be more specific, we want you to see the list of courses together with their aims and missions that could benefit you in the end.

  1. IB Primary Years Program

The International Baccalaureate Primary Years Program, or IBPYP, is an educational program that helps prepare students to succeed in their later years of schooling. It’s designed for students ages 3-12, focusing on three core concepts: language arts, social studies, mathematics, science and technology, and the arts.

With this course, you can enjoy the following benefits.

  • Offers you a great and strong knowledge and skills foundation at the very beginning. 
  • Prepares you and your future by teaching you the foundations you need.
  • Easy to understand subjects and preparations intended for young learners.
  1. IB Middle Years Program

The IB Middle Years Programme, known as IBMYP is an academically rigorous, internationally recognized course of study for students aged 11 to 16. The curriculum focuses on intellectual, social, emotional, and physical development and includes interdisciplinary activities that encourage a holistic approach to learning.

With this Middle Years Program, you can be a well-rounded, globally-minded student. This course will also encourage your critical thinking, creativity, and communication skills from an international perspective. You’ll encounter subjects ranging from language to science, mathematics, arts, and personal project.

  1. IB Diploma Program

The International Baccalaureate Diploma Program, also known as IBDP, is a two-year pre-university curriculum that prepares students to succeed at and outside the university in their coming years.

There are many benefits to being part of the IB Diploma Program, including:

  • A challenging academic curriculum that prepares you for university and your future career.
  • A focus on improving well-being through personal development, community service, and action research projects.
  • A wide range of elective courses across various disciplines allows you to discover your forte and passion.

All these IB courses could be overwhelming at first, especially if this is your first time. But the good news here is that there are ib online tutors who can help you find the right course and let you enjoy the maximum benefits of your chosen course.

Leverage your IB learning through a private tutor!

Each IB course has its benefits. But if there’s a common denominator about these benefits, it’s the fact that the IB curriculum, together with its courses and subjects, can train and improve you holistically. Moreover, if you want to take IB as an opportunity to improve yourself, then getting a private tutor can leverage this by giving you the help you need throughout your journey. Private IB tutors are trained and have proven expertise in guiding and assisting you before, during, and after your learning process.

The best way to Make More PR Agencies By Doing Much lessThe best way to Make More PR Agencies By Doing Much less

As it helps them to better themselves this social media tool is helpful for maintaining value. Most businesses spend to find out what people say on the web about them, social tools help them in monitoring their position in the market as well as maintaining brand value. The World Wide Web is a vast universe of information, data, conversation, images, videos and other interactions. Strategies involved in marketing a brand can help businesses in the web world. There are billions of people all over the world that regularly use social networking sites. Social networking sites like Facebook, Twitter and LinkedIn showcase profiles of many brands and companies. There are companies and even business sectors that have experienced a boost in their revenues since Internet has been introduced. For more information visit us at LawlorMediaGroup.com

What is PR agency?

Sometimes damage control by PR professionals can make things even worse. Even individuals are finding great success with social media and are recognized as social media marketers. It helps you track the success of a product launch or PR efforts, identify industry influencers who might help you, and spy on the competition, to name a few. His posture was Napoleonic and each time he would mention one of the attendees by name they would crumble and blush like the child of a father praising them for a job well done. With Google Alerts, you can input keywords that are related to your business and be notified via email or text message whenever any online news is indexed that contains your business’s name. Read more: https://www.lawlormediagroup.com/pr-agency/

Hiring experts from an online reputation management service can also serve the purpose. They serve as a connector between you and your customer and they help increase client retention significantly. Effective resolutions not only improve overall engagement; they increase consumer trust. Trust: Many people trust business or brand with a good online reputation. The opportunity is clear: online reputation management is essential practice for your local business clients to get consumers in their door and let them make the sale. As these tools engage people, they locate potential clients for businesses. If you allow people to continue posting negative comments you may lose your clients to your competitors in the market.

So while you may already have created content around such popular terms (e.g., “you vs. Wherever they may be sourced from, these misleading statements can have a devastating impact on your firm’s sales and profits. In order to ensure that your brand does not receive any misrepresentation or negative comments, hiring professionals who engage in online reputation management service, can help mitigate damage done by slander and negative commentaries. The basic attribute that one should posses in order to grow in the social media sector is to have interest towards it. They have to be aware of the importance of the job.

How much does PR cost?

An HRIS allows easy access to information that could be useful during a crisis, such as which employees have first aid training, who to contact in case of an emergency, and employee counts by department or location. Most information available in the early stages of crisis is fragmentary, contradictory, and unreliable. If you use the service you can get commendable information at a very affordable price. So, maybe you’re interacting on Facebook Messenger, but you can point folks to review you on Angi or Capterra. If you’re looking to work in the profession of crisis management, this book is an absolute must-read. Note that these reviews will often appear directly in search engine results pages when a searcher is looking for your business or related services.

By keyword search and other SEO methods, ORM companies can keep a track of what is being said about your brand on blogs, forum, social networks, news searches and standard searches etc. Consumer reviews and traditional websites are also monitored for negative content. And yes, this includes both positive and negative reviews. Using ways to win over critics with free products or discounts and other incentives can be a useful ploy to reduce the negative feedback. It helps businesses to identify people who can be important to their business. This makes the business owners much more eager to advertise their brands on social networks. You can also try and spend time on social networking, at least for an hour a day. Make sure you use every opportunity possible to get a quality backlink – for instance, if your CEO is speaking at a conference, try to get a backlink in the press release for the speech.

They will make sure that regular updates are posted on the profiles. How long will reputation management take? It does not take up a significant amount of time to publish damaging stories in traditional media, such as television, print, as well as radio. If you deliver a speech, and you only take the time to point out the benefits to them, and how it benefits them, they will remember what you said. The agency doesn’t require any long-term contracts, working instead on a month-to-month basis, which allows the flexibility to change strategies at any time. Get in touch with an expert and reliable online reputation management service and ensure long working relations with timely and budget-friendly services.

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