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Added on the 17/02/2017 17:13:34 - Copyright : DailyTelegraph
The WHO Director General Tedros Adhanom Ghebreyesus urges wealthy countries to stop vaccinating children against Covid-19 and instead donate doses to poorer nations. SOUNDBITE
Ramit Sethi is the author of 'I Will Teach You To Be Rich,' and its associated courses and seminars. His material is wildly popular, and provides many techniques for building wealth. Some focus on entrepreneurship, and others focus on investment. One reader, Sunny Shah, built his own savings and investment portfolio by using just two techniques Sethi suggests. According to Business Insider, he first used the pay-yourself-first strategy to prioritize saving. Shah scheduled his deposits to his savings and investment accounts even before payments for household bills or discretionary spending. And he used a dollar-cost averaging strategy to save for retirement and other long-term goals, investing the same amount each month automatically. Now just 25 years old, Shah's savings and investment portfolio has surpassed the $100,000 mark!
Financial planners do know quite a bit about money, generally speaking. But even they get surprised sometimes by unexpected costs. And according to Business Insider, financial planners say first-time parenthood is a minefield for such unexpected financial demands. To begin with, just giving birth is an expensive practice. For a woman with insurance, the average birth costs $10,808 without any complications. Once baby arrives, your food bill will go up. A lot. Formula is expensive, especially if baby has special dietary needs. Kiddie meals at restaurants aren't that cheap, either. And teen boys are walking refrigerator-inhalers! And public school isn't really free. School supplies, books, uniforms, sports equipment--the list is endless. Keeping kids engaged and learning after school isn't free, either. Lessons, scouting, clubs, summer camps, family vacations all cost a very pretty penny! Finally, medical care and daycare costs for children can drive parents to distraction. You've been warned!