As you’ve undoubtedly witnessed with your kid’s spending, having skin in the game yields much more careful and appreciative behavior. Spending Mom’s or Dad’s money is easy. Spending your own? Not so much.
The same holds when it comes to paying for college. A kid who pays her own way is much more ...
The world is becoming more digital. Just look around you, and most people have multiple devices even when they shouldn’t such as congressional members or when they should such as when they are running a marathon to keep focused and on pace. Is it that these devices are so ingrained in our culture that we do not even notice them, or is it that we have become more detached than ever before? For example, the spring season marks the beginning for many things includin...
The right money habits can transform lives and futures. It does not matter how much you have to start.
So, parents, take the following 4 easy steps over a four week period and start the process of teaching your kids great money habits! It is a super way to begin a child’s financial education and get them on the path to financial independence. The strategy and resources ...
If you have a child or are expecting at some point, your thoughts turn to planning for their future. One of the biggest challenges, parents face when thinking about their child’s future is how to pay for the ever increasing cost of college. According to the National Center for Education Statistics undergraduate price of tuition, room and board at public universities rose 40 percent between 2001 & 2012.
One of the best things any parent can do to ease the cost of college is by saving through a college savings plan such as the 529.
Congress created 529...
Can you imagine tandem skydiving with your loved one, jumping from the plane with each assuming the other had brought the parachute?
Jumping into marriage without having the money talk first may not be quite that perilous, but can lead to a really rough landing, one that threatens your marital bliss. So when it comes to your financial situation, make sure the shoot is going to open.
That means laying it all out and checking things over. Sure, exposing your financial history and aspirations can b...
Learning about finances can be
intimidating and let’s face it, sometimes just boring. Have some fun
with these five games that teach children about budgeting and money
The board game Monopoly provides several teachable opportunities for
money management. Each player maintains an account register to record
each payment for rent or fines paid, properties purchased, as well as
deposits of rent or cash received. Players also learn about borrowing
when they elect mortgaged properties. The player with the most cash in
the bank, properties owned and highest net worth wins ...