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 a...
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 be uncomfortable, but it also builds trust. You’ll be able to anticipate and deal with potential sources of conflict before they turn into issues. Next time you sit down to dinner, prepare yourself to have the money talk, and pick from these twelve points of conversation!
Discuss your current income. Set aside your table manners aside and a...
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 the game. Monopoly
is not only a fun way to learn about money management, but it is also a
great game to learn about real estate investing.
The Financial Football
puts the players’ financial knowledge to the test in an online