Ten Real-Life Steps for Teaching Money Management
Teaching your teens money management skills, such as how to stick to a budget and save money, is essential training for when they’re older. When your teens get older, giving them a weekly allowance may no longer make sense, as they want and need more control over what they buy. Often, their purchases are big-ticket [...]
Teach Your Kids Money Management Skills: Just Say No
As parents, we want what’s best for our children. But the best thing for our kids isn’t always what they want—or, at least, it isn’t always getting them what they want right when they want it. Before you give in to your child’s whim, buying the latest toys or clothes, stop and think about some [...]
Three Ways to Avoid Taking Out Student Loans
The cost of college keeps rising, and many students are turning to student loans to help them afford their schooling. Unfortunately, this means many graduate with crushing debt. In fact, with outstanding student loans surpassing $1 trillion, many are questioning whether a college education is worth the high costs. Fortunately, with some planning, it’s possible [...]
Personal Finance Advice: Get Your Financial Life Organized
There are many financial obligations that can clutter up your financial life. From the junk mail pushing the latest credit card offer to the checks you write to pay bills, the financial chaos can start to weigh you down. A piece of personal finance advice: To get back on track, you may want to begin [...]
Four Steps to Handling Personal Finances After a Spouse’s Death
No one can prepare you for the emotional upheaval that results when you go from being part of a couple to suddenly single. There is a period of grief that may be different for each person. Here is some personal finance advice that may help you get back in the driver’s seat of your life after [...]