Allowances are one of the most hotly debated elements of financial education for kids. In one corner, parents advocate them, because having real money available can make it easier for children to save, spend, give to charity and learn basics…
The statistics about financial literacy are in, and although they vary slightly depending on the source, the general results are not good: The majority of kids show they are interested in and want to learn about money, but they are…
With study after study showing that the majority of kids are woefully behind in terms of understanding and applying financial concepts, it’s no surprise that parents are looking for ways to teach their kids about money. That said, not everyone…
Thirteen may not be the luckiest of numbers but 2013 is certainly a pretty good year to get a good financial footing, in case you’re not much fussy about your finances. The American couples have been saving for 2 purposes,…
Every parent wants their child to succeed, to be comfortable, and some of how people define success and comfort is with financial security. Although there is nothing wrong with wanting your child to have enough, there are good reasons why…
Statistically speaking, it’s not that unusual for a modern family to struggle in the area of budgeting. In fact, in lots of homes, a budget doesn’t even exist. Often, this is because money is extremely tight—what’s the point of budgeting,…
The proverbial Joneses. The family that has everything that everyone wants, that sets the trends everyone wants to follow, that people struggle to mimic. To some degree, we all try to keep up with them, as the saying goes, but…
When kids are really young, their idea about how to get money is pretty simple, not to mention misguided: Run out of cash? No worries! Just go to the bank! Don’t have enough money to pay for something you want?…
Part of learning about finance is diving into the world of the stock market. Kids who are just starting to learn about this area of investment need to have a solid grasp of a few fundamental concepts before they really…
Money makes the world go ‘round, or so the saying goes. In modern society, though, you have to tweak that saying a bit. It’s more like plastic makes the Earth keep rotating. With technology becoming more and more integrated into…