What Is a Quiet Trust?
Trusts are a great financial tool parents and caregivers often use in order to control their children’s access to assets. Normally, kids know that a trust has been set up for them, but trend in recent years has been to…
The Role Tradition Plays in Financial Literacy
With technology pumping out new gadgets a mile a minute and regulations changing by the second, it’s easy to think that financial literacy is never truly grounded in the traditional. This isn’t quite the case, however—the way people handle money…
Who Should Teach the Kids About Money – Mom or Dad?
By now, the news that kids need to learn about money is nothing too startling—in the wake of the Great Recession, financial experts have been advocating financial literacy more than ever. Even so, finance courses still aren’t standard in most…
Why Practice in Financial Literacy Matters
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…
Smart Gifts for Teaching Kids About Money
Gifts have long been a way to show some affection to another person, and most parents and caregivers can’t help but want to shower their kids with special things. All too often, though, all those gifts do is end up…
Does Teaching Kids About Money Require Money
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…
Save your dollars for your children’s future – Time to pay off debt and...
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,…
Why Pushing Kids Toward Money Might Not Be a Good Idea
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…
How Cultural Diversity and Awareness Affects Your Approach to Financial...
Money might make the world go ‘round, as the saying goes, but people most certainly don’t approach finance in the same way around the globe. It’s a good idea to think about whether the way you are teaching your kids…
Why You Shouldn’t Let the Joneses Control Your Child
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…