Just about every financial expert under the sun has pointed out to parents that the cost of a college education is skyrocketing, that general expenses are going up as income and job availability has gone down, and that kids have…
In the past, divorce and remarriage were something that people seriously frowned on. Now, however, step-parents are just as common as biological ones. This is not necessarily “right,” or “wrong,” but you should be aware that a blended family can…
The news that parents are spending and are in debt by now is nothing new. What experts are still a little surprised at, though, is how much kids are spending, too. Many of them are scratching their head about why…
First jobs are a rite of passage for young people, offering a degree of financial independence. They can provide a great work experience and skill development, as well. Even so, kids shouldn’t start handing out a bunch of applications until…
If you’re like most parents, a major goal when it comes to your kids and money is simply to ensure, by whatever means possible, that your children are a little better off financially than you were. In other words, you…
A ton has changed over the last hundred years or so—that’s unquestionable. Virtually all industries have had to accommodate in some way, and the finance industry is no exception. The difference between the way things were and the way things…
When a person doesn’t have a lot of knowledge or experience in anything, it’s usually a good idea to seek advice from an expert. This can apply to areas such as financial literacy for kids, but unfortunately, many of the…
The need to teach kids about money is a fact rather than debate. What is debatable, however, is who should be doing the bulk of the teaching. Many people say that financial education is best left to the experts, while…
As you try to teach your child about money, one of the most basic things you will need to get across is the idea that a want is very different from a need. Many children have trouble distinguishing the two,…
Just about every financial advisor tells people to invest. This is great advice for adults to follow, but it’s even better for kids. If they invest properly, they can save thousands—or potentially millions—toward their financial future. Investing early grabs the…