With all the conveniences of the modern world, the vast majority of financial transactions now occurs on a digital platform. People use ATMs to get or deposit funds, for example, and they routinely turn to the Internet to make purchases…
When it comes to buying, putting down money isn’t just about what you need. It’s also about want you want, and the reasons behind those wants can be extremely complex, fulfilling multiple psychological needs. This doesn’t just apply to adults—kids…
Much of what you will focus on in your child’s money education is “nuts and bolts” or “how to” stuff, such as teaching your child how to read a bank statement. There is another part of money education that gets…
Foster children have very specific needs when it comes to learning about finance because they typically don’t have the same resources available to them that biological kids in stable homes do. These children shouldn’t be left by the wayside. Foster…
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…
One of the biggest financial lessons your children will have to learn is that, in most cases, money is something people earn. It doesn’t magically grow on trees, as the saying goes, and the amount of effort put into a…
Even though the economists say finances are shaky around the world and in the average home, opportunities are still everywhere. You can see them in flat-screen televisions, college degrees, toys and restaurants with big flashing signs. Your child will make…
As much of the world strives to keep themselves afloat financially, a common song financial experts are singing is that you should live within your means. Kids (and many parents) often have trouble understanding exactly what this phrase means, however….
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…