For today’s kids, having a cell phone is more than normal. The devices let children connect with parents not only in emergencies, but also for everyday events, such as reminding each other about an after school practice or finding each…
When money is a little short, getting a loan is often a reasonable way for someone to continue on with his plans. In some cases, doing so actually can put you in a better financial position, securing assets or investments…
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…
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…
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…
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,…
In the money world, the term “financially literate”—or a related derivative—gets tossed around quite a bit. Not a whole lot of experts actually take the time to define exactly what financially literate means, leaving many statistics related to money habits…
Saving supports just about every other financial task and decision your child later learns. How much your child should save isn’t clearcut. To decide what is best for your child, approach saving with a few considerations in mind. The…
Just about everybody has the proverbial “rainy day” when it comes to finances, and even if your children have an exceptionally trouble-free, they still need to save for the retirement years. The sooner you encourage your kids to save, the…
Living in one of the most industrialized nations in the world, American kids are some of the world’s strongest consumers. For them, shopping is as commonplace as brushing teeth. Without proper financial education and guidance, some kids slip into the…