Today, an increasingly large number of people are considered “boomerang” kids, coming back home to live with their parents after college or some time in their own place. Many parents are more than willing to offer this type of help…
Have debt? Join the club. That’s apparently the word on the street these days, with the typical household having thousands of dollars in credit card, mortgage, vehicle, education and other debt. Despite how widespread debt is, people are still quite…
Hopefully, by now, you’ve realized that getting your child to save is an important financial lesson. When a kid should start this process can be a little confusing, however, as families can have drastically different ways to approach it. Let’s…
As most parents know, it’s typically much more efficient to do your shopping without your kids in tow. The reality, of course, is that there will be times when you have to go to stores with your children. Although this…
The cost of college is a major worry for just about any parent. Relying on scholarships and financial aid doesn’t always work, which might leave you and your child looking for ways to make post-secondary education affordable. Here are four…
Not finding a piggy bank your child likes? Try these homemade alternatives! Soda/Water Bottle Bank Very carefully cut a slot in the side of an old soda bottle large enough for coins and bills to fit through easily. If the…
Most parents agree that extracurricular activities are beneficial for kids, as children can learn teamwork, develop emotionally and physically, and get exposed to new things they might like. These activities often are not free, however. Even if you can find…
As a parent or caregiver, you naturally want your kids to be financially secure. As a result, it’s pretty tough not to hold some control over their money. To some extent, this is exactly what you should do, because kids…
When you teach your kids about money, a lot of your effectiveness comes from how you deliver your messages. Overall, what you say should be positive, but there are a few phrases that routinely slip out of parents’ mouths. Here…
In teaching kids about finance, the assumption most parents make is that they, not the children, need to be in the driver’s seat. Although this isn’t entirely false, you might want to think twice about never handing over the keys….