Financial literacy isn’t just a personal issue. It’s a social issue, because many people are in need of financial assistance. This is where you can teach your child not only to manage funds and other assets, but to have a…
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…
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…
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…
These days, divorce is relatively commonplace. In the United States, for example, over half of all married couples call it quits, says the Centers for Disease Control and Prevention. This relationship option sometimes can truly be the best route in…
As you try to teach your kids about money, you’ll have to acknowledge to your kids that spending in itself is not necessarily bad. People need to spend money for food, for example. Keeping your children from spending too much,…
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,…