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…
When school’s out for the summer, parents usually start looking with renewed vigor for activities they can do with their kids. Spending time with your youngsters doesn’t have to break the bank. There are dozens of things to do that…
Parents still heavily debate whether kids should work during school, with some people thinking that the experience and financial improvements gained from the work is worth the slight dip in grades that might happen. In the summer, kids no longer…
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…
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…