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…
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,…
Around the world, financial experts are in agreement that, because of both inflation and financial concerns such as an increasingly competitive job market, saving is more important to kids than ever before. With this in mind, all eyes are on…
Just about every financial advisor tells people to invest. This is great advice for adults to follow, but it’s even better for kids. If they invest properly, they can save thousands—or potentially millions—toward their financial future. Investing early grabs the…
Allowances are one of the most hotly debated elements of financial education for kids. In one corner, parents advocate them, because having real money available can make it easier for children to save, spend, give to charity and learn basics…
Trusts are a great financial tool parents and caregivers often use in order to control their children’s access to assets. Normally, kids know that a trust has been set up for them, but trend in recent years has been to…
One of the most brilliant ideas that parents come up with when it comes to savings for their kids include opening a savings account. This is one move that parents feel would guarantee their kids a lifetime of thrift and…
Thirteen may not be the luckiest of numbers but 2013 is certainly a pretty good year to get a good financial footing, in case you’re not much fussy about your finances. The American couples have been saving for 2 purposes,…