Statistically speaking, it’s not that unusual for a modern family to struggle in the area of budgeting. In fact, in lots of homes, a budget doesn’t even exist. Often, this is because money is extremely tight—what’s the point of budgeting,…
The proverbial Joneses. The family that has everything that everyone wants, that sets the trends everyone wants to follow, that people struggle to mimic. To some degree, we all try to keep up with them, as the saying goes, but…
Education is one of the fastest growing costs families face, so some saving is a virtual requirement if you plan to send your kids to college. 529 Plans At least some of the money you put away for your child’s…
When it comes to inventions that have changed the course of history, the Internet certainly makes the list. The World Wide Web provides a plethora of opportunities and information to the public, and kids and adults alike adore the Internet…
Without a doubt, the costs of retirement and college education for children are two of the largest financial hurdles any parent faces. Which one should receive most of your funds is a topic of hot debate, with personal circumstances further…
Modern Americans live lives of speed and busy-ness. This can mean high productivity, but it also can translate into a dependence on convenience items. (Gas station coffee or granola bar, anyone?) Steering kids away from convenience in favor of frugality…
Giving kids an allowance is a tried and true method of introducing children to financial responsibility. At the same time, kids also need to learn how to perform basic self-help tasks and take care of their belongings. In some households,…
In days of yore, people paid cash for items and didn’t like the idea of getting into debt via credit. Enter modern America. These days, if someone pulls out cash, it’s almost against the cultural norm. Paying with plastic is…
Most things in personal or business finance are not as simple as they first appear. Deciding how much money your child can access is no exception. It’s a complex issue because no two children or family situations are alike, meaning…
In a typical American household, the television can be on anywhere from two to eight hours a day. This makes TV a strong marketing tool not just for adults, but also for kids, who often watch TV out of boredom…