Reading the Wall Street Journal’s Sunday column “Yoder & Son” shed light on an incredible easy and effective parenting tip on helping your kids understand personal finance – Let You Children Take Care of It. Like many, Steve found out about a monthly recurring errant transaction on his son’s checking account statement and started calling […]
A man once told me that nothing should be unexpected because we can always expect that something unexpected will happen. Right now, I’m too upset to figure out whether I agree with this or not because the unexpected occurred to me – I received a bill from my doctor for $100. “Your health insurance will […]
In a matter of weeks, I saw my portfolio erode at a rate that I thought was only possible in months/years instead days/weeks. The other day, I was looking at the disastrous performance of my stock investments through financial statements and asked myself one question: “Did I make a financial mistake by investing in stocks […]
This is a guest post from Jonathan, one of the writers at Master Your Card. The blog is all about teaching people how to be fiscally responsible, with the focus on helping readers to get out (and stay out) of credit card debt. If you’re a parent then you probably know that your kids are […]
With my wife’s job change comes the addition of flexible spending accounts (FSA) for us to consider. A few days ago, we looked at the dependent day care FSA so let’s round up the discussion by looking at the health care version today. Health Care Flexible Spending Account With any FSAs, the main benefit is […]
I read in the paper on Sunday where an article suggested that instead of all the silly bailout, we ought to pass legislation to let homeowners deduct $2 for every $1 of interest that they pay. It’s a creative way to help the troubled housing and financial markets and one that I’d like to discuss […]
