When I was growing up, my parents would get the urge every once in awhile to impart money management skills to my siblings and me. They would experiment with different systems for dispensing allowances and organizing income, but most failed due to the lack of discipline on both their part and ours.
Not every system was [...]
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The current culture of acceptance that surrounds the issue of debt is one that has arisen as a result of an increased dependence upon credit and the act of satisfying an ‘I want it now’ attitude. A rise in materialism and the inherent temptation of credit cards and personal loans in aiding presentation of a [...]
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My son really wants to buy a house here, but it will really stress our financial situation if we help him with the down payment.
- A mom talking to her friend at the grocery store.
For many parents, helping their children financially is of the utmost importance. They will often try to please the young [...]
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I hesitated before I wrote this piece because it’s so obvious, but we need to remind everyone again and again until we finally complete the implementation. We need to incorporate basic personal financial education topics into our educational curriculum.
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As you will notice, this post is part of the series of 12 Things Every Teenager Needs to Know About Money (And How to Teach Them). Please visit the other 12 post in the series through the links at the end of this post.
Spend Money Based On Needs Not Wants
Separating needs from wants is not [...]
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This is a guest post from Bill Muhlenfeld, who runs a site that’s focused entirely on college money issues for parents. Learn more at Money Launch My Kid.
No dollar tips or piggy banks here. We’re going to talk about the big numbers.
Are you trying to figure out how you’re going to pay for your kid’s [...]
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2008 was incredible for the blog and I’m happy to say that I’m able to share with more and more of you as the blog grows to new heights! In 2009, I will continue to reach out to more people so if you know of people that may benefit from the writings of this blog, [...]
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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 errand transaction on his son’s checking account statement and started calling the [...]
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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 always [...]
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With headlines all over about the financial mess and how bad the economic is (and will be), many of us feel a sense of doubt about the future. Thanksgiving is coming up, and it’s easy to feel less excited about the idea of celebration when our retirement savings, investments and emergency funds depleting every day. [...]
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Summer is winding down and school season is almost here! Whether it’s for new clothes, backpacks or text books, I remember the back to school season as being one where there’s at least a little bit of shopping.
No one ever wants to disappoint their children, so this is the time when we can really [...]
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Fixed.
