Should You Buy Life Insurance For Children?
Ask that question at a dinner party and you’re bound to get some pretty intense responses. That tends to happen when you talk about kids and death in the same sentence. But let’s take a practical look...
View ArticleAre You Letting Your Kids Ruin Your Retirement?
All parents want to help their children out when they’re in trouble, but when do you draw the line between helping and enabling? Are you putting your own financial future at risk?
View ArticleHow To Setup A Custodial Account For A Minor To Help Them Save Or Invest
There are times where you may want to setup an account for a minor child, and a custodial account under the Uniform Gifts to Minors Act may be something to investigate.
View ArticleShould You Cosign on Your Child's Loan?
Chances are that you want to help your child get the best possible start in life, and with money. It’s important to be careful about cosigning, and to think twice before signing — even for your child.
View Article6 Bad Personal Finance Habits To Avoid Teaching Your Kids
Teaching children about money isn't easy, and won't happen overnight. Here are some bad financial behaviors and habits to avoid teaching your kids.
View ArticleBest Savings Accounts For Children
One of the best ways to teach your kids about money is to open a bank account for them. Here's where to find the best savings accounts for children:
View ArticleLeveraging Your Wealth to Prepare Your Children
The first investment I would recommend won’t be popular with many people out there, and that is a private school education.
View ArticleAre You Raising Your Kids To Be Financially Independent?
Are you teaching your kids to be dependent on you, or to be financially independent?
View ArticleBack to School Shopping Savings Tips
Back to school shopping is a big money maker, second only to Christmas. Back to school shopping can make a big dent in the budget if you’re not careful, in fact the average family with kids K-12 will...
View ArticlePaying for a Good Education in the Beginning or the End?
See one Mom’s argument for investing in her children’s early education now rather than putting the money away in college savings.
View ArticleDoes a 10-Year-Old Need a $75 Money Gift?
My son just turned 10. What I don’t understand is why one of his gifts was $75. My son’s thoughts immediately zoomed into riches untold, rhapsodizing about useless and expensive gadgets that he never...
View ArticleFinancial Considerations When Deciding How Many Kids to Have
It's safe to say most couple like kids. But before you add to your family you need to consider your finances. There are many expenses that come with a child.
View Article7 Tips for Helping Your Child Get Back on Their Financial Feet
If you have an adult child who is struggling financially, you probably want to help. Here are 7 tips for helping your child get back on his or her financial feet.
View Article5 Frugal Christmas Ideas for Children
Don't feel that you need to go out and spend hundreds of dollars on your children to create a "magical" Christmas. Spend what you are comfortable spending and within the limits of what you can afford....
View ArticleWhen Is It Time for You To Move Out Of Mom and Dad's?
Young professionals have often been called the “boomerang generation.” Instead of getting a career and/or getting married by the time they are done with college, many students are moving back home.
View ArticleWhat are Custodial Accounts, and How Do You Use Them?
One of the ways that you can shelter some of your assets, and give your child a good financial head start, is to open a custodial account.
View ArticleWhen Should You Start Teaching Your Child about Money?
One of the most common questions that parents have is this: When do I start teaching my child about money?
View ArticleShould You Be Teaching Your 7-Year-Old About Credit?
We all know that it’s important to teach our children about money. However, teaching them about cash might not be the way to go.
View ArticleImprove Your Child's Financial Fitness
You might be surprised at how early you can start helping your children learn about money. The important thing is to adapt teaching strategies so they are age-appropriate, and so that your children can...
View ArticleWhat Are You Teaching Your Children? Make Money Visible in Your Home
A couple of years ago, my son lamented that he had to “save up my money to get anything, but you and dad just go buy what you want.” This perception of the way we run our finances served as a wake up...
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