Teaching Kids Personal Finance From A Young Age

Teaching children about financial literacy inevitably falls on the parents' shoulders in many cases. While some schools are now offering small lessons covering personal finance topics, many are not. The ability to properly manage spending, to regularly save money and to otherwise manage funds intelligently is essential for lifelong financial security. Without structured lessons about personal finance, children often learn about money by watching how their parents manage the family's funds. This … [Read more...]

3 Financial Tips for New Families

New reports find that nearly 51 million US households don’t earn enough to afford a monthly budget to cover food, housing, healthcare, and transportation. That is unfortunate. That’s why those who can save should be doing everything they can to do so. This is especially true for new families. Here are a few financial tips to help you get started. Set aside emergency money “One of the reasons people do not have emergency funds is misplaced optimism. People think that if they are healthy, … [Read more...]