The words “family” and “budget” are not often seen together. As parents, you may have questions about how much you should get your children involved in family finances. I feel strongly about using your home as an incubator for real life money issues. Otherwise, it’s hard to expect your kids to grow up to understand
Now that spring is finally here, it’s that time again to think about shelling out money for a family vacation. And, you are not alone. According to ValuePenguin, “Vacation spending is equal to about 2% of the total budgets of all U.S. households annually…” With significant spending aimed at making the whole family happy, don’t
Student loan debt keeps rising, and according to the latest findings, the total of all student loan debt in the United States is $1.52 trillion. Meanwhile. the average amount of debt for a student who left college in 2016 is a staggering $37,172. This figure doesn’t even look at the student loans parents took out to help
There’s an old saying about walking a mile in the shoes of someone else to gain wisdom and understanding. That’s true in many aspects of life, including your finances. I’m not talking about living a day in the life of someone significantly more or less off financially, I’m talking about your significant other. Let’s be
As a child, I was given a small weekly allowance. But unlike most kids, I didn’t choose to spend it right away. Instead, I couldn’t wait to put it in my piggy bank. At that age, I wasn’t really saving up for anything, it was just exciting to watch my bank get filled with coins. Although
Set a good example when comes to money habits, and you’ll raise financially responsible kids. Here’s how. Be Transparent About Finances In many homes, money is treated like a well-guarded secret. The majority of parents do not tell their children how much money they make or how much things cost. Financial secrecy in households breeds