It’s important to teach kids the concept of money early on. Here’s how to do it. Sawitree Pamee / EyeEm via Getty Images In a world of credit cards, online banking, tax codes, investments and retirement plans, keeping up with money can be tough for adults, and even more so for kids. So, for the
The holiday season is one of my favorite times of the year. However, I understand how it can be quite stressful on someone’s finances due to all the shopping, decorating, events, and added expenses. The average household spends around $1,000 on Christmas. That’s a ton of money, but I think I’ve spent that much in
The end-of-year holidays revolve around the spirit of giving, and many parents are shaking up what it means to “give” to their kids. Earlier this year, actress Mila Kunis echoed many parents’ sentiments about holiday gift-giving. In October, she clarified her comment that she was adopting a new Christmas tradition that involved “no presents for the
Money conversations between parents and adult children are difficult at best. Issues such as investments, retirement planning, estate planning wishes, and elder care are never easy. A study by Fidelity Investments entitled, Intra-Family Generational Finance Study, highlights some of the key issues involved. A lack of communication and planning can be costly to the family in
Getty I received a call this morning from someone looking for a planner. The conversation went something like this. “Hi, I am looking to work with a financial planner and I found your name on the NAFPA site.” “Great,” I said. “How can we help?” “Well, I am in my mid-40’s. My wife and I
Financial Considerations Whether or not your child needs a car at school depends on a number of things. Obviously, you want them to be able to travel to-and-from the grocery store and visit home without any mishaps. However, it may not be all that necessary for them to have a car on campus. In fact,