A new survey shows just how financially and logistically hard summer can be for working families. Summer can be a wonderful, festive time to enjoy vacations, pool days and backyard BBQs with family and friends. But the season can also present a logistical—and financial—headache for many working families. After all, when school isn’t in session
It doesn’t take a scientist to figure out why so many couples are choosing to stop at just one child. Raising children is not only a very expensive proposition these days; it also takes a lot of time and energy. Many parents find that they’d rather focus all of their energy on one child. That
Living within your means is a great idea, but it may not grow your wealth. Some believe that financial planning is an exercise in living within your means. From my perspective, that is not the entire story. Spending within your means may not have you allocating your money into categories that will sustain you through
Children are capable of more than we give them credit for. Adults often think of investing as a difficult topic, because it was difficult for them to learn at age 30 or 40, but children are so much more moldable and teachable. As parents, we’ve got to use that. Sometimes it means raising your expectations,
Shutterstock When my sons were in elementary school, I wanted to make sure they nailed three basic money lessons: saving, spending, and sharing. As an adult, the art of managing money isn’t much different from the piggy-bank lessons we teach our children. If we can get these three things right, we can master our finances.
An enviously money-savvy friend once told me: If you’re in debt or want to know how to save money, the most important thing is to be honest with yourself about your needs. Maybe your monthly budget absolutely must include sheet masks or weed. Maybe you would *literally die* without an afternoon coffee, or perhaps your