Back-to-school shopping can get expensive fast. On one hand, you think you’re just buying pens, pencils, and notebooks, but everything adds up. Clothes can also be pricey even with the sales and discounts especially if you’re purchasing a whole new fall wardrobe. For parents who wind up spending a few hundred dollars each year during
Our financial decision-making abilities peak in our 50s and can decline pretty rapidly after age 70, researchers tell us. That’s how otherwise smart older people fall for sweepstakes frauds, Nigerian investment schemes and the grandparent scam, where con artists pretend to be grandchildren in a financial jam. But few people want to hear that they’re
From when to say “please” and “thank you” to how to drive a car, we learn a lot from our parents. Oftentimes, that includes picking up on their money habits as well. And while some of that financial wisdom consists of worthwhile advice that we’ll turn around and pass along to our own kids, other habits are better off forgotten.
Sarah and I welcomed our first child into the world in 2005, not too long before the launch of The Simple Dollar. Since then, we’ve been on this shared journey called “parenting,” and as our firstborn has grown older and we’ve added two more children to the mix, the challenges have grown and changed. In
My niece had her first child a few months ago and seeing that little baby has reminded Sarah and I of our own experience with having babies around the house. Our children are long past the baby stage, but for almost an entire decade, we were in a constant cycle of having at least a
Mark Kress, 59, of Sterling, Va., first realized his 88-year-old father, Willard, needed help after he saw some bills with past-due balances stacked on his father’s kitchen table. That was completely out of character for Willard, who had a successful career as a certified public accountant. Initially, Willard didn’t believe he needed help. For most