Teaching children how to handle money responsibly is one of the most important things a parent can do to prepare them for adult life. Helping kids understand the value of money from an early age can provide the perfect platform for financial prudence when adulthood comes around. While everyone’s financial circumstances are different, the theories
When you have a baby, it’s hard to imagine that baby retiring from a 40-year career. But it’ll happen. If you’ve already figured out your retirement plan and have all of your financial ducks in a row, there are ways to start setting up your children for financial independence from the time they’re born that
With the summer about halfway over, it’s time to start thinking about going back to school. Even if you think you have a few weeks of summer fun left, the sooner you start gathering the necessities like back to school clothes, the better. This is no different with the traditional back to school clothes. But
It goes without saying, but having a baby isn’t cheap — a fact that often blindsides new parents. “New parents don’t have a lot of extra money, and having a baby is a lot more expensive than they think it would be,” says Ellie Kay, a Parents advisor for the Mom Money Clinic and a
Monkey Business Images/Shutterstock.com Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. Anna Baluch’s parents taught her money lessons as a child that she still uses today.
For aging parents who had a measure of financial success, real estate investments are not unusual. Their portfolios can include single-family rental homes, apartment buildings or commercial entities. When they were younger, many of these seniors took pride in managing these investments themselves. But time can take its toll. We are seeing age-related problems eroding