Teens and money seem to be mutually exclusive—if our kids don’t learn the right lessons early, they’re likely to make big financial mistakes. It doesn’t help that they’ve got to learn most of these important lessons before they enter college. But, as parents, we often don’t give our teens enough credit. They are quick learners,
There are so many scary things about retirement: All that free time to suddenly fill. The slew of health care decisions, from Medicare to supplemental health insurance to long-term care insurance. But the scariest thing of all is figuring out how to avoid falling into the dangerous money pits of retirement. There are many. Some
Dear kids, We are very proud of you for getting into college! You’ve done a great job applying for financial aid and saving your earnings from your summer job. Now, it’s time to have “the talk”. Don’t worry, not that “talk”! It’s about something much more terrifying: money. We know that your savings and financial
After the age of 60 or 65, many people think that life insurance is an expense of the past. Not only are most people able to cover basic funeral expenses at that time, but they’re usually more financially stable. In some events, people begin paying into funeral planning so their family simply won’t have the
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
An estate plan is a cornerstone of any comprehensive financial strategy. On a practical level, it can help ensure that your assets are distributed in keeping with your wishes. It can also provide you with a significant emotional benefit. Simply knowing that your affairs are in order can give you peace-of-mind that your legacy will