Kids often view money as having one function only: to buy stuff, right now. Give a young child $5 and he’ll likely spend it all, often looking for things that cost $5. Parents play critical roles in teaching children financial fundamentals, including the importance of saving. Here are 10 ways to teach children to make
You wouldn’t dream of running a marathon without undergoing months of training. Or heading into the wilderness without making sure you have adequate provisions. Or betting your life savings on a business venture you haven’t thoroughly researched. But when it comes to entering retirement—when a failure to plan can have devastating consequences—a surprising number of
The year is winding down, and the holidays are in full swing. You know what that means: the new year is rapidly approaching. With the talk of resolutions and the added pressure of a new decade, it can be overwhelming to think about planning ahead. However, there’s still time to set yourself up for success
Buying a house is an exciting and sometimes slightly terrifying experience in many people’s lives. If you’ve never bought a house before, the process can be daunting. It’s fairly overwhelming to say the least! However, owning a home is a big part of the American dream. Once you close on the home and get settled
A growing concern for many people in their 50s or 60s: Will my mom or dad become the victim of elder fraud? Sadly, the chances are pretty good. In fact, at least 20% of older adults have been victims of elder financial abuse, according to the Center for Financial Services Innovation. Scammers are getting more
Once thought to give a “leg up” when kids enter the real world; in today’s real world of information, complex options and decisions, understanding investing as an adult is now more of a necessity. Investing is a tool to earn money that your child can use their entire life. Since finance is typically not taught