Becoming a parent means taking on a whole new level of responsibility. After all, you’ve now got a new life in your hand’s and your child is dependent on you for everything. While the list of things you need to do as a new mom or dad is endless, there’s one essential item that should
You’ve never felt more like an adult. Your career’s flourishing and your family’s growing. People take you seriously as a professional and a parent. After thinking hard about your future, you’re sure that you’re ready to buy a house. Unfortunately, to take that step, you have to do something you left behind from your childhood:
Accumulating credit card debt has a snowball effect: It’s easy to keep swiping and not realize how much you’re charging on credit cards, and how quickly little purchases can result in major interest charges. In my family’s case, mindless purchases and frequent minor emergencies resulted in $30,000 in debt over the course of three years.
This story and image was originally published in the September 2019 issue of Highland Park Neighbors. It has been republished with permission. If you’ve ever heard a TV or radio commercial promoting a bank, chances are it ended with a phrase about the bank being FDIC insured. Since this message comes at the end of
They say the apple doesn’t fall far from the tree. And when it comes to money habits, I’m living proof. As both my parents were frugal, I picked up a thing or two—both good and bad—about saving money. My mom, who was a single parent and raised my older brother and I with two full-time
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,