Even though money is such a huge part of the adult world, it’s often up to parents to teach kids what (little) they know about money, how it works, and how to make it. But don’t panic! Giving your kid a solid grounding of financial knowledge and igniting that entrepreneurial spark isn’t actually that difficult;...
Did you know that the ability to have financial independence lies in your budgeting skills? One of the wisest investments that you will ever make is to not just practicing having a budget but also teaching your children the importance of money and sharing your knowledge with them. Children are easy to teach. They learn...
In the face of some of our country’s toughest economic times, we are forced to get back to the basics of imagination and creativity. Here are a few tips to getting your personal finances under control, while establishing habits to save money and create savings for your future. Put Your Household on a Budget First,...
There’s no shame—in fact, many would say it’s financially wise—to live an inexpensive lifestyle. Clipping coupons, buying items on sale, cooking food at home, bringing the leftovers to eat for lunch at work the next day, and shopping at secondhand stores are all simple and unobtrusive ways to save a lot of money in the...
Arguments about the family budget; maybe they happen during the monthly or yearly budget committee meeting (you are having those aren’t you?), or maybe they happen at dinner just before bed. Regardless of when they happen or where they occur, these disputes always seem to result in mudslinging worthy of a heated political bout. The...
How did your parents manage their money? If you are not sure, chances are good that your parents did not have a strong impact on the way you are living and spending (or saving) money today. However, you may not realize that what your parents did with money really did impact your own lifestyle choices....
I’ve recently read loads of personal finance stories that deal with how to save money, but I haven’t seen many that state what you can actually do when you’ve reached your savings goal. Everyone’s savings goals are different, some people save for a particular product that they like the look of, whereas others save for...
Putting some money aside for savings is a really important and smart idea. It’s so easy to get caught up in our everyday lives. We need to do everything we can to keep on top of our regular finances, such as a checking account and paying bills, but we all know in the back of...
Budgeting isn’t fun, and the very idea of it has discouraged most of us from even trying. However, having and following a budget is essential for our future, and easy when you know how to do it. Savings offer both instant and long-term rewards. Whether you already have a budget that isn’t working out for...
Consolidating your credit card debt is one of the best moves you can make to save money. This is a crucial step in improving your credit score for the future and ensuring you have enough money each month. With the numerous advantages for all cardholders who take advantage of credit card debt consolidation, it’s a...