Christmas is a wonderful time for us to show our thankfulness by giving to the ones we love. Here are 15 fantastic ideas for ways that your family can “pay it forward” this Christmas.Read More
Teaching kids about money doesn’t have to be a difficult task if you simply build the process into your normal day-to-day activities. You can start the process with children as young as two years old. Here is an age-by-age guide to teaching money milestones to kids.Read More
In this age of immediacy many parents have fallen victim to adage of “more is better”. According to T. Rowe Price's 2016 Parents, Kids & Money Survey, 57% of parents say they spend too much on things their kids do not need. Here are five tips to help you combat the “more is better” mentality.Read More
Tax season is upon us and if your teen has worked during 2015, then he or she will need to file their W2's and declare any other earnings such as tips. Here are five simple tips for teens to remove some of the mystery.Read More
Families that focus more on the material side of the holidays tend to feel less happy than families that focus on spending time together. Make a commitment to create a new tradition this holiday season and give the gift of yourselves to others by teaching your kids the spirit of volunteering.Read More
According to Lewis Mandell, a professor of finance at the University of Washington who recently studied more than 50 years’ worth of allowance research, “The kids who receive [a regular, unconditional] allowance tend to think far less about money in general.” He also said “Those children appear more likely to grow up to be ‘slackers,’ since they aren't learning to associate work with money.”Read More
Have you heard about The Innovative Kids of America Project? It is a new concept designed to inspire, excite, and provide kids ages 5 through 18 with a real life opportunity to start their own business.Read More
The young people of today may be able to use computers, mobile gadgets and other web-enabled devices, but that doesn’t mean they can fully leverage them to complete basic functions. Or that they are prepared for the future, which is full of technology as far as the eye can see. How do you best prepare your kids for the technology future?
Teaching children about the state of our economy in these economically turbulent times can be challenging for parents especially when they don’t always understand the situation and terminology themselves. The following is a list of some great tips and resources that can help parents and children make sense of the economy, and also their own financial security.Read More
Albert Einstein called compound interest the “eighth wonder of the world.” Compound interest works like magic, with your money constantly feeding on itself to grow larger and larger. How does it work? It’s easy really. Interest is earned and paid not just on your principal, but also on all the previous interest earned. Your total balance grows faster and faster without you doing a thing!Read More
The website, H.I.P. Pocket Change (History in Your Pocket) is a government website where kids can learn all about the United States Mint. The site is all about fun and information, especially coin information.Read More
Twenty years ago, it was pretty easy for parents and educators to know who was being bullied and who was responsible for it. Now it's not so easy, since kids of all ages are connected via cellphones, instant messaging, Facebook and Twitter. Read how you can help prevent your child from becoming a victim of cyberbullying.
Do you think you know MONEY? How much does it cost to produce a penny? What's the largest bill ever produced? What's your money made of? How many people hold credit cards in the U.S.? Answers to these and many other money questions can be found right here.Read More
According to a 2012 Teen Internet Behavior study done by McAfee, Inc., 70% of teens hide their online behavior from their parents. There is a major increase in the number of teens finding ways to hide what they do online from their parents, as compared to the 2010 study. This is a generation that is so comfortable with technology that they are surpassing their parents in understanding and getting away with behaviors that are putting their safety at risk.
20 percent of college students are facing financial hardships because of debt. To prevent your child from becoming part of this statistic, sit down and discuss money management before sending them off to college. By taking an active role early, you have the best chance of preventing your child from becoming the one in five who is struggling to control their financial situation.Read More