Helping kids appreciate money
According to the Federal Reserve's April 2013 G-19 Consumer Credit Report, Americans owe a hefty $850.9 billion in credit card debt, or $ 6,890 per household. If we are going to raise money-smart kids, we need to teach them the potential perils of relying on credit cards, and explain to them (and even model) the benefits of using cash. Here are some great reasons to choose cash over credit.
Read MoreOnce upon a time there lived a little girl who was loved so dearly, and it could be seen very clearly. Her name was Little Red Riding Hood, a girl so sweet and so good. Her parents gave her all the best, but did they truly prepare her for her first big test? She was popular and had many a friend, but unfortunately did not learn how to wisely save and spend.
Read MoreWith the national debt currently at $14.9 trillion, we hear a lot of talk about reducing our national deficit. My teen posed a question while watching a recent debate as to what the difference was between debt and deficit. Here's a very simple explanation.
Read MoreThe Envelope System is a popular method of budgeting, and for good reason. The process is dead-simple.
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