Children And Money
Podcast Episode - Ask Suze (and KT) Anything
On this edition of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Terry, Mare, Suzy, Eric, Michael, Becky, Deanna, Barbara, Aga and Seretha, selected and read by KT.
What Parents Must Do Better
I hope we can agree that sending a young adult out into the world with a solid grounding in how to make smart financial choices is a core requirement of good parenting.
What to Do When Your Child Receives a Cash Gift
Teaching your children the pleasure of saving is going to be one of your hardest tasks, since chances are you do not enjoy it either. If you force them to save, they might grow to resent it.
What’s Your Financial Education Plan for the New School Year?
I hope you and your family have had a fantastic summer full of fun, adventure and most of all, relaxation. With the academic school year starting soon, it’s an important time for parents –and grandp
The Important Lessons Your Kids Won’t Learn in School
As a new academic year begins, I want to make sure that parents understand the important lessons that will not be taught in school.
Suze’s New Children’s Book
#1 New York Times best-selling author and world-renowned financial expert Suze Orman makes her children’s book debut in this story of a one-dollar bill named Billy and penny named Penny.
Teach Your Children Well-Part 4: Have the College Cost Conversation Early
I see parents let down their college bound kids all the time. Not because they can’t afford to foot the often insanely high bill for a four-year private college education, but because they
Teach your Children Well-Part 3: Give Your Kid’s Credit
Young adults are making a big mistake with their finances. Survey after survey reports that most millennials do not have a credit card. I am wholeheartedly on board with preferring a debit card. But everyone needs to also have a credit card and use it responsibly.
Teach Your Children Well-Part 2: Instill the Pleasure of Saving
You know your kids are sponges. So let me ask you a question: what lessons about saving are they absorbing from you?
Teach Your Children Well-Part 1: Bill Pay Together
Sitting down with your children once a month and having them help you pay the family bills is an incredibly valuable life-lesson opportunity that sadly few families use.
Turn a Child/Grandchild’s Summer Job into a Retirement Windfall.
If you have a child or grandchild who is going to get paid for work this summer, I want you to consider a way to gift them a valuable retirement stake.
Money Gifts to Kids: 3 Rules Every Parent Must Follow
As we are heading into the holiday season, I know plenty of kids will be receiving a check from a grandparent, aunt or uncle. So I want to review how every family with kids under 18 should handle financial gifts year round.
3 Rules for Doling Out Allowances
Parents, we have a problem. So many of you make a mess out of allowances. You reward the wrong thing, and totally miss out on the big picture: beginning to teach your child about the value of money. Here are my 3 Suze-Approved Rules for Allowances:
What Every New College Grad Needs To Know About Repaying Student Loans
Falling behind on your student loans is one of the worst financial mistakes you can ever make. The penalties and fees if you fall behind, and into default, can add thousands of dollars to your bill.
How Grandparents Can Make the Most of a Grandchild’s Summer Job
So often grandparents come up to me and ask how they can best help their grandchildren get a leg up. My favorite move is to gift a grandchild money to open a Roth IRA. Here’s what you need to know:
A Message for Husbands: Your Wife Should Drive the Retirement Planning
One of the most common things I hear from many couples is that the husband likes investing and planning, and thus wives are all too happy to let him handle the retirement strategizing. Big mistake. Not because I am doubting the skill and intentions of men. Rather, my concern is that it’s women who typically are the most at risk in terms of retirement security for a very simple fact: Women tend to outlive men.
Emergency Fund 101
It makes me so sad to read reports that many households don’t have even $1,000 set aside to cover an unexpected expense. What’s so sad is that I know that must cause such stress.
The Four Steps to Retirement Saving
Saving for retirement is a no-brainer. But knowing the smartest ways to do that saving is anything but easy to figure out, given all the choices. Don’t worry, I’ve got you covered. Here’s exactly what you should do, in the order I list:
Suze Orman's road rules for car buying
The car you're driving could be driving you into poverty, says Suze Orman. While lenders are relaxing terms and offering longer periods for borrowers to pay, Orman is sticking by her rules of the road.
Suze Orman: Don’t put your retirement on a credit card
As the economy slowly recovers, Americans are struggling to get out of credit card debt they amassed during tougher financial days...Out of desperation to stay current, or to rid themselves of their debt, people are looking at their retirement accounts as a cash source. But Suze Orman says that's the biggest mistake you could make.
