Tag Archives: children

Credit Cards · July 20, 2016

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…

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Saving, Student Loans · July 13, 2016

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? I can’t overstress the importance of instilling an appreciation for saving.

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Budgeting, Investing · July 6, 2016

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.

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Home Loans, Investing, Saving · April 20, 2016

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.

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Debt · December 30, 2015

Financial Fear No More! Three Steps Toward Financial Freedom

Your money challenges are very personal.

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Emergency Funds, Life Insurance · November 11, 2015

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…

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Credit Cards, Student Loans · September 16, 2015

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.

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Debt, Saving, Student Loans · September 2, 2015

Five Easy Moves to Save At Least $100 a Month

I’ve spent a lot of time poring over the finances of families who come to me for help. No matter what problem they are trying to fix, a universal step in my review is to go through their monthly spending…

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Home Loans, Life Insurance · August 19, 2015

The Massive Mistake 4 in 10 Parents With Young Children Make …and how to fix it in four easy steps

A new survey makes me sad, mad and very nervous. According to Bankrate.com, 37% of parents with children under the age of 18 have no life insurance. And even the parents with life insurance aren’t really protecting their family, as…

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