All too often today, children are clueless when it comes to finances and budgeting - but I want my children prepared. My husband and I have set down guidelines to help teach lessons about money and spending. We also use everyday situations as real life examples. For instance, when we go shopping we discuss the pros and cons of purchases and talk about how debt accumulates. I don't want my children to fall into the trap of overextending themselves on credit cards. Here are a few tips ... Continue Reading
Tips and tricks for teaching finances to your children.
Tips for letting your teenager head overseas for a spring class trip.
With spring time only a few months away, many parents are gearing up for the gutsy decision to green-light a child's request to join in on a class trip to travel overseas. It's a once-in-a-lifetime opportunity for young adults too exciting to pass up for families that can afford the cost, but that doesn't mean it's not without its inherent risks. In order to put your parental mind at ease, and therefore ensure that your child has the safest travel overseas experience possible, make sure to ... Continue Reading
Here are five reasons why you should cut up your credit cards today and take charge of your finances.
Maybe you are the type of person who always pays your credit card balance in full before the end of your billing cycle, and enjoys the reward points you gain. But if you are part of the majority of Americans who owe $9300.00 or more on credit cards, it may be time to cut up your credit cards. Here are five reasons why you should cut up your credit cards today and take charge of your money. 1. You will never get out of debt. Let’s face it, without self control when it comes to your ... Continue Reading
Setting up a family budget is one of the most important steps you can take to control your finances.
Setting up a family budget is one of the most important steps you can take to control your finances. It doesn’t matter how much money you have - in order to make the best use of your income, you need a family budget. A family budget will not only tell you where your money is going, but it will help keep you on track and spend your money wisely. Where Has All of Your Money Gone? Do you ever get to the end of the month and wonder what has happened to all of your money? At the ... Continue Reading
If the desire to become a work at home mom is pulling on your heart strings, then here are 5 simple steps to realizing your dream.
Being a working mom can provide great fulfillment. The opportunity to earn money in a field that uses your skills and knowledge can be rewarding. Also, working in an office environment gives you the opportunity to network with others and possibly form lasting friendships. However, if the desire to become a work at home mom is pulling on your heart strings, then here are 5 simple steps to become a work at home mom: Review Your Financial Situation Before you quit your job, you need to know how ... Continue Reading
When parents take time to teach their children about money, children are more likely to save money as an adult as well as stay out of debt.
As most parents have learned, kids are great at spending money. And since they are so good at spending, if parents don't take the time to teach their children about money and finances, then the children will grow up to be adults who are great at spending. It is important that parents teach their children about money beginning at a young age and continuing through their teen years. When parents take the time to teach their children about money, children are much more likely to save as an ... Continue Reading