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.
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