Financial literacy is important for everybody, regardless of their life stage. Teaching some essentials to kids is a great way to instill lifelong financial knowledge, and give them a head start in building wealth. Unfortunately, less than half of U.S. states require high school financial literacy classes. And at home, many parents avoid talking about money with their children because it makes Continue Reading
How to Teach Your Kids About Giving
The holiday season is here, and there is no shortage of opportunities to give. Between charitable donations, toy drives, food collections and generosity for family and friends, this is the ideal time of year to get your kids involved in giving. Getting your kids involved in giving helps them to learn about empathy, appreciate what they have, and consider how their actions affect others. It can Continue Reading
Involving Your Family in Financial Planning
In many families, money isn’t talked about much. According to this survey, 36 percent of Americans are uncomfortable talking about money. Eighteen percent say money isn’t talked about in their family. The benefits of involving the whole family in money discussions are numerous. It can help set your kids up for a healthy future relationship with money. If you’re not already treating your Continue Reading
3 Ways to Teach Your Kids About Money
Parents are always trying to teach their kids the ways of the world with the hope that those kids will grow up into responsible teenagers and productive young adults. I know I do. I try to teach my daughter valuable lessons - look both ways before crossing the street, be respectful, and always say please and thank you. The lessons we teach our kids will (hopefully) stay with them for the rest Continue Reading