When your child first started school, you doled out the change for milk and a snack on a daily basis. But now that your kindergartner has grown up, it’s time for you to make sure that your child has enough financial knowledge to manage money at college.Continue reading “Teaching Your College-Age Child about Money”
Getting married is exciting, but it brings many challenges. One such challenge that you and your spouse will have to face is how to merge your finances. Planning carefully and communicating clearly are important, because the financial decisions that you make now can have a lasting impact on your future.Continue reading “Merging Your Money When You Marry”
If you don’t know what happened to your money during the past year, it’s time to find out. December and January are the perfect months to look back at what you earned, saved, and spent, as W-2s, account statements, and other year-end financial summaries roll in.Continue reading “What Happened to Your Money?”
You probably feel comfortable talking to your teen about things like school, sports, and clothing. But how do you feel about talking about money? While it may be a tricky topic to broach, odds are that your teenager will rely on you to learn basic financial management skills. And the teenage years can be a critical learning period. According to a report by the Consumer Financial Protection Bureau, it’s important to establish strong financial decision-making habits in the teen years because it will help your child better navigate his or her financial life as an adult.1
Prepare your teenager for the financial challenges of adulthood by talking to him or her about the following topics.
Organizing your finances and creating a long-term financial game plan for yourself can seem like a daunting task. Here are some simple, helpful tips you can take to set yourself up for financial success.