With the holidays around the corner, the mad dash to get everything done can make it easy to blow your holiday budget. How do you decide how much to spend during the holidays? Or do you deal with the financial aftermath when the holidays end?
Money (or the lack of it) constantly makes headlines, but too often we avoid the topic with our kids. Why? Because talking about money isn’t always easy. Yet, if we want to raise financially responsible kids, we need to get talking about money.
This Hispanic Heritage Month, we asked blogger Mary Margaret Reagan-Montiel to write an op-ed piece about how her (very diverse) family uses Bank It to parent well every day.
Which items are on your back-to-school shopping list? Ask your child what she thinks is on the list, and you may discover that your lists are quite different. According to Capital One’s annual back-to-school shopping survey, most parents want to shop for traditional school supplies and clothes. Teenagers, on the other hand, think the back-to-school list should include a computer, a smart phone, and an e-reader. How do you bridge the divide without creating a war with your child?
Thinking about letting (or making) your child get a summer job this year? Having a summer job as a kid isn’t always meaningful and rewarding because of the work itself, but it does tend to be fairly significant in terms of personal growth and development.
Summer is here and, for some parents, this means figuring out what to do with bored kids over the long break from high school or college. It turns out, the summer months are a great time for teens and college students to get ahead academically as well as financially.
According to Jason at Frugal Dad, "Each mom is unique, but more often than not, our mothers have done more for us than we readily realize." Enjoy this monetary (and non-monetary) take on the cost of motherhood.
My first job at age 10 was picking rocks at a strawberry patch in northern Minnesota. If you’re not familiar with rock picking it’s HARD. Basically, you pick up rocks and move them from the strawberry patch to an isolated corner of the field so that when it’s time to harvest the ripe strawberries, the rocks don't get in the way.
It's graduation season, and for many parents, this time of year is a clear and present reminder of a milestone that can be the cause of much financial stress--paying for college. Whether you are starting early or late in the college savings game, there are a number of things you can to do to prepare.
You know the families with spoiled kids who are always throwing money at leisure without concern? And the families who control their children’s spending down to the penny? When it comes to money, it’s best to avoid both of those extremes. But there is a happy medium! It’s all about finding the right opportunities to talk about money. Here are some easy do-at-home or on-the-go tips for helping tweens understand money management.
If you asked your kids what you spend money on and what you don’t, what would they say? Our kids are learning a lot about what we value and how we use our money to promote our values.
In too many families, talking about money is the equivalent of picking a fight. It can be hard to talk about money with your kids, especially when they’re always asking for it! Yet, our kids can’t learn how to manage money well unless we talk with them about it and also give them opportunities to practice managing money.
Nothing teaches your kids how to manage money better than getting them involved in your family budget. It’s a small thing you can do that will make a huge impact.