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Pay kids an allowance

Should Parents Pay Children an Allowance?

My wife and I have started to get more serious about teaching our children principles of stewardship by providing opportunities for them to earn money and budget it with give, save and spend banks.  I’ve shared nuggets of financial wisdom with my 7 year old in the past, but she’s just now getting excited about [...]

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Buy Groceries Today, Pay For College Tomorrow!

Saving Money For College – A Upromise Review

As the financial crisis still presses hard against the majority of citizens, saving money for college can be a difficult task whether you are a student looking to start, or a parent saving for your child’s college education. Luckily, there are programs that can assist families who are looking for ways to pay for higher [...]

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Following Your Passion

Study Shows Following Your Passion Leads to Greater Success

With graduation ceremonies right around the corner, I thought it would be a good time to discuss the topic of following your passion when looking for a career.  I know many college students (along with adults) choose a particular career because of the money involved first. I am not saying that money is not important [...]

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Children

A Children’s Savings Roadmap

There are a lot of different savings levels for children as you probably are aware.  Depending on your child’s age, “savings” can mean a lot of different things. So, I decided to put together a children’s savings road map to help guide parents (and children) when learning the importance of saving money. Piggy Bank Savers [...]

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Teach Kids about Money

Five Ways Not to Teach Your Children about Money

I write today’s post for myself just as much as I do for readers as helping my children learn about money is something that is very important to me.  I feel I’m not always the best teacher so there is some conviction that comes with this post. Many people learn about money when they first [...]

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Kids and Money

Kids and Money: A Recent Credit Card Lesson for My Daugther

As you know from some of my posts, I am very open when it comes to discussing money issues with my children – especially my seven year-old, Ava.  Some of the things I have discussed with her include ways to save money, our monthly expenses and student loan debt.  Recently, the opportunity came in which [...]

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Parents and Money

How to Talk to Your Elderly Parents about Their Finances

Talking to our elderly parents or grandparents about money is not necessarily easy.  It is admitting to ourselves that they are not doing as well as always and may need some assistance down the road.  I know in our family that was not always the easiest thing to realize that my grandparents were not able [...]

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A Christmas Lesson about Difficult Spending Decisions for Your Children

A couple of years ago I was tested and learned a very valuable lesson around Christmas.  From reading my posts, I am sure you can tell that I am a pretty frugal person and do not over-spend.  I really don’t try to keep up with The Joneses and am not usually tempted to buy things [...]

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What Is on Your Child’s Christmas List for Santa? Survey Results from Nielsen

If you have children, you know this can be a stressful time of year trying to find that “perfect” gift.  As a father to pretty young daughters (4 and 7) I was prepared to enjoy these next few Christmases when I would not have to spend too much money since they would be satisfied with [...]

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