Tag: family

Personal Financial Planning For A Loved One With Dementia

It is estimated that over 5 million people are living with some form of dementia in the United States alone. As the population continues to increase, these numbers are expected to rise. There are various types of dementia, such as Alzheimer’s Disease, Vascular Dementia, Frontotemporal Dementia, and Lewy Body Dementia. When a loved one has […]

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What Should You Teach Kids About Money?

When it comes to teaching your kids about money, think of it as teaching them survival skills. If you do not teach them about money–budgeting, saving, spending, and credit–it will be left to trial and error, which could prove costly and time-consuming. Since only about 15% of young people learn personal money management in school, […]

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Fun Summer Activities on a Budget for the Family

When the weather starts to heat up, and more people head outside, that’s when budgets start to go downhill. While all family members look forward to summer, parents and children typically have different viewpoints on what constitutes as a “fun” summer activity. Of course, when the cost is a factor, trips to the expensive theme […]

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Money Management Advice For The Whole Family

A common complaint among consumers today is the lack of funds. Regardless of how much money a household might earn, there never seems to be enough of it. Making do with an average income is the goal of any household budget. In fact, the entire family should get involved in their financial management. Explore how […]

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Do Kids Understand the Value of a Dollar?

My father always used to ask me “Do you think money grows on trees?” and back then at the ripe old age of 3 or 4, yeah I probably did think that. It’s difficult to tell if kids truly understand the value of a dollar. Kids aren’t born with financial literacy knowledge or the budgeting […]

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