Family Finances: Teaching Your Kids About Credit

Family Finances: Teaching Your Kids About Credit

Good credit is better than bad credit, that’s a fundamental truth. Like it or not, our credit and credit score impacts so many aspects of our lives. Good credit allows us to pay less for cars, homes and insurances, and bad credit can keep us from getting the job we...
Family Finances: Teaching Kids About Budgeting

Family Finances: Teaching Kids About Budgeting

Why do so many Americans struggle financially (two thirds of us are living paycheck-to-paycheck)? Is it because we don’t keep a personal budget? Maybe.  Is it because we don’t understand the principles behind budgeting? Probably.  While budgeting may not be...
Family Finances: Teaching Kids About Investing

Family Finances: Teaching Kids About Investing

You want to raise financially savvy kids who go on to become financially successful adults. How best to make that happen? Since even I zone out talking about budgeting and insurance, those are probably not the best topics to focus on. If we’re going to be successful...
Family Finances: Teaching Kids About Maximizing Income

Family Finances: Teaching Kids About Maximizing Income

A recipe for a happy life is this; earn as much as you can, save as much as you can, and give as much as you can.  Over the course of a 40 to 50 year career, it makes sense to try and earn as much as possible. In a perfect world, you’d get started as early as...
Family Finances: Teaching Kids about Cash Flow

Family Finances: Teaching Kids about Cash Flow

The tagline for the iconic action figure brand G.I. Joe was “Knowing is half the battle.” While “knowing” may not actually be 50% of what you need to successfully manage your money, it’s a big part of it.  On a scale of 1 to 100, how well do you know your family...
Family Finances: Teaching Kids How to Save Money

Family Finances: Teaching Kids How to Save Money

Successfully managing family finances and teaching your kids how to save money is one of the most fundamental and important things you can do.  I can’t overstate the importance of what I’m going to talk about today; if your child is able to adopt these skills it...