Recently in Category - Kids & Money

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Andrea

Financial Literacy Programs Help Kids & Others Learn To Be Responsible With Money

Do you realize that the average high school graduate lacks the basic skills needed to manage his or her own personal finances? In fact, most children tend to learn all of their parents' bad financial habits and none of the good. Fortunately, there is hope...
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Lynnette

Debt Consolidation vs Credit Counseling vs Bankruptcy

Hearing about Ivan's financial situation on NBC's Today Show made me flash back to my own college days when I, too, was in debt up to my ears. Jean Chantzky's recommendation for Ivan was basically to try credit counseling. Here's why, plus what to look for when you're trying to find a reputable credit counseling company...
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Andrea

Why Parents Should Consider Moving In With Their Adult Children

I recently wrote about how adult kids living with mom and dad can put a drain on the parents' retirement. But if you turn the situation around, it could actually be quite advantageous. Extended families are good for finances...
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Andrea

If You're Living With Your Parents Now, It Will Cost You Later

A large number of Generation Y is still living at home with mom and dad, in an effort to save for the future. While this means these adult kids will have more money in their bank accounts to buy a home and start a family, it also puts a strain on Mom and Dad's savings. And they still have their OWN future to plan for.
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Andrea

A Great Way To Teach Kids About Money (...That Helps Your Family Budget Together)

Here's a clever approach to teaching children about money. Give them a budget... no, I mean part of your actual household budget! Then, see how they do. Here's an example where the kids became more responsible, as well as better shoppers and savers. See how it works...
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Andrea

Will New Finance Curriculum In Schools Heal Georgia's Financial Woes?

The state of Georgia is facing serious financial problems. Georgia educators plan to fix this by adding financial literacy and financial planning to the state's high school curriculum. This means they'll have to remove 20% of social studies lessons to make room for the new finance and economics classes. Is is the right thing to do?
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David

10 Ways To Take Better Care Of Your Finances This Year

If taking better care of your hard-earned money is one of your New Years resolutions, I've listed 10 ways to help accomplish it. Getting a hold of your personal finances will not only help save money, but it will help control debt and plan for the future.
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David

Should My Child Have A Credit Card?

As a parent, the decision to give your child a credit card is an important one. Children need to understand the value of money before they have access to a line of credit. This article discusses some of the ways to teach children about money to ensure they do not rack up credit card debt in the future.
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David

How To Get A College Scholarship

College tuition is increasing every year. In order to pay for a college education for your child, you probably should start savings when they are very young. However, an option to help the burden is college scholarships. There are loads of free money out there to mitigate the cost, its only a matter of finding them. This article gives a few tips to completing that process.
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David

Saving On Auto Insurance For Teenage Drivers

Auto insurance for teenagers can be very costly. To reduce your premiums, parents should be aware of several ways to bring these insurance premiums down.
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