Did you know that financial behaviors are set by age seven? Even if a student is receiving a financial literacy education in school, they’re likely not learning important lessons like budgeting, saving, investing, and managing income until high school. By then, they’re already facing tough decisions about how to spend their first paycheck and determining... Read More
This article originally appeared on The Financially Independent Millennial and was republished with permission. T. Rowe Price conducted a Parents, Kids & Money Survey in 2020 with some unsettling results. For example, just over half of parents surveyed have talked to their children (ages 8-14) about investing. Yet, 41% of parents haven’t discussed or taught... Read More
This article originally appeared on Arrest Your Debt and has been republished with permission. When I was a kid, there was always something I wanted to buy. The problem was, I usually had spent all my birthday money, and my parents were not in the habit of buying me whatever I wanted just because. If... Read More
This article originally appeared on Parent Portfolio and has been republished with permission. You don’t have to be a millionaire to start building wealth for your children. Instead, there are a couple of ways you can increase your assets and net worth to pass down to the next generation. Whether you call it family wealth... Read More
Is it too early to teach your children about finances? Absolutely not! The earlier, the better! In this essential guide, we’ll show you how you can teach your children financial literacy in different stages of their lives. When They’re Toddlers Kids start learning even at the moment when they’re born. Though, this type of learning... Read More
Did You Know? According to the Nation’s Report Card on Financial Literacy. 66% of states earned a grade of C or worse for personal finance education. And only 17 states received a grade of A or B. If you’re ready to start thinking about your finances, we’ve got good news for you: April is Financial... Read More