For parents- this is the second in a three part series I’m dedicating to teens. Due to a friend’s crisis situation, involving her teenage daughter’s lack of budgeting, I’ve written yesterday and today’s article for teenagers. In the last three years, we’ve made a cultural shift toward saving money and making the dollar stretch. Unfortunately, [...]
Category Archives: For Parents
Raising Financially Smart Adults, What Can You Do Today?
Financial responsibility- don’t neglect teaching this important attribute to teens.
I am opening a checking account with one of my kids tomorrow. It’s an historic event. Soon small boxes of checks will arrive, in anticipation of careful spending. My daughter has had a savings account but never a Visa card, nor a checking account. She is [...]
Dorm-land Savings Time
For those of us who watch a budget, sending a kid off to college is a weighty expense for the unprepared. I mentioned costs of applying for colleges in earlier blogs. This time I’d like to get “real world” with the myriad of dorm related purchases and what I do to avoid financial ruin in the [...]
Hello College! Goodbye Cash! The Hidden Costs of Sending a Kid to College.
What? School just got out. Why am I broaching this topic now? For those who watch their budgets, sending a child off to college can wreck unexpected havoc on your fiscal flow chart. If you haven’t considered the many “unmentionables” that college life costs us parental units, it’s high time to start planning AND saving.
August [...]
Summer Vacation: Embrace Your Inner Tightwad!
It was the last day of school. As was tradition, I arrived to pick my kids up.
They weren’t in the car yet, but I girded my loins to prepare for battle. Brightly colored papers clutched in my youngest daughter’s hands bore evidence of impending drama. Extracting one she proclaimed, “Mom!” “There’s a gymnastic camp [...]
