Kids
12 articles
There are many ways to teach kids about money, but the best way is to open the right bank accounts for kids and let them get a hands-on lesson on managing money. It might feel weird at first to let go of the reins, but don’t worry, parents have plenty of control to help kids
Most schools don’t do enough to prepare young people for financial independence. Parents can address this education gap with books about important financial topics, such as managing debt, building savings, and investing for the future.
If your child is one of the millions of college freshmen headed off to school, your August might be packed with shopping, gathering textbooks, and packing up entire rooms. And while picking out the perfect dorm decor might seem important, don’t neglect the deeper subjects. Now is the time to talk to your child about
Back when most of us were younger, we didn’t discuss money. Things seemed simpler then. Today’s parents take a more active role in teaching kids about their finances. And we’re left trying to figure out the right age to let our kids open a bank account.
If you want your kids to grow into wealthy, financially literate adults, you’re going to have to teach them about money. Here are some important accounts you can open on your child’s behalf to help them learn good financial habits.
I worked steadily through high school and college. I held a steady succession of mostly menial, mostly entry-level jobs: grocery store cashier, movie theater attendant, youth sports official, food delivery driver. My motivations were largely financial. During high school, I worked to fund the purchase of my first car and earn extra money to cover
For parents vacationing with little ones, the thought of subjecting fellow travelers to hours of uncontrolled wailing is mortifying. These tips from a dad who’s been there can’t stop diaper blowouts or screaming fits, but they can increase the return on your vacation investment.
Back when I was little, new parents had just one choice to make about diapers. They could use plain white cotton diapers, secured with safety pins and covered in plastic pants to protect against leaks, or they could use bulky, expensive disposable diapers. Cloth diapers were undeniably cheaper, but they were also a lot more work, and for working
There are multiple ways you can handle your kid’s allowance, and they all come with their own pros and cons. But the ultimate goal is to teach your kids money management skills, so it’s important to understand which allowance system is best for your kids based on their age and your objective.
The Children’s Health Insurance Program, or CHIP, provides low-cost health coverage to kids whose families can’t easily afford health care but aren’t poor enough to qualify for Medicaid, providing coverage for 9.6 million American children. Learn about CHIP coverage, how it works, and how to apply.
For parents who want the best possible education for their children, the choice between private school and public school is a tricky one. Both have their costs, but which is actually higher? And when you compare the benefits of private and public schools, are they enough to justify the costs?
Most of us know having kids comes with extra costs, such as clothing, food, and possibly college tuition. But kids require more than just food and clothes. There are hidden costs of raising a child many parents-to-be overlook. Here are some common expenses you should be sure to take into account.