No matter how enthusiastic you are, trying to formally teach finance to kids is a tall order that is likely to make their eyes glaze over. Hold their attention by keeping money lessons relevant, age-appropriate and a bit playful.
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7 Money-Saving Tips for Teens
Most teenagers probably won’t leap at the prospect of learning about personal finance on their own.
That’s why it’s important to take the time to teach them smart money management. To get the conversation started, here are seven topics worth discussing to help your teen avoid costly financial missteps in the future.
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7 Banking Tips for Young Millennials
Once you start receiving your first paychecks after graduation, knowing how to spend or save your money wisely can be tough. While you may be able to do your banking with just a few taps on your phone, managing money well is much more complicated. Here are a few tips to help you get started.
Making the Most of E-Banking
Most people are at least somewhat tech-savvy these days. But when it comes to digital banking, you might be missing out on a few time-saving tricks. Here’s how the internet can help make your financial life easier.
Best Ways to Save on a Summer Vacation
When you’re trying to stick with a budget it’s never too early to start planning for your summer vacation. And because it’s a supply-and-demand world, the longer you wait to plan the more likely you’ll be up against higher airfare, hotel costs and car rental rates. But here are some tips to help keep things affordable.
Workshop: Building a Better Budget
A budget is the most powerful tool available for establishing financial control. In this seminar, you’ll learn to identify short-, mid- and long-term goals, design a realistic spending plan to live within your means, and outline savings plans to reach your goals. You will also learn about different options available for getting out of debt, staying out of debt, and staying motivated.
Debt and Savings: How to Tackle Both
Erin Lowry writes Broke Millennial, a weekly blog designed to help members of “Generation Me” become fiscally responsible.
Dealing with debt can be an anxiety inducing experience. The notion of being able to save while struggling to make ends meet is simply laughable. How dare someone suggest you build an emergency savings fund, or contribute to retirement when student loans, rent and credit card bills already eat up more than 60% of your monthly income? Even though it feels hopeless, there actually is a path to balance the opposing forces of paying off debt and saving for the future. In fact, you can get there in just five steps.
It’s a Money Thing: How to Counter the Effects of Inflation
When most people think of inflation, their response is usually similar to when they see a vintage advertisement: reminiscing about the cheaper prices of the past (15 cents for a burger? Awesome!) while simultaneously feeling some resentment towards today’s ever-rising prices. Generally, inflation is seen as a frustrating “financial fact of life” that passively affects everyone as price levels climb and as the dollar’s purchasing power decreases over time.
SavvyMoney Minute: Three Ways to Automate Your Finances
When it comes to financial planning, many of us have great, long-term dreams. But moment to moment, life can distract. Automating your savings and retirement, bill payments, and debt repayment can help you stay on track.
SavvyMoney Minute: Save for Something
Saving money can be hard–unless you’re saving for something. Having a definite goal in mind gives you a better chance at success. Research shows that visualizing the benefits of saving makes people 25% more likely to save.