Today’s household might not be multigenerational under one roof but most people in their 40’s and 50’ do have to think about supporting their multigenerational family. If you are part of this so called sandwich generation, there are a few strategies for you to manage this family dynamic.
Credit cards aren’t going out of style anytime soon, which means every individual who uses a credit card needs to be up to snuff on the latest security practices. This includes secure online shopping, continuous monitoring, and notifying financial institutions when there is a possibility of credit card fraud.
Finding extra money is good any time whether it’s one dollar or one thousand dollars. What is surprising is that many of don’t think of all the places we can find a little extra cash. Finding this cash can be little effort but for bigger windfalls, a little more effort might be required.
If your son or daughter is heading to college this fall, both you and your child most likely have a lot on your mind – finances, meeting new people, choosing a major, and more. With all of these conversations happening, it’s a great time to talk with your child about the basics of budgeting, establishing credit, and opening a free checking account.
Summer is most often cited by kids as the best time of the year mostly because there is more fun than learning. For parents, summer fun can also be a great financial teaching moment for your kids.
June is a busy month with several opportunities to spend money like graduations, weddings and entertainment. The key to having a strong financial month is finding ways to save on those expenses.