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.
When planning for your future, don’t neglect to include insurance. Often this is the most ignored piece of a person’s financial portfolio. And yet, it has major significance. Insurance provides peace of mind and financial relief when you most need it.
Teaching kids about money may not come naturally to most. But like any skill in life, giving your kids hands on experience when they are young will pay dividends later (pun intended). Below you’ll find four simple ways to teach good money habits.
It’s easy to get discouraged when we haven’t saved the amount we would like for retirement. However, it’s more beneficial to use that energy toward fixing the issue rather than dwelling on past mistakes. There are several ways you can catch up on your retirement savings and it’s never too late to begin.
When you’re in the market to buy a car, the process can feel a bit overwhelming. With so many vehicles and financing options available, it’s important to get ahead of the game before you even start looking.
People who are in financial distress typically don’t realize there is a problem until it is too late. Like many of life’s difficult situations early detection is the best way to avoid serious consequences. Knowing the warning signs and the financial behaviors that can lead to financial concerns is the best way to keep your finances on the correct path.
None of us are perfect when it comes to good money habits. But that doesn’t mean we can’t do our best to impart smart financial basics to our kids. Below are a just few practices you should avoid!
Another year has come and gone. And while it’s exciting to think of the New Year and new beginnings, there is also value in reflecting on the past. From a financial perspective, taking a look back at 2015 can help you lay the foundation for moving forward in 2016.