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Categories: Kids and Money, Students

Before you can help your teen make wise money decisions, it’s useful to know how adolescents receive money and how they spend money.

Most college students have been at school for nearly a month making it a good time for parents to review newly created financial habits. A few simple questions can help you determine if they are on the right track financially.It is really important for them to get started with good financial habits.

Ever wonder how or even what you should be teaching your teenager to help make them more financially prepared?  The teenage years can be a difficult time to impart financial wisdom. They have little income and very little if any financial responsibility. If one is not careful, it is very easy to create bad financial habits during these formative years.

How financially savvy is your college aged child?  Are they prepared for the real world and ready to make real financial decisions on their own?  Building good financial habits during college is extremely important to long term financial success. Following are few ways to help your child become good at making financial decisions.

If you have kids, no matter the age, you’ve probably at one point at least thought about how to 
pay for college someday. If you don’t already have a plan in place, or if you have a plan, but 
you’d like additional suggestions, we have a couple ideas to help you get started

Having your first child or adding to your family is a very exciting and rewarding experience.  Before the baby arrives there seems to be a lot to do, fix up the nursery, attend baby showers and yes, start planning financially for that new bundle of joy. New children often require a re-working of the monthly expenditures, whether you are on a budget or not.

As a parent you know that saving for your child’s future is important. You may have established several different methods for saving for them including education funds. While it is important for you to save for your child, it is just as important, if not more,to teach them to save for themselves. Here are a few ways to get them started saving for a new car, college, travel, and other expenses.
 

Categories: Kids and Money

It’s seems harmless enough: you want your child to do well in school so you offer them money for good grades. So, is paying for good grades the best solution for you and your child? Here are some things to consider...

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FORUM Credit Union in Indianapolis, Indiana is federally insured by the NCUAFORUM Credit Union in Indianapolis, Indiana is an Equal Housing Opportunity lender
Federally Insured by NCUA