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.
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.
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.
Paying for college: 529s and more
The rising cost of college and the mountain of student loan debt facing many college graduates have many parents concerned. Fortunately, there are ways to help your children leave school with less debt whether you are starting early or only have 12 weeks to go.
Home improvements are not all equal. Some provide more value for resale than others. However resale value is not the only criteria that should be used to determine the projects to complete. Deciding which home improvement projects make financial sense is not an easy task.
The first six months after graduation are a key time in a college grads financial life so whether you are the graduate or have a child graduating there are a few financial steps that can really improve the probability of having long term financial success. Learning these basic financial habits early in life will be a great foundation for future success.
May is all about graduations, the race and the start of summer vacation season. All of these seem like opportunities to bust your budget however, with a little planning and moderation, you can actually improve your financial situation during the month of May.