Thanks for stopping by! Together, with credit unions across the nation, we’re celebrating money-smart families.
The cost of rearing a child is a mind-boggling $233,610, according to a recent study by the U.S. Department of Agriculture.
Want to keep your kids engaged this summer without breaking the bank? Try out one (or several) of these low-cost, high-fun ideas.
I knew the day would come—some palooka’s in love with my little girl. OK, so maybe I have absolutely nothing to worry about. After all, he’s four and she’s three. Just the same, their pre-school teacher informed me of his infatuation with her and now I’m reminded of something I’ve conveniently tucked away since my daughter’s birth. One day, my little girl’s going to grow up, fall in love and get herself hitched. That freaks me out. Not the part about her growing up and falling in love (although I’m sure that ain’t gonna be a picnic). No, I’m thinking about paying for a wedding. I mean, c’mon, the average…[more]
People always ask me, “Hey Daddy-O, why you so cool when it comes to money?” My answer? “My parents, baby, my parents!” My family wasn’t rich growing up, but my mom was a smart gal. She taught me the value money and how to save at an early age. I even had my own savings account when I was seven years old (OK, so I only had 10 bucks in it, but that was a whole lotta lettuce in my mind). But I digress. The point is this: open an account for yo kids! It’ll make a huge difference in how they value money. If they already have an account,…[more]
You’re riding high in April Shot down in May But I know I’m gonna change that tune When I’m back on top, back on top in June That’s Life, by Frank Sinatra Many investors took a bath over the past few years, so I don’t blame you if you’re a little gun shy about investing money. And with the economy still kicking people in the rear, saving for the future may be taking a back seat to worrying about immediate needs. But a little post-recession jitters ain’t a reason to stop thinking ‘bout the future. Like Frankie said, “I pick myself up and get back in the race.” Now’s the…[more]
If you’re like most adults, saving money, investing and interest rates probably weren’t popular topics around the dinner table when you were growing up. As a result, many young people get thrown to the wolves when it comes to taking their first steps toward managing their finances. Without some type of financial education, many Americans learn by making mistakes. Why an allowance? In the “old days”, an allowance was used as a reward (for good grades) or as a tool (mow the lawn and earn some green). But these days, giving a child an allowance is an important learning tool that can lead to a healthy financial future. Some good…[more]