5 Tools to Help College Students Manage Their Money
Along with worrying about their academics, parents are worrying about their college kids' financials. Here are 5 things parents can do to help sharpen students' money skills.
financial education
QUIZ: How Financially Literate Are You?
In honor of Financial Literacy Month, here are 10 money questions to challenge your basic knowledge about managing finances.
1 in 4 Teens Plans to Rely Financially on Parents Until Age 27
Teens don't have nearly as much faith in their future prospects for achieving financial independence as they used to, a new survey reveals.
9 Ways to Teach Teenagers About Money
While some school systems have added financial literacy to their curricula, many have not, and in the end, responsibility for ensuring your offspring are ready for adult financial life is on your shoulders. Fortunately, there are plenty of ways you can add to your teens' practical knowledge.
13 Financial New Year's Resolutions to Keep in 2013
When it comes to keeping New Year's resolutions, plenty of us don't have such great track records. But most people who made financial resolutions in 2012 kept them, which makes them a smart addition to your annual ritual. To set the stage for your success in 2013, here are 13 resolutions to consider.
Help Your Kids Buy Financial Savvy With Their Allowances
Many parents give their kids an allowance, but too many don't use it to do the very thing it's meant accomplish -- to teach kids how to handle money. If your child is getting an allowance, but not getting a financial education, here's how to begin correcting that.
Financial Advice for Teens, From Teens (and Most Teens Need It)
Last year, Charles Schwab conducted a study on teens' financial knowledge and perspectives on money. Most considered themselves pretty savvy -- but weren't. Three teens who actually are have these smart tips for their peers.
3 Investing Questions You May Be Too Embarrassed to Ask
When it comes to investing, no question is stupid, and no question is simple. Indeed, it's the ones that may appear to be the most obvious that can be the most important -- and the ones that people are often too embarrassed to ask.
529 College Savings Plans: What You Need to Know
What might be the most accessible and simplest way to save for college -- a 529 savings plan -- is also one of the most widely misunderstood financial tools among consumers. Let us clear up some of that confusion.
Chores, Yes; Allowance, Maybe: Teaching Kids About Work and Money
The vast majority of parents assign chores to their children, but only about half give their kids an allowance. And among the allowance payers, just 21% tied the payouts to chores. Those who aren't paying allowances might want to consider it.
7 Ways to Teach Kids About Saving ... and Giving
As the season of giving brushes elbows with the cabal of commercialism, we're presented with an ideal "teachable moment." Here are seven ways to show material boys and girls that saving -- and giving -- can be just as rewarding as getting.
How to Live Richly on Just $40,000 a Year
Danny Kofke is a special education teacher in Atlanta. Married with two young daughters, Danny recently wrote A Simple Book of Financial Wisdom: Teach Yourself (and Your Kids) How to Live Wealthy with Little Money. The title says it all. Here are his tips:
Recession Sobers Once Spendthrift Teens
Guess what the recession hath wrought: A little teen sobriety. According to a new survey, nine out of 10 teens say they were "affected by the recession," causing major shifts in perspective that include a greater appreciation for what they have and an increased awareness of financial hardship.
What Moms Teach Us About Money
Research shows that what our parents teach us about money lays an important foundation for our future financial fitness, and the anecdotal evidence is just as strong. So if you're a rainy-day saver or a coupon clipper, you probably have mom to thank.