Marriage can be the ultimate expression of love between two people. However, financial problems are serious obstacles that can test the bonds of marriage. From losing a job to overspending, money conflicts are one of the leading causes of divorce.
Spring break is around the corner, and the kids will be home from school for the week. Plenty of families use that week off from school as an excuse to head off on a cruise or to visit a luxurious beachside resort. But what if an expensive cruise or pricey resort isn't in your family's budget this year?
Financial education begins at home. What's one way that you can teach your kids the importance of setting financial goals, saving money, and watching what they spend? By involving them in the process of creating your family's budget.
A long vacation to a far off destination is the perfect way to spend summer, but that can be expensive. Trying to stick to a budget? Then, this year, you may want to modify the family vacation. After all, kids don't care about fancy perks or exotic locations. They just want to spend time with you.
Getting married can be exciting. Once the honeymoon is over, you’ll begin settling into the routine of married life. Your decisions from now on will no longer just affect one person; it will also affect your spouse. To avoid falling into financial issues, one of the first things you should do as a couple is to create a household budget.
It’s never too early to begin teaching your children about the importance of budgeting. Children as young as toddlers can start to understand the concept of saving and spending. The key is to start early and expand on their knowledge and understanding as they age.
It’s never too early to begin teaching your children the importance of saving money. Whether they receive tooth fairy money or earn a paycheck at their first job, all are teachable moments that can have a tremendous impact on their future financial lives.
As the summer comes to an end, feelings can be bittersweet. While vacations and relaxing days for kids are waning, most parents welcome the structure and routine of the school year with open arms. However, before those routines can get into full swing, there’s much to do. Children need back-to-school supplies and clothes, which can throw your budget for a loop without a little planning.
A divorce can affect not just your emotional state, but it can also have a significant impact on your finances. If you're going through a divorce, you must develop a plan of attack for your finances. We want to be sure all our members have all the knowledge they need to minimize the financial effect of divorce.
It’s never too early to begin teaching your kids about money and finance. While the banking question is one that might not arise until your kids are teens, the education teenagers need about managing their money today is wholly different from the one you may have received when you opened your first account.
