Resolve to teach your kids personal finance skills in the New Year!
Not sure where to start? Pick a few tips from this top-ten list.
My 10 most viewed family finance tips from the last 12 months are:
Encourage your kid to save by offering a matching contribution, but attach some of these strings to send the right message.
Agree on this summer paycheck strategy to teach your teen the Warren Buffett saving rule. Instill a smart payroll deduction habit early.
Here are 6 valuable lessons your teen can learn from 529 statements if you’re willing to make a 15 minute investment every 3 months. See if you’re up for the challenge.
Don’t want your kids being cavalier about their possessions? Try this trade-in value trick.
Help your kid get from dog-eat-dog to top dog in tomorrow’s work world with this proactive alternative to chore charts and allowance.
Here’s why it makes sense to max out your working teen’s Roth IRA, even if they already blew through all their paychecks.
Can your kid handle making consistent monthly payments for an online subscription like Spotify? FamZoo data says many can’t. Here’s why it’s time to make your kid face the music.
Here’s a clever parenting trick for putting a chill on impulse spending by kids.
Try this fun visual prop for teaching your teen some important investing wisdom: timing the stock market is a fool’s errand.
Kids hear about stock indexes in the headlines all the time — the Dow is down, the S&P is up, the NASDAQ is flat. But do they have any idea what an index is? Here’s an easy, fun way to show them the what and why.
See any that fit your family?
Pick even just one, and you’ll have a quick victory to claim on your New Year’s resolutions. Better yet, you’ll make a lasting impact on your child’s financial future.
Happy New Year!
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