The one year old I started a college fund for back in 2004 was just recently accepted to college. He received several scholarships, took courses for college credit in high school, and will be living at home attending an in-state public university. All that means I don’t need as much in college savings as all those financial calculators said I did. Check out what options we’re looking withdrawing the extra, and revisit an old friend – the College Compact – in action.
Kids and Money
Are you sacrificing too much for your kids – giving them what they want now and forgoing what you want the most? Today on the site I’m talking about when we parents don’t put on our own financial oxygen masks before putting on our kids, and giving some tips to help you focus your spending on what you truly value. Also looking for your suggestions for saving in the comments!
I hope you’ve enjoyed allowance week, where we covered the great chore debate, talked about how much to give your kids, what to spend it on, and different ways to make the payments. Today I’m going to give you a boatload of resources you can use for your own kids (or to send to your […]
So you decided how much you’re going to pay your kids, what it will be based on, and how you’ll have them divvy up their money. But what about the practical here – how exactly are you going to pay them? After all, if you’re like me, you may or may not have cash for […]
Now that you’ve decided what you’re going to use to figure out the allowance you’re paying to your kids – and how much you’re going to give them – you’re faced with the question of what they should do with it. After all, you don’t want to just fork over a bunch of money for […]
One question I hear all the time, that soooo many parents struggle with, is exactly how much money to give their kids for an allowance. If you look up “average allowance”, you’ll find a recent study from the American Institute of Certified Public Accountants that found that kids are paid an average of $30 per […]