When I saw a promotion for a $50 bonus for my teenager to open an account with Fidelity (debit card! investing! no fees!) I thought it might be too good to be true. Come learn about our opening saga and check out my tips to avoid all our mistakes so your experience goes more smoothly.
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 …
What To Do With That Allowance? Spend, Save, Share ~ Allowance Week Read More »
MoviePass, at just under $10 per month for unlimited movies, sounds too good to be true for the movie lover. After all, a single evening ticket costs an average of $9.16Â – up 4% Q1 of this year compared with last year. And sure enough, it looks like it is. I started this draft post …
Why MoviePass Is Going Under – Hard Lessons In Business Read More »
Lots of parents are out there looking for good, creative ways to get their kids interested in saving and investing, particularly for retirement. After all, a top regret of people who are older is not starting saving and investing early on. Today I’ll share the strategy my parents used to get me to open my first IRA as a teenager, one I still have to this day.
Parents often struggle to teach their kids about money. For the past four and a half years, my kids have each owned a share of Disney and a share of Nintendo. Lets see how those stocks have performed over time, and how I use them to teach my kids basic investing concepts.
One thing many parents struggle with is – how do you teach kids about money without boring them? How do you know what lessons are appropriate for what ages? From simple lessons like savings, to complex ones like investing – from checking accounts to 401ks – those of us who are parents interested in personal …
Teaching Kids About Money – Savings Bond Edition Read More »
