Kids & Money

four different piggy banks lined up for family budget meeting

How to Hold an Effective Family Budget Meeting

Does your family have family meetings?  What about family budget meetings?  According to T.Rowe Price’s annual Parents, Kids, & Money survey, you probably don’t.  In the 2016 survey, 71% of parents said they were reluctant to talk to their kids about money and 59% of parents said they only do it when the kids bring …

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young girl in college library looking at books

What Happens to Your 529 Plan if Your Child Doesn’t Go to College

It is well known that 529 plans are the best way to save for your child’s higher education expenses.  77% of parents who are saving for their child’s college expenses are using a 529 plan, according to the College Saving Survey by Savingforcollege.com.  And with over 80% of parents wanting to pay for at least 50% …

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young boy holding hands with his dad walking outside while talking about financial literacy month

Financial Literacy Month: Get Money Smart With Your Kids This Month!

It may be freezing rain here, but April has arrived, and it is a fantastic day. April 1st kicks off the first day of Financial Literacy Month! In 2004, the Senate officially declared April Financial Literacy Month to combat the lack of financial education available to Americans.  Did you know that two-thirds of Americans are financially illiterate, according …

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young boy playing in grass after using famzoo

Why Your Children Need FamZoo (Not a Debit Card)

Sign up for FamZoo with this link before December 31, using the code HOLIDAY17, for an extra free month! It is the rare parent that doesn’t hope their kids grow up to be smart money managers.  We don’t want our children to face the stress of enormous debt or the pressure of living paycheck to paycheck. …

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middle school girl sitting outside reading a money book

5 Great Money Books for Your Middle Schooler

Most middle schoolers are very curious about money.  How it works, why some people have more than others, and how they can get some themselves.  Middle schoolers also start desiring higher cost items that they likely can’t afford with their allowance, and that you might not want to buy them on a whim.  This inherent …

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