Bigger kids mean bigger toys. I don’t know about you, but the weekly allowance I’m doling out doesn’t seem to be going very far these days. I’m beginning to wonder if this whole allowance idea is really teaching my kids how to manage their finances. Or if it is just enabling a behavior I’d rather [...]
Those of us socking away money for our kid’s education these past two years are beginning to feel like Sisyphus eternally pushing that rock back up the hill. Our 529 accounts appear stuck in neutral while college tuition continues to skyrocket. Studies appear weekly showing the dismal “return” from private university degrees. What’s a parent [...]
With the start of school we are one year closer to writing that dreaded college tuition check. And the next one, and the next one….With college costs increasing faster than the rate of inflation, by the time my Kindergartner starts college, tuition at a public university will be approximately $140,o00 and at my beloved Stanford [...]
As we gear up for the start of another school year at my house, I’ve got three kids clamoring for their “back pay”. You see, while I may be organized in all other financial matters in my life, when it comes to remembering to pay my kids their allowance each week I am horribly remiss. [...]
Want to scare yourself silly? No need to visit the local cinema; just sit down for 15 minutes with your college-bound kid and talk about finances. Sadly, most soon-to-be freshmen are heading off to their new, independent life without a clue about how to pay for it. Remember, they’ve been living the high life on [...]
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