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How To Teach Your Kids to Save Money

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Today, you can pick up pretty much any book, newspaper, or magazine and find an article about getting out of debt. Did you know that: * Nellie Mae reports that the average amount of credit card debt held by college graduates is $2,700. * USA Today reports that the average college graduate owes about $19,000 in student loan debt.

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Living a Frugal Life: Exploring Staycations

Prairie Eco-Thrifter

If you’re trying to save money, pay down debt, or both, then you might want to consider skipping your family’s usual summer trip and plan staycations instead. Check your local newspaper for free or low-cost events that you can go to. Have a Potluck Party. The adults can socialize while the kids are playing. Spend Some Time around Town.

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5 Ways to Trim Your Budget For Your Child’s College Fund

Prairie Eco-Thrifter

But those can saddle your children with debt for 20 years or more! Knowing exactly how much income is going out towards bills, unplanned expenses, and splurges is the first step in saving for a college fund. Look up the last three months receipts, ATM receipts, and bank records. Know Your Actual Budget.

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