article thumbnail

Over 40 and Worried about Money? Start here!

Family Balance Sheet

They’re taking a gap year between high school and college. And in adulthood, they are stashing their incomes and living hyper-frugally to save for early retirement, instead of waiting to 65 to fulfill their dreams. The cost of college education is crushing and many parents feel compelled to assist or pay for the entire tuition.

article thumbnail

How To Teach Your Kids to Save Money

Couponing 101

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. Thinking of having over $21,000 in debt after graduation is enough to make too many kids reconsider college!

article thumbnail

What to Do With Money: A Mom’s Guide to Smart Money Management

Penny Pinchin' Mom

I’m talking about how to earn, save, invest, and ultimately make your money work for you. Statistically , you are probably going to outlive your spouse. Do you have a retirement plan or a healthy savings account? Additionally, I have a checking account and a savings account with the same bank.

Money 52