article thumbnail

The 5 Most Important Personal Finance Lessons to Teach your Child

Prairie Eco-Thrifter

Before you get ready to shove those kids of yours out of the nest, here are what I consider to be (based on my experience as a person, a Mom, and a Grandma) the most important things you (or someone) should teach them about personal finance. Here, told as I would tell it to my Grandkids, are my top 5 lessons.

article thumbnail

Grandparenthood Can Be Expensive!

Prairie Eco-Thrifter

In Huffington Post article Boomers Give New Meaning To Spoiling The Grandkids author Linda Stern reported: “Roughly 36 percent of the grandparents surveyed by AARP said “spoiling (grand)children by buying them too much” was a part of a grandparent’s financial role.”. It’s my grandkid!”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

Create an Emergency Fund Let’s talk personal finances— $8,883 —that’s how much American households have in terms of emergency funds on average. You can use stocks and bonds to build wealth for your family and achieve a much more balanced investment strategy that nicely aligns with all your financial goals.

article thumbnail

Ways for Busy Parents to Teach Young Children About Money

Prairie Eco-Thrifter

Use the below as a guideline only. Where ever your child is on the learning continuum – here are some ideas on ways to teach personal finance without spending (much) extra time specifically on it. My grandkids were 6 and 3 and they really got into this! It certainly isn’t an exhaustive list! Birth to Age 3.

Money 187
article thumbnail

The Best And Worst States To Retire In 2023, Ranked

Savings Corner

Picking a place to retire is one of life’s most consequential decisions — and ultimately, a deeply personal choice. Maybe you prefer golf over cross-country skiing, or you just want to be near your kids or grandkids. Bankrate also used the Sharecare Community Well-Being Index released in 2021. Geological Survey.

Iowa 52