Let’s face it.  The current level of personal finance education is staggeringly poor.  Students in our public schools are receiving little, if any, education on how to properly handle their finances.  Most of the parents of those same students are so bad with finances that they are unable to teach their kids anything either.  One [...]

The other day, as my daughter was on her way to the car when I picked her up from daycare.  Along the way, she noticed something on the ground.  In the excited voice of a 4 year old, she said “Daddy!  Look!  A rainbow!”, and then pointed at the spot on the ground she was [...]

I had my first baby last June, and I probably bought one or two small purchases new. The rest was all second hand. I’ll also let you in on a secret, but please, don’t tell anyone I know. I returned about 90% of my baby gifts and bought stuff for our new home instead. I [...]

What are your children’s expectations for Christmas presents?  Do they expect many Christmas presents under the tree and their every wish to be met?  Do they expect a modest Christmas? Believe it or not, the answer to this question doesn’t really depend on your kids; it depends on you.  From the time your children are [...]

Most of us reach a point in our lives when we think we are ready to buy our own home. If you’ve been thinking that yourself lately … pause for a minute and examine your reasons carefully. After all, home ownership is possibly the largest single investment of your lifetime and such a momentous decision [...]

The cost of college can be eye-watering for many, if not all, students and parents alike; and it’s not just tuition fees that have to be paid, but all the living and additional costs ranging from rent to textbook purchases. With many families feeling the pinch of the economic downturn more than ever at the [...]

Occasionally, there comes a time when you have to take a look at your personal finances and do a little personal finance reassessment.  While the need may arise to do a complete overhaul once in a while, a simple reassessment can usually suffice.  All it takes is a little attention, and some dedicated time to [...]

Tax season is right around the corner.  Before you know it, we’ll all be holed away in some corner of our house punching numbers into our computers as we try to squeeze a few more of our dollars back from the IRS.  That’s a task that might get a bit harder for some parents this [...]

When we are young, our parents take care of us.  From the time we are mere babes, they wash us, feed us, clothe us, and give us the love and nurturing that we need to grow up into adults.  Even as young adults, our parents are often right there to help us get back up [...]

Much like the Roth IRA movement that I participated in a while back, Jeff from Good Financial Cents is spearheading a Life Insurance movement today.  The movement is designed to help educate people on the different types of life insurance, the ways to go about getting life insurance, and on how life insurance works, in [...]