5 Ways to Teach Your Kids About Money this Halloween! Halloween is soon approaching and many parents overlook this spooky holiday as a perfect time to teach their kids about money! Here are 5 important money lessons to teach your kids this Halloween! Don’t eat all of your Halloween candy… Read More »5 Ways to Teach Your Kids About Money this Halloween!
Money Perspective from a Fifth Grader Ok, so let me start with some background. I am a banker by profession. I know a lot about the world of retail banking and money management as I worked in the field for many years, pre-family. In my current life, I am a… Read More »Money Perspective from a Fifth Grader
A Lender’s Perspective #2 26-year-old Ryan came into my office to talk about a “truck loan”. So I asked him the usual starter question for someone seeking a vehicle loan. I was certainly not expecting his story to unfold as it did. Here is Ryan’s story… He was a super… Read More »A Lender’s Perspective #2
Financial Literacy (The New Core Subject!) Financial Literacy is as essential as reading, writing, and arithmetic! Like it was yesterday, I can remember the day the lightbulb went on for me about the need for financial literacy in the classroom. I was volunteering in my son’s grade 3 class and… Read More »Financial Literacy (The New Core Subject!)
A Lender’s Perspective #1 I was a personal account manager for a top financial institution for many years. During my time as a banker, I discovered a love of lending. I met many different people and I advised them in many different situations. Although the situations were all unique, many… Read More »A Lender’s Perspective #1
What is Financial Literacy Anyway? You have heard the term. You know adults need to understand money. But what is financial literacy for kids? To keep it simple, financial literacy for kids means learning good money habits. It is all about education. Like the saying goes… knowledge is power. We… Read More »What is Financial Literacy Anyway?
Worth the Money? You Tell Me… Recently, my husband and I were at our friends house for a hot summer evening visit on the patio and their 13 year old son offered us an ice cream bar to cool down. He brought us the “fancy” ice cream bars. The kind… Read More »Worth the Money? You Tell Me…
Cashless Society? I recently had a discussion with a friend about the world moving toward a completely digital monetary system. We talked about how there is already a huge reliance on plastic with credit and debit cards. We discussed how the last few years have introduced even more technology based… Read More »Cashless Society?
Lead By Example: The Collection I have seen many scenarios of “lead by example” when it comes to money and kids. Here are a few… Lead by example number 1: My 8 year old son had a friend over for a playdate. The two boys were playing with a kite… Read More »Lead By Example: The Collection
44% of Americans do not have an emergency fund of $400*56% of Americans have less than $10,000 for retirement savings**69% of students take out a student loan, with the average loan being $29,800***There are many obvious reasons why kids need a financial education. The most glaring being the lack of readiness for an emergency, little retirement preparation and the rising debt load for students.