Bank Accounts for Kids

ByKori
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Well folks, here it is- the final part of how to raise a money savvy kid. I truly hope that you’ve enjoyed this series and that it has been of some use to you. Next week, I will be starting a new series about how to teach your (hopefully) now money savvy kid how to save money. This is such an important thing to learn at any age, I think. But when you can start young, even better. This last part of raising a money savvy kid ties nicely into the new series as it’s all about bank accounts for kids.   Bank accounts are part of managing your money. While you probably don’t want to go out and get a checking account for your…

Budgeting For a New Baby

ByKori
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When Kyle and I got together, our family was pretty much complete already. Certainly, we did talk about the possibility of having more children but with both of us bring in two children already, we were also content enough with what we had. Squeaker, obviously, had other plans. And quickly we realized our blended family of six, would soon be a blended family of seven. One of the first things that we started talking about was how we were going to afford said new baby. Kyle has a pretty good job, and at the time I was still working part time. But after the baby got here? Well, that was another matter entirely. It might have been two months in when we started talking about…

How to Strengthen STEM Skills

ByKori
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Let’s face it, times have changed since you and I have been in school. And even though some things are still the same, there are major differences as well. I’m not just talking about common core because really, that’s another post for another day. Today, I want to talk about S.T.E.M skills and how to strengthen STEM skills. STEM, if you don’t already know, stands for Science, Technology, Engineering, and Math. There’s also another variation that includes art, which turns the acronym into STEAM. But why are these skills so important? And is that to say that skills like English and language arts don’t matter? Absolutely not. They all matter. But for this post, we’re going to focus on STEM skills. While politicians, teachers, and…

When to Start Saving for Retirement

When to Start Saving for Retirement

ByKori
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While I do enjoy being a blogger and being able to stay at home, one of the downsides is that there is no 401k or any sort of retirement plan involved. Of course, that doesn’t mean that you couldn’t start your own savings plan. And for those with a part time job where you might not have a benefits package, it’s also a smart idea to start saving for retirement. No one wants to face the prospect of working for the rest of their lives, though there are those out there who find the idea appealing. Still, it’s a good idea to know when to start saving for retirement. Retirement may seem a long way off to you, and you might not be worried about…

Before You File for Bankruptcy

ByKori
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If you’re having a lot of credit and debt issues, you may have considered filing for bankruptcy. This is often a last resort when it comes to personal finances and is not a decision that should be made overnight. Before you file for bankruptcy, be sure that you’ve explored and exhausted all possible options. Take a look at some of the tips and advice in this post for other things to think about before filing for bankruptcy. Personal bankruptcy is a big step for many people, and it is a legitimate tool that helps people get out from under a mountain of debt. Many borrowers successfully build their credit after filing bankruptcy, and continue on with success in their financial lives. Find out the real…

Teaching Kids About Money and Values

ByKori
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So, last week when I posted part nine of raising money savvy kids, I realized that it was out of order after I posted. My mistake! It’s still a valuable post so I left it as is. This week, part eight, is going to cover teaching kids about money and values. Next week will be the final part of the series and then we’ll move on to teaching kids how to save money. I think I have that all straight so let’s get to this next installment of how to raise a money savvy kid. You have your own beliefs about money and they might just differ from my beliefs about money. These beliefs come from your parents, they come from your experience, and they…