Family Finances
Should You Loan Money To Your Children?
Is it a good idea to loan money to your children? We all have crossed this bridge one way or another. One day your child comes to you with a need for money. Maybe they screwed up and need money for college. Something is broken in their car or house. Because they have never saved […]
A Lifetime of Debt Can Negatively Effect Yourself and Family
We all know the problem with debt. It all starts simply when you buy something with that little piece of plastic. Its all so fun and innocent. Its a mindset that you need somethimg now. you don’t have time to save for it. Get it now and worry about the bill later. Maybe you don’t […]
Why Women Need To Save More For Retirement
In a conversation with my wife about our future financial plans the subject of longevity came up. We discussed our possible longevity and how it would effect our retirement. Our estimation of a possible life into our 90’s came up. Determining we could live so long and the statistics of women living longer had to […]
College Loan Defaults Increasing
There’s an interesting article, over at Yahoo.com, about graduates not paying their student loans. Figures from the U.S. Department of Education shows 7 percent of borrowers of federal student loans defaulted within two years of graduation, up 6.7 percent from the previous year and 5.2 percent the year before that. Here we have the perfect storm of easy […]
Teach Your Kids About Work and Money
Teaching your kids to work and having a work ethic is not easy. We had 6 kids in the house at one time. Giving them all chores to do was a time consuming task. Some did there chores well and when they were supposed to and some didn’t. It was a job to keep on […]
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