Financial Milestone: Having a Baby

One of the biggest financial commitments that you can make in life is having a baby and then raising that child to adulthood. It costs a lot to raise a child. The USDA thinks that it costs about $235,000 to raise a child from birth to age 18, and that doesn’t...

Should You Let Your Kids Buy Stupid Things?

Many parents provide a way for children to learn to manage money. Whether it’s through an allowance, or whether children earn money by performing various tasks, the idea is the same: Give children money to control, and help them learn valuable money lessons...

Games That Taught Me About Money

One of the biggest debated topics in personal finance is how to teach children about money. Do you give them an allowance? Do you pay them for good grades? Do you open a checking account early? There’s a lot of different ways to approach the matter, but one of...

Family Fun on a Budget

As the father of three children between the ages of seven and two, I’m always on the lookout for ways to keep the little ones occupied and having fun without spending a fortune.  Talk about easier said than done!  Even a trip to the movie theater costs an arm and a...