raising money savvy children

3 Secrets To Raising Money Savvy Children

How To Raise Money Savvy Children (hint:  it’s never too early, but it can be too late).

Raising money savvy children and teaching them to be financially responsible is like giving them the short cut to being self-sufficient.  Every day, I hear horror stories from clients about their adult children that can’t stand on their own two feet.  And what happens?  Parents end up picking up the slack “one more time”, often compromising their own financial security.

Let’s Talk About It

Money is one of those very touchy subjects for most.  Not having calm, rational conversations about money makes it very difficult to teach the next generation how to use their money wisely and become money savvy children.  It is important to learn to have unemotional conversations about money.  Think of it as any other tool.  Would a talk about a hammer get you worked up?  Of course not!  Money is nothing more than a tool, one we use nearly every day.  What is it about money that causes so much stress?  Take some time to really drill down into finding your money trigger.  Start taking baby steps to opening up the communication channel with someone you trust.  Building the “money talk” muscle and showing your children there is no need to feel anxious or fearful when the topic comes up will help them feel comfortable asking questions.  And by asking questions and building trust, they will learn about money in a positive, non-confrontational way.

Save Money On Travel

7 Ways To Save Money On Your Next Vacation

Get Out And Enjoy The Last Few Drops Of Summer! In the Boston, Massachusetts area summers are short and winters too long. There is still time left for a little summer self-care. Unplug your phone, recharge your mind and take in a change of scenery.  A break from your routine can help you return renewed, refreshed…

financial advisor

3 Life Events That Shout “Call Your Financial Advisor!”

If this happens to you, it’s time for professional guidance. “So, when should we get together again?”  After wrapping up a Portfolio Review or Financial Planning session, this is the question I get asked most often.  When to call your Financial Advisor outside of scheduled meetings depends on what is going on in your life. …

Wall-Streets-Fearless-Girl-how to become financially empowered

4 Ways To Become Financially Empowered

Want to learn 4 ways to become financially empowered?  One of life’s great mysteries is the fact that few of us are taught what we need to know about money and personal finance in order to feel secure. Our parents weren’t taught so they couldn’t teach us. We’re not taught and therefore, cannot educate our children. And, our children will probably repeat this cycle unless we do something differently.

student loans

5 Steps To Improve Your Credit Score

 

Applying for student loans?  Worried about your credit score?  Here are 5 steps you can take today to improve your credit score.

At this time of year, many parents start scratching their heads and turn to their keyboards to search for answers to their pressing financial questions.  Parents, reeling from the sticker shock caused by their son or daughter’s college acceptance and award letter are trying to figure out how to pay for college.  Students are asking questions about credit, many for the first time.  Want to guess the financial question Google gets asked the most?  It is “how do student loans work?”  No wonder.  According to a recent Marketwatch article, Americans are trying to figure out how to deal with $1.4 trillion in student loan debt.  A study conducted by Liberty Bank for Savings found Google gets an average of 2.4 million searches per month from folks looking for the answer to this question.

Financial Literacy