#14613: Teaching Children About Money

One of the most important things you can teach a child is how to manage money and invest for the future. The Three-Jar Allowance To learn how to manage money, children need some money to manage. Typically, this money comes from an allowance or from doing small jobs for friends and neighbors. As a first step, you’ll have to decide … Read more »

#14509: Saving for Emergencies

One of the most effective tools for preventing a large-scale financial disaster is an emergency fund. An emergency fund is an amount of money that is set aside to cover unexpected expenses, or to keep you afloat if no regular income is coming in. Even if you have a great handle on your finances, unexpected challenges can come along that … Read more »