Spending habits changed drastically during the worst of the COVID pandemic, making today a time to re-evaluate family budgets. Many parents found themselves increasing spending on their children both out of necessity...
NEWS & INSIGHTS
Custodial Roth IRAs: A Unique Gifting, Learning and Saving Opportunity
Did you know that any child who has earnings from a part-time job is eligible to have a Roth IRA, even though they are not yet an adult? Establishing a Roth IRA on behalf of a child, funded either from your child’s...
Saving and Spending Milestones for Kids by Age
Spending in the present while saving for the future are two key money concepts every child and adult must learn to balance. Spending and saving are mutual partners in that savings frequently support future spending...
Giving Your Kids an Allowance
You can’t expect your kids to develop sensible saving and spending habits without having money to learn with. That’s why giving your kids an allowance is an important part of their financial education. At its core,...
How to Teach Your Kids to Save Money
There are many aspects to financial learning and literacy, but a pinnacle objective is learning how to save money. Being able to save for your future is critical in supporting your ultimate financial well-being,...
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