Is it remotely possible to be Santa and a responsible parent at the same time?
parents
Monkey See, Monkey Do? Just 1% of Kids Save Any Allowance Money
Studies have shown that most parents are poor financial role models for their children. So is it any surprise that of the money American kids get in allowance—a hefty $780 per year, on average—almost none is saved?
Should Kids Be Fined If They Skip School?
Child Care or College Tuition: Which Family Expense Is Rising Faster?
For many families, the costs of child care and college are obviously intertwined. Parents pay for the former so that they can work and save up enough—to help pay for the latter. It’s not news that the prices of both of these …
Why Kids Will Feel the Pinch on Back-to-School Duds
If any good came of the recession it was that individuals refocused their values and that families started discussing debt and what they could and could not truly afford. Psychologists predict it’s just a matter of time before …
Got Stuff? Typical American Home Is Cluttered with Possessions — and Stressing Us Out
The idea for a new book by UCLA researchers sounds pretty boring. A team of anthropologists went into 32 typical homes — middle-class, dual-income families, with school-age children — and cataloged what they saw. Sorta like …
Going Away to College This Fall? You’re Now the Exception
For American students, heading off to college has traditionally also meant physically going away to college. But now, at a time when college costs are soaring, and when news of young people being saddled with burdensome student …
Million Dollar Babies: What It Really Costs to Raise a Child
Last week, the Department of Agriculture announced that the cost of raising a child is now estimated to be $234,900. The fact that this figure represents an all-time high probably set some new and expectant parents into a panic. …
A Mom’s Work Is Worth $113K Annually. Or Maybe About Half That
How much is a mom worth? The answer, of course, is — everybody altogether now — “priceless.” While that’s the safest response (and I swear it’s the truth, Mom!), it’s also boring and vague.
What Teens Worry About: Drugs, Sex and … Future Salaries?
A bunch of new surveys about teens and money all point one direction: The kids are learning less and feeling terrible about it. Where is the adult supervision?
Study: Parents Are Terrible Financial Role Models
Talking to your kids about money shouldn’t be so difficult. They are generally eager to understand what it takes to earn and save, and how to set and achieve money goals. Yet parents are more comfortable discussing bullying and …
