Teaching Your Child the Value of Patience when Spending Money

For a couple of months, my 10-year-old son has been saving his allowance, and the money he earns doing other things, up for a specific Lego set extension. (Before he can save up for those types of short-term goals, he pays tithing and he sets money aside in his long-term savings account.) He barely managed … Read moreTeaching Your Child the Value of Patience when Spending Money

Do You Share Financial Information with Your Family?

The personal finance blogosphere has a history of sharing information about finances. This includes information about net worth, as well as sources of income and regular expenses. I’ve never got too into the practice of sharing the details of my finances with the world; I’m not even that interested in sharing the details of my … Read moreDo You Share Financial Information with Your Family?

5 Mistakes to Avoid When Helping Your Elderly Parents with Finances

My parents aren’t exactly elderly yet, so I’m not terribly worried about how they’re doing with money. However, before my grandfather died I saw what an impact his diminishing judgment had on my parents, and I see the impact my husband’s grandmother’s finances are having on my in-laws. Luckily, in both cases, smart decisions are … Read more5 Mistakes to Avoid When Helping Your Elderly Parents with Finances

Things to Do After the Birth or Adoption of a Child

Adding a new child to the family is an exciting time. Since finalizing our adoption last week, our lives have been filled with congratulatory phone calls, celebrations, and a general merry atmosphere. We were so focused on settling in at home after our trip out of state for the finalization, that I almost forgot some … Read moreThings to Do After the Birth or Adoption of a Child