Good money management is the foundation of any successful family. You should always make withdrawals using money you already have, instead of money you haven’t earned yet. Most of us know the basics but putting good financial habits into practice is often a different story. Review several tips to help you overcome a family-wide financial emergency.
There’s much discussion about teaching kids to be financially responsible but what about credit responsibility?
There comes a time in every parent’s life when they have to explain credit cards to kids. While this may seem like something you don’t really desire to explain, it’s necessary.
Credit matters more than just the plastic cards you carry in your wallet or purse. It’s time to start explaining credit cards to kids so that they know the true impact of using such a plastic item.