I'm encouraging my son to stop saving money. Even though we had an agreement that a certain amount from each paycheck would be automatically transferred into his savings account, I told him that I wanted him to stop. My son wanted to register for … [Read more...] about I’m Telling My Son To STOP Saving Money
Parents sometimes have a hard time letting go of their children. It's hard to watch them grow into young adults, require less of their parents, and become more independent. Most children seem in a hurry to spread their wings, but sometimes … [Read more...] about Parenting: You’ll Be Amazed At What Kids Can Do On Their Own
I got in my car to go to the gym, immediately noticing it was in need of a cleaning. While the car is mine, my son is the regular driver of the vehicle. It had been weeks since I had driven it. The dashboard had a noticeable layer of dust, … [Read more...] about Save Money By Detailing Your Own Vehicle
In my efforts to gather all the documentation needed to do my taxes last weekend, I ran across my son's W2 form from his part-time job. I had tucked it away with other tax related information, and it reminded me that this is the first year … [Read more...] about Teens And Finances: Filing My Teenager’s First Tax Return
The concept of a buying waiting period isn't new. The theory is if a person forces themselves to wait a day or two before making an unplanned purchase, many of those items would never be bought. After taking some time to think about the consequences … [Read more...] about A Purchase Waiting Period Can Save You Money and Regret
I dove into the task of doing my taxes over the weekend. It's a little out of character for me to start this early, but my wife really wanted to get it out of the way. I've found the bulk of the time and effort is actually gathering the needed … [Read more...] about 6 Pieces Of Information You MUST Have Before Doing Your Taxes
When my son got his first part-time job, we opened both a checking and savings account for him. Since he's a teenager, the bank required an adult be added as a secondary signer on the accounts. I added myself, which allows his accounts to … [Read more...] about Teens And Finances: 4 Reasons You Should Have Access To Your Teen’s Bank Accounts
When contemplating taking out a loan either for a purchase or for debt consolidation, one question that the borrower should always ask is, “What is the interest rate?†The interest rate plays a big part in how much the item being … [Read more...] about How Do Interest Rate Changes Affect Consumers?
