How to Structure Allowance for Your Kids
I recently responded to a post on my local mothers’ club blog on the topic of allowance and decided others might have similar questions. The original post was from a mom of a 7-year old who wanted to start an allowance, but was uncertain of the parameters to put on it. […]
Where Should I Put My Child’s Savings?
A friend of mine recently asked me about what type of account to put her kids’ savings into. I thought others might be interested in the topic, too. There are a variety of different types of accounts available with different levels of parental control and implications on college financial aid […]
The Key to Happiness
Perhaps it is the time of year, with Thanksgiving and the holidays upon us, but I tend to reflect more about what I am grateful for in my life. One of my favorite social researchers, Brené Brown, found in her research that there is a link between happiness and gratitude. She found that people who have a daily practice of [...]
What’s On Your Life List?
This is a great time of year to reflect on what’s important to you and what you’d like to accomplish in the New Year and beyond. I recently learned about Ted Leonis and his 101 List, a list of the 101 things he’d like to accomplish in his life. […]
The Million Dollar Family: Cost of Raising Kids
Do you struggle with finances? Are you contemplating going back to work or seeking a pay raise to help pay the bills? Do you miss those pre-kids’ days with expendable income? I know a number of families in this situation. […]
How to Choose the Best College Savings Account
After the lazy days of summer, the Fall is often a time of renewed focus on planning and project completion before year-end. To that end, if getting serious about saving for your kids’ college is one of your projects, there are several different account types to consider. […]
The Cost of Private School in the Bay Area
Private schools are a wonderful part of our education system. Families choose to send their children to private schools for many reasons: lack of good public schools in their area, adherence to a particular educational or religious philosophy, better support for special needs children or a desire to replicate their educational background, as well as [...]
Teaching Kids the Difference Between Needs and Wants
There are many skills we need to teach our kids to be successful in life. Quite a few of them relate to money – how to create a budget, how to save for the future, delayed gratification, how to know the value of a dollar. One of the most important life skills that relates to money is how to distinguish [...]