finances

How to Make Extra Income as a Single Mom

How to Make Extra Income as a Single Mom

Are you looking for ways to make extra income as a single mom? Keep reading for 8 great tips! If you're a single mom, you have a lot of responsibilities competing for your attention. And when money gets tight, you might not have time for a second boss or another item on your to-do list. So what can you do to earn extra cash with all these restrictions? There are a ton of things to pursue if you want to earn additional income. Some of these ideas mesh with having a little one in tow. The others work well if…
Read More
How Much Allowance Should I Give My Child?

How Much Allowance Should I Give My Child?

How much allowance should you pay your child? It's a complicated question without a clear answer. Allowances are a personal decision based on many factors. One report shows the average allowance amount for kids between the ages of 4 and 14 is $9.59 per week. Broken down by age, 4-year-olds averaged $4.18 per week while 14-year-olds averaged $13.87 weekly. Age is one factor, but it's not the only one. Allowance may depend mainly on your financial situation. Many parents also factor in chores and what kids have to do to earn the allowance. We've put together a guide with different…
Read More
4 Things to Teach Your Teens About Money Right Now!

4 Things to Teach Your Teens About Money Right Now!

Do you know how to teach your teens about money? One of the proudest moments in a parent's life is the moment they watch their kids become responsible, well-rounded adults. But, getting kids to that point seems like a distant dream throughout all the hardships of raising teenagers. One particularly important challenge parents face is teaching their children about money. How your kids handle their money will directly impact their quality of life, which makes your financial insight so crucial to their personal growth. Here are some things you should teach your teens about money to prepare them for the…
Read More
Understanding the 3 Most Popular Life Insurance Policies

Understanding the 3 Most Popular Life Insurance Policies

\ Life insurance can be a discomfort to talk about at any age. However, regardless of your date of birth life, insurance is something you’re always going to want to consider. In the unfortunate situation of your passing, life insurance takes care of your family financially in your absence. We all want to take care of our families, but we need to know how to choose a policy. Understanding the three most popular life insurance policies will help you make this important choice. Life insurance policies aren’t as simple as either having one or not having one. There are many factors…
Read More
Financial Tips for New Parents

Financial Tips for New Parents

When you first enter adulthood, often your only thought for financial planning is a small savings account. Once you bring a child into the world, your financial picture changes dramatically. There are a ton of new expenses and concerns. While there may be surprise costs throughout their childhood, there are ways to be prepared. The secret to avoiding undue stress is getting your finances organized. Check out this great list of financial tips for new parents. Financial Tips for New Parents | Saving for the Future Prepare a Detailed Budget  The first step in financial planning is understanding your income…
Read More
10 Essential Money Management Lessons To Benefit Your Kids

10 Essential Money Management Lessons To Benefit Your Kids

10 Essential Money Management Lessons To Benefit Your Kids School teaches your children many things, but money management isn’t one of them. Their only chance of learning about financial matters and being financially responsible at a young age would be you, their parents. Your children are never too young to be exposed to money matters. In fact, it’s better to start teaching financial literacy for kids so by the time they reach adulthood, they already know how to manage their finances with ease and live smoother lives as a result. Here are ten essential ideas for money management lessons that…
Read More
Tips To Live A Debt-Free Life After A Debt Agreement

Tips To Live A Debt-Free Life After A Debt Agreement

Are you considering a debt agreement? If so, keep reading to find out what you need to know! Thousands of people experience debt issues at some point in their lives. How you deal with that will very much determine whether the outcome is favorable. For many people, a debt agreement is the best solution. A debt agreement is a legally binding agreement between a debtor and the creditors. It is often preferred over a bankruptcy. Tips To Live A Debt-Free Life After A Debt Agreement Do you think a debt agreement is right for you? If so, here are a few…
Read More