Mrs. B. enjoyed being a stay-at-home mom while her husband worked as a pilot. She and her 3 boys (ages 13, 15, and 17) were shocked when Mr. B. got sick and passed away in his early 50s. But the family was lucky. They would...
7 Tips for Managing Money for a College Student Have you ever considered that your children are on your “payroll”? Now, hear me out… I’m not saying they are your employees, of course. But by the time your children are ready for college, you shouldn’t be...
Everyone knows that it’s a good idea to have an emergency fund, right? And it makes sense. Life is full of unexpected surprises, and having some money tucked away and readily accessible is incredibly helpful when you have unplanned situations arise. Why you need an emergency...
So, you’re smart enough to open up an Individual Retirement Account (IRA) to prepare for the time you will retire, but what if you don’t live long enough to collect your entire benefit? This isn’t a fun subject to discuss, but it’s important so that...
5 Tips to Set Them (and You!) Free If you’re financially supporting an adult child, you’re not alone. Some parents give money or paid bills for their adult offspring, sometimes for special situations—sometimes as continuing support. Of course, parents are wired to want to help their kids,...
