Welcome back to Money Management Tips. I just though you might to know that i have now added incestives for the people that leave useful comments both for me and other readers. Thanks for visiting! I had the opportunity of speaking to Christian Youth Group last Satuday and i was especially thrilled in the fact [...]
“With all of the financial consequences that come along with holiday shopping, travel and family get-togethers, parents and youth alike can find themselves falling into debt,” states Don Murray, chairman of the Manitoba securities commission. To help prevent children from getting on a cycle of debt, parents and their kids need to have candid discussions [...]
People have asked me why i lay so much emphasis on saving for your children’s college education. My answer is that I believe in giving every child a chance of being the best they can be; by being well-educated to face whatever live will throw at them. Do you know that you will spend nearly £16000 even [...]
I read a story in the newspaper this morning about a woman who is still breast-feeding her four and five-year old children. When interviewed, the woman, Mrs Stella Onions said “It seemed silly to stop (breast)feeding at six months for no reason and it was so convenient”. She also said she is happy to see [...]
There is a financial education game we play about once a month as a family called Cashflow 101. It was created by Robert Kiyosaki – the author of the bestseller “Rich Dad, Poor Dad“. From the day we played the game for the first time 2 years ago, our youngest son almost always seems to get out of the ‘rat race’ [...]
Adult children are ‘sapping’ their parents’ savings and investments at an increasing rate of knots, as Scottish Widows reveals the position has got even worse over the past year. Over half (55%) of parents have given or loaned their children or grandchildren thousands of pounds compared to a figure of 39% last year – an [...]
Many parents think that today’s children are more materialistic than any previous generation of youngsters. This was part of the findings of a recent survey conducted by the charity – Children’s Society. 90% of adults believe excessive advertising – ranging from junk food to video games – has turned youngsters into grasping consumers. The advertisements, [...]
Making a Will is relatively straightforward and not very expensive. However, in spite of this, seven out of ten people in the UK die without a Will. “In the absence of a signed Will, and for those living in England and Wales (rules vary in Scotland), the government dictates who gets what of your estate, [...]
The cost of raising a child form birth to the age of 21 has reached more than £186,000, new research shows. This is the equivalent of £740 a month or £25 a day. Since the insurance firm Liverpool Victoria first began their research in 2003, the expenses associated with raising children have increased by a [...]
Naturally children often take some actions innocently in many respects but sometimes it may just be due to what they have observed and are reacting to. A Press Association article this week brings this to light like i have never seen it before. Referring to a poll for the Personal Finance Education Group (Pfeg) and [...]
