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Money Challenge 1

Money Saving Challenge

As the year starts we tend to make “New Year’s Resolutions” but by the time February rolls around we have generally forgotten them so by following this Money Saving Challenge we here at Your Family Finances are encouraging you to step up and get back in the game. If you follow the plan in this challenge you will have some guidelines to help you along the way rather than just a vague goal of “somehow” getting your financial life straight.

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Teaching Children to Use Money Intelligently

The world is a magical place for kids. It’s a place of astronauts, princesses, and wonderful adventures. To them, money is just a thing that Moms and Dads use when it’s time to go out for ice cream. That’s all well and good, there’s no need for kids to know how to refinance a home (yet), but kids are smart, and it’s important that they know how to use money wisely. The best way to show them, is by showing them how money works in their life.

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The Old Fashioned Way

3 Keys to Teaching Your Kids Financial Literacy

Teaching kids how to take care of their money while they are still kids can help them become financially healthy adults. They must learn how to take care of their money, even if their school doesn’t offer classes in money management. You, as their parent, should teach them about the concepts of budgeting, saving, and spending. If you do, they stand a better chance of developing excellent and healthy financial habits that will benefit them well into adulthood.

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5 Things You Are Probably Paying Too Much For… And What You Can Do

The key to successful money management is to squeeze the most value out of each dollar you earn. Even if you currently track your expenses, you can always find new ways to cut costs, save money, and improve your lifestyle. In some cases, without even realizing it, you might be paying too much for your monthly bills and other expenses.

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