Tips for the Holiday Season: Decluttering and Donating
Tips for the holiday season: decluttering and donating. Best practices for organizing your home and itemizing charitable donations. The holiday season is the perfect time to declutter, organize, and ditch your extra stuff. You’re not only about to receive a lot more stuff, but decluttering your home will also help keep some of that holiday-induced [...]
Beefing Up Your Investment Strategy with Collectibles
Throughout history, people all over the globe have invested their money into collectibles, including art, classic cars, antiques, coin collections, fine wine, and jewelry. In today’s unpredictable economic climate, many investors are again considering these as investment strategy options. Is this type of atypical investment right for you? What are the things you will need [...]
How to Handle Kids’ Money Mistakes
You’ve given your child an allowance, and set out rules on how she’s to use it. But—oops—she slipped up. She dipped into long-term savings for an impulse purchase or borrowed money from a pal without repaying it. How do you teach a lesson from these money management mistakes while your children are still young and [...]
Eight Ways to Save on Holiday Parties and Food
Throwing a festive party can be the high point of your holiday season—but it can also be a jolt to your holiday budget if you’re not careful. Here are a few ways to warmly welcome friends and family while hanging on to your cold cash: 1. Multiply the fun: If you’re having multiple small groups [...]
When Should Your Child Get a Checking Account?
One of the ways to teach children about money is to help them open a bank account. Most banks will allow you to open a savings account for your child, no matter his or her age. This is an important step to building a strong credit score for your child, and it can be a [...]
When to Cut Off the Kids
With the cost of college rising and the economy still hindering young graduates’ ability to stay afloat, more parents are raiding their retirement and savings to help their kids pay for life on their own. National financial planning firm Ameriprise Financial asked more than 1,000 baby boomers if they provided some level of financial support [...]