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5 Ways Valuing Time Over Money Builds Happiness
We may all be chasing the dollar every single day, but, when it comes to happiness, a growing body of research tells us that people who value time over money are happier. In one study of thousands of Americans, most said money would bring them more joy, yet, researchers found that choosing time over money […]
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Elder Financial Abuse: The Scams, Red Flags and How to Prevent It
Elder financial abuse is a growing problem, even a “burgeoning public health crisis” and “virtual epidemic,” according to some experts, as con artists scam seniors out of their savings, pensions and homes. There is no solid national estimate for just how much our elders lose each year to fraudsters, according to a 2018 report on […]
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7 Great Personal Finance Games and Apps For Kids
Most kids leave high school without taking any kind of course about managing their own money. According to the Council on Economic Education, just 17 states require high school students complete a personal finance course. And, when kids don’t learn about how to use credit cards or make a budget, studies show they face a […]
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Summer Tips: Six Ways to Save on Kid’s Clothes
Any parent knows it’s not cheap to raise a child. In fact, the U.S. Department of Agriculture, in one report, found the annual cost can be between about $13,000 and $15,000 per child for the average family of four. That includes food, housing, transportation costs, child care, health care and, among other items, clothing. Clothing […]
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The Three Step Guide To Saving For a Vacation
It’s the time of year when everyone is thinking of a vacation. A couple of days of rest and relaxation sounds wonderful and would help you and your family to reconnect. There’s only one problem: vacations are expensive. Thankfully, with a few minor adjustments, saving for a modest vacation is within reach. You may not […]
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More Married Couples are Getting a Roommate – Should You?
After saying, “I do,” you probably thought your spouse would be the only roommate you’d ever share your home with again. But, according to a new study, a growing number of married couples are actually getting a roommate to help them cut housing costs. A new study from Trulia.com finds that the number of married […]
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5 Ways to Make Summer Camp More Affordable
Summer is just around the corner, and with Summer can come extra expenses while the kids are out of school. Summer camp isn’t just a fun way for kids to pass the summer days. It’s also a necessity for many families with parents who need to be at work and young children who can’t stay […]
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Should Financial Education Be Taught In Schools?
We live in a time when teaching financial responsibility to children and young adults is increasingly important. In fact, data from the Federal Reserve shows that 40% of American Households cannot withstand a financial emergency of $400 or more. While it’s likely that no one will argue that financial education is vital to kids growing up […]
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7 Pieces of Wisdom to Talk with Kids About Credit
Roughly half of parents have let their kids under the age of 18 use their credit card at some point – and 48 percent regret that they did it, according to a new survey from CompareCards.com. Whether they spent way too much on in-app purchases or went all out on Amazon, parents were left with […]
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Overwhelming Child Care Costs? Consider a Dependent Care FSA
From diapers to college, raising a child is expensive. And for parents of younger kids, overwhelming child care costs can truly eat up their budget. According to Care.com’s annual Cost of Care Survey, 32 percent of families say they spend 20 percent or more of their annual household income on child care. The average weekly […]