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Allowance

Money-grubbersThis article on the Simple Dollar discusses raising kids to be financially responsible.

My wife and I have a goal to raise our kids to be more financially responsible than we have ever been. We are currently digging out of a financial hole we dug ourselves, which is a situation we hope our children never see.

Continue reading Allowance

The $10 College Fund

brugesI recently started a college fund for my kids. With my oldest getting ready to turn 10, this was a late start. However, when he was born, we were in no position to set aside anything extra.

At least, we didn’t realize we were at the time.

When our oldest son was born, I was 20 years old. I was working in a factory and hadn’t gone to college myself, yet. That’s a situation that makes it hard to justify a college fund. Financial planning and responsibility was to come at a later date.

So, how much do we have in this shiny new college fund? Continue reading The $10 College Fund