Don’t let money issues come between you and your family members. See how to manage family finances and topics such as borrowing and lending money.
With the school year in full swing and the holidays quickly approaching, it’s the perfect time to do a family financial audit. Don’t let the sound of it intimidate you. It simply means taking the time to evaluate expenses that affect the whole family and seeing where you can make adjustments to save money. Now that doesn’t sound so bad, right...
Teaching kids of all ages important financial lessons about money and savings doesn’t have to be an unpleasant chore. In fact, it can actually be fun! The trick is to make conversations about saving money as frequent and natural as anything else you talk about as a family. Of course, what you talk about and how much detail you delve into will var...
If talking with others about financial issues makes you nervous, you’re not alone. Most people would rather do just about anything than have the “money talk.” But avoiding talking about important issues won’t make them go away, and can actually end up damaging your financial future. Here’s who you should have a money talk with soon, and w...
Is marriage in your near future? Before you say "I do," you need to make sure you're financially prepared for this major milestone. We have outlined six financial steps you and your partner need to take before walking down the aisle. Open the Lines of Communication Have you already had the big "money talk"? Financial discussions now can prevent...
Use of technology among senior citizens continues to skyrocket, but many older Americans have difficulty using technological tools for financial matters, preferring instead the same methods they have always used. If your aging parents are experiencing financial challenges, here's how you can help: Real-Time Banking Twenty years ago, you could wri...
Mixing family and finances can lead to delicate situations. Whether you’re seeking help or willing to assist a loved one in need, it’s important to take steps to preserve your relationships before money switches hands. In this educational series, we’ll tackle some of the tough financial situations that loved ones face. We’ll equip you wi...
Millions of Americans belong to "Generation Boomerang," a term now used to describe 20-somethings who move back in with their parents after graduating college or after several years in the workforce. In some cases, this younger generation moves back home by choice. Others are forced to following significant financial challenges affecting their a...
The first big "money talk" can be a pivotal moment in any committed relationship. You can prevent much stress and friction in a relationship by simply opening up the doors of communication, and keeping them open. To help you get started, we have nine tips you can use to make the most of your first big money talk. Set a Date Don't try to have a...
Borrowing money from family and friends can be tricky. We typically suggest lending to loved ones as a last resort, but in some cases, we understand it can be one of the only viable options to overcoming financial difficulties. In How to Help Loved Ones with Money Problems, we explore several different approaches to assisting family and friends ...
When family or close friends are in trouble, it’s natural to have a desire to help. However, when dealing with finances, you should take a few precautions before jumping in. For instance, do you know lending money isn’t always the right option? The tips below will help you evaluate different scenarios and develop the appropriate course of actio...