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What would you do if you had one year to live? Thinking about this possibility can give you valuable insights on the best ways to use your time and money for the rest of your life, no matter how long or short it is.
Virtually every money expert advises parents to coach their kids about the difference between what the kids need and what they simply want. Here's a better discussion and 5 easy steps to make it stick.
Some 21 nations have formal personal finance lessons built into school curricula. Here they are, along with 3 reasons that one expert gives for making financial education a priority.
Should you pay off your credit card debt or use the money to save for retirement? Read here for some guidelines for prioritizing your savings goals, depending on the choices you might face.
A nationwide effort to find out what our kids know about money begins in March. Is your school taking the National Financial Capability Challenge? It's not too late for educators to sign up.
You might be surprised to hear that I don't think saving and investing for retirement should have the highest priority on a list of the retirement planning steps you should take when you're in your 20s and 30s, although saving is important. Read here for details.
Rolling over a 401(k) to your own IRA can improve your investment options and lower your fees. Here's a guide on how to do it.
Yet another new version of Monopoly will hit the market next fall. This one has a magic tower that should appeal to today's gamers. It's different, but like the original this version still reinforces core skills like budgeting, negotiating and careful investing.
If you are planning to work with a professional tax preparer, here are a few tips on how to go about it. The first thing you need to do is.....
What would "retirement" look like if you lived forever? Talk it over with your spouse, family, and friends. Not only will it be a fun discussion, it will probably give you some powerful insights into how you can make the best of your rest-of-life.
Military families have unique concerns. But a focus group on money stress and family violence among sailors says a lot about all young households and how kids sent into the world without basic financial know-how are at risk in ways beyond their savings account.
With times as they are today, a lot of folks may be tempted to try to save a few bucks, forgoing the tax preparer's fees, and prepare and file their own tax return. But that may be a foolish. Here are a few situations where turning to a professional tax preparer for help is strongly advised.
A high-profile Army General's wife is going to battle against WMD: Weapons of Monetary Destruction. She wants to make financial education on military bases compulsory. Why stop there? Canada just joined the growing list of nation's moving toward a federal mandate for money classes in elementary school. Will the U.S. ever get on board?
Notably missing from President Obama's proposed 2012 budget -- and from the predictable response from Republicans -- are cuts to entitlement programs such as Medicare and Social Security and meaningful reductions in defense spending. They need to revisit the report issued by the bi-partisan blue ribbon deficit commission.
President Obama's 2012 budget proposal only confirms what everyone already knows: Americans can't agree on how to cut the deficit. But in fact, everyone is wrong.
