kids and money

By Todd I. Youngdahl, CFP®

Kids are smart. Depending on the age of your children, they may not know or understand exactly what is going on right now, but they are looking to you for guidance and assurance.

By Victoria Boinest

It’s never too early for a parent to start teaching their children about money. With a good base of knowledge, children will have a strong foundation from which to draw while managing their finances in the future. Many young adults are graduating from high school and even college with little to no financial literacy. So, to ensure your child is financially smart before they leave the house and go off into the real-world it is ideal to expose them to financial learning opportunities at a young age. Summer is a great time to help your children experiment with money and to begin their understanding of earning, spending and saving. Here are some ways you can teach your child about money this summer.

We welcomed Dr. Rene Hackney of Parenting Playgroups as our guest speaker this month to tackle the important family topics of chores, allowances and online spending.  For those who were unable to join us, here are some key takeaways from Dr. Rene's workshop along with several resources to support you in teaching your children about money.

By Todd Youngdahl, CFP®

By Maura C. Schauss, CFP

The day you become a parent is a day of overwhelming emotions. Joy at the sight of your precious child, relief that he or she made it out of the womb, and for many, fear and anxiety because you somehow have to turn that seven-pound little human into a happy and successful adult.