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.
Talking to your children about money may seem like a foreign concept or a scary endeavor if no one ever taught you about how to use money well. But here’s the deal, it doesn’t need to be any more complicated than talking about how to save, spend, and give, and how to prioritize when to do those things.
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®
If you have kids, you know how quickly time goes by! One minute they are a sweet baby in your arms, the next they are packing for college. As a parent, you want to make sure they are equipped for the big, bad world and have every tool and skill they need to succeed in life. Financially, you hope they attain financial security and have the confidence to make informed decisions when it comes to their money.
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.