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Video: Dad’s Best Financial Advice

In honor of Father’s Day, several employees at MONEY sat down to share some of the financial advice that their dads have passed along to them.

Matt, one of our editors, shares that his dad always told him to live (more...)

June 16th, 2016|Family Bank Game|0 Comments

Give Your Investments a Midyear Tuneup

After getting knocked around in the harsh winter months, your car could probably use a few minor repairs, especially before the summer driving season gets underway. The same premise holds true for your portfolio this year.

The start of 2016 was (more...)

June 15th, 2016|Family Bank Game|0 Comments

6 Ways Your Teen Can Make Money This Summer

Everybody knows I don’t believe in free rides. My own kids know that and have given up on complaining about flying coach on family vacations. If they want to sit with me at the front of the plane in first-class, (more...)

June 14th, 2016|Family Bank Game|0 Comments

When Should You Start Saving for Your Child’s Education?

College is expensive, and it’s only going to get more expensive. Tuition costs continue to climb at a rate significantly higher than the inflation rate. In fact, on average, the cost of college doubles about every nine years. This means that (more...)

June 13th, 2016|Family Bank Game|0 Comments

36 Expert Ideas on Teaching Kids Money Saving Tips

They say children are the future. If that’s true, my wife and I may have a hard road ahead. Our son is still learning the concept of sharing and he’s developed a habit of throwing a handful of coins in (more...)

June 9th, 2016|Family Bank Game|0 Comments

Is Leaving a Fortune to Your Kids a Gift or a Curse?

One of the great satisfactions of achieving financial success is the knowledge that you can provide opportunities to your children that you never had. But leaving them a large fortune can be a double-edged sword. It’s a cliché that the (more...)

June 8th, 2016|Family Bank Game|0 Comments

Want to Get Out of Debt & Build Wealth? Cultivate These 5 Habits

If you weren’t born into wealth, and yet you want to know how to get rich, there’s only one answer: Learn to become an entrepreneur.

Step number 1 on that journey is to make the commitment to become a producer, not a consumer, because (more...)

June 6th, 2016|Family Bank Game|0 Comments

6 Steps to Prepare Your Finances for a Mortgage

Following the housing crash in 2007, recovery in the market has been uneven, with many buyers held back by stricter lending standards.

But there are signs of life. Banks are beginning to loosen minimum requirements, with several lenders now offering (more...)

June 5th, 2016|Family Bank Game|0 Comments

Want to Raise Successful Kids? Science Says Do These 7 Things Every Day

“We are what we repeatedly do,” said Aristotle. “Excellence then, is not an act, but a habit.” It’s true, whether we’re talking about ourselves our children.

Recently, we explored how wealthy parents give their kids a giant advantage, simply by raising them in (more...)

June 3rd, 2016|Family Bank Game|0 Comments