It can feel like taking care of your family and saving money are contradictory goals, but that is only the case if you do not plan things out. You have to be savvy in order to push through common financial pitfalls and create a steady savings. One way you can do this is by taking up couponing.
It may only be July, but it is already time to start thinking about the second largest shopping season of the year, back to school shopping. Especially with the Rochester Public School calendar starting a week earlier this year (which my 13 year old is not happy about I will add). This time of year, with new clothes to buy, supply lists that get longer every year, and lunch accounts to replenish, it can get expensive for families fast!
Even with unemployment and national debt at all-time highs, it's still shocking when your family faces a job loss or other financial setback. Most of us experience the emotional impact of money at some point in our lives. And, when adults are hit with a financial crisis, our children are impacted whether we realize it or not.
Helping children learn to spend, save or even share the money they receive as a gift or allowance can be a challenging task. At their young age, it's all the more difficult for them to master concepts some adults still struggle to understand. That doesn't mean it's impossible to teach them some fundamental ideas that will help them as they grow.
Without a doubt, becoming a parent is an exciting event in your life, whether it's your first child or your fouth. It’s a phase where you are happy and nervous at the same time about how the future will unfold. You might have been preparing for this event for a long time (or not!), but when you actually experience it things sometimes seem uncontrollable and stressful.