Parents want to raise healthy, happy, well-rounded children who grow up to lead a life they love. We encourage them to be kind, eat well, work hard in school, and follow their dreams. But we can’t set our children up for success without also providing the financial education they need to create the kind of future we want for them. Financial literacy for children doesn’t happen on its own and it doesn’t happen in school. As a parent, it’s up to you to ensure your kids understand money and the role it will play in their lives.

Set a Good Financial Example

If you want your child to avoid financial pitfalls in the future, start by setting a good financial example at home. Whether you are rich, poor, or somewhere in between, keep in mind that your child is observing how you manage money and picking up your habits.

The IRS recently issued its annual list of tax scams. The list highlights various scams that taxpayers may encounter, many of which occur during tax filing season. Here are some of the scams that are highlighted on the list.

Finances are complicated for some of us. That’s okay, we’ve all been there. Featured today are some real-life financial mistakes that real people have made, that they’ve learned from, that they want you to also learn from so you don’t make the same mistakes. (Or if you’ve made these same mistakes, just know that you’re not the only one!

That matters and then some.

Last week, a new couple came in that was referred to me by a client of many years.

They were planning on retiring this year and their main concern was not running out of money.

While it may not seem so, there are a lot of painless ways to save money.

How founders use their financial windfall to generate income after selling their start-up

At some point in our lives, we all dream of having more money than we know what to do with.  How many times have you heard people lament about what they would do with their winnings from a lotto pay-out?

The “dirty dozen” favored by criminals & cheats.

Year after year, criminals try to scam certain taxpayers. Year after year, certain taxpayers resort to schemes in an effort to put one over on the Internal Revenue Service (I.R.S.). These cons occur year-round, not just during tax season. In response to their frequency, the I.R.S. has listed the 12 biggest offenses – scams that you should recognize, schemes that warrant penalties and/or punishment.

On October 3, Federal Reserve Chairman Jerome Powell said that “we’re a long way from neutral at this point.”  By “neutral,” he meant an interest rate level that is consistent with price stability and has no significant impact on the economy via credit expansion or contraction.  Tags:

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How to Protect Yourself Against Identity Theft

Massive computer hacks and data breaches are now common occurrences — an unfortunate consequence of living in a digital world. Once identity thieves have your information, they can use it to gain access to your bank and credit card accounts, make unauthorized transactions in your name, and subsequently ruin your credit.

While so much of personal finance is common sense – don’t spend more than you make, don’t buy a house you can’t afford, start to invest money while you’re young, many young people today enter the workforce fresh out of college, with a boatload of student loans, and with no clue how to properly manage their money.