Parents & Children
For some parents, talking to a child about money is almost as hard as broaching some of those other difficult subjects. But understanding what money is and how to manage it is a crucial life skill parents must pass on to their children. It’s never too early to start giving your child a solid foundation for making a lifetime of financial decisions.
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Financial Planning When You Have a Chronic Illness
When you live with a chronic illness, you need to confront both the day-to-day and long-term financial implications of that illness. Talking openly about your health can be hard, but sharing your questions and challenges with those who can help you is extremely important, because recommendations can be better tailored to your needs. Every person with a chronic illness has unique issues, but here's a look at some topics you might need help with as you're putting together your financial plan.
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Ask the Money Dr.
My 6-year-old son has been doing a very good job of picking up his toys and keeping his room straightened. I'd like to reward him for good behavior, but is it too early... Read Answer
Financial Topics for Parents & Children
- 401 (k) Plans
- Annuities
- Budgeting and Saving
- Caring for Aging Parents
- Charitable Giving
- Child Care
- College Costs
- College Savings Options
- College Savings Plans 529
- Credit Cards
- Debt
- Education Planning Basics
- Estate Planning Basics
- Financial Aid