As a parent, you want your child to grow up to become a financially savvy adult who knows how to be responsible with his or her money. Learning how to manage money is a critical life skill, and so it’s never too early to start teaching your child about finances.
However, managing finances as an adult can be daunting, and introducing kids to financial management may seem even harder or more intimidating. Our Gerber Life “Age-by-Age Guide” is designed to help parents turn daily activities into opportunities for teaching kids about money. Ages shown are approximations, since each child develops and learns at different rates.
For many teenagers, having a job is both a rite of passage and their first venture into the “real world.” What do parents need to know about after-school jobs for teens?
The U.S. Department of Labor website, Youth Rules!, has a great many resources for teens who are either looking for a job or are currently employed.
Does your teen want to get a job? Here are some guidelines:
April is National Financial Literacy Month. What better time to put your financial knowledge to the test? Or to learn more?
Take our seven-question Personal Finance Literary Quiz below to test your understanding of some of the basics. Think you have what it takes to earn a perfect score? After tallying your points, you’re welcome to share your score with us and on social media.
Perhaps the biggest financial decision we make in life is whether to buy or rent a home, be it a house, townhouse, condo, co-op or multi-family dwelling. It is not a decision to be taken lightly and it involves numerous factors, including for new or expecting parents who may need more space and are looking to provide stability for a growing family.
Every family’s situation is unique. There isn’t a one-size-fits-all answer. When deciding between renting vs. buying a home, and the timing, start by asking yourself the following questions:
- How long do I plan to live in this location?
- What are my future plans, both short-term (within the next 5 years) and long-term (five or more years from now)?
- Do I have enough money to buy a home or would I need to get mortgage financing, and do I have enough additional money to cover expected and unexpected expenses?
In the busy life of a toddler, having to stop playtime in order to take a nap may well seem like it’s the end of the world. Nevertheless, most active toddlers need naps.
Daytime sleep not only is important for a child’s healthy growth and development, but it can also do wonders as a short, refueling break for parents.
Does your child fight against daily naps? Here are four toddler nap-time tips to help make it go a little more smoothly: