Posted on February 21, 2008 by lindaleitz
Remember that experience is better than lecturing. When your kids are ready to learn about money, start letting them make some financial decisions. It might be as basic as choosing between an ice cream treat and a soda, but let them decide and let them know it’s about deciding what to get, not getting everything [...]
Filed under: Personal Finance for Single Parents, Teaching Money Smarts to Your Kids | Tagged: allowance, bailouts, Financial parenting tips, individuality, kids budgets | 2 Comments »
Posted on February 15, 2008 by lindaleitz
Different people have different ways of managing their money. Some people like working through what they spend in dollars and cents. That’s workable and viable. “If I spend less on dinner tonight I can have a more expensive lunch tomorrow.” For these folks, each dime saved is rewarding.
Other folks work better with general parameters. [...]
Filed under: General Personal Finance | Tagged: budgeting, eating out | Leave a Comment »
Posted on February 9, 2008 by lindaleitz
We’ve all heard about a house or other project that’s a major “money pit”. While not as widely recognized, there are also “money pets”. If you’re a Pet Person, you’ve probably had at least one in your life. It’s the stray that never leaves and becomes a part of the family, developing health problems that [...]
Filed under: Teaching Money Smarts to Your Kids | Tagged: Pets | 1 Comment »
Posted on February 4, 2008 by lindaleitz
If you are a newly single parent, this time of year is a good one to get a grip on your financial situation. Here are a few tips to get you started.
First, know that you can be in charge of your own situation. Feel free to get help from professionals, but don’t assume that you [...]
Filed under: Personal Finance for Single Parents | Tagged: autonomy, new years savings, self reliance, single moms | 1 Comment »
Posted on February 1, 2008 by lindaleitz
A Reader Writes
Linda, I recently retired and went through a divorce after 38 years of marriage. During my pre-retirement years, I was out on SSI for ten years. My ex and I had a small business-I made handmade quilts. The business was in his name as I could only make a certain amount of money or [...]
Filed under: Divorce and Money | Tagged: disability, income | Leave a Comment »