Money Management Step #1

Spending some time away from home for the summer can be an opportunity for teens to manage money on their own for the first time. Because money learning is so experiential, this opportunity can be a first step for a young person to learn to manage money effectively — and independently. If your child is going to …


3 Steps to Higher Income

What are you good at? For some people, that question is easy to answer. For others, it is not always so clear. And the hard part is, if you are not clear on your strengths, talents, and how you contribute, it can be difficult to communicate them to others. Knowing and articulating your worth is not …


Money Trust

Money can be scary. And happy, sad, shameful, generous, joyful, and lacking. But money is seldom rational — no matter how much we understand its potential — especially when we need it to be. Both scary markets and exciting markets cause people to do silly things, like buy high and sell low. Similarly, buying or …


Summer Money Ideas

It has finally warmed up here in the northeast, and all of a sudden it seems like summer might actually happen! With this year’s cold, snowy winter, it did not feel like we would ever be warm again! Along with warmer weather comes planning for summer break from school. So many recent studies are showing …


Equal Pay…Day?

Equal pay. When I think about this idea, it is hard to believe we are still talking about it in the U.S. in the 21st century. But the fact is, according to the U.S. Department of Labor, in the U.S. women earn about 81 cents on the dollar compared to men. I have also seen …


Money Month

We are coming up on what is beginning to seem like the Money Month. April is best-known financially in the U.S. as the month when taxes are due. April is also now Financial Literacy Month. It is an interesting, potentially powerful, combination as completing tax forms typically means a review of one’s financial behavior from …


Why Economics?

By Natasha Ansari By some accounts, women receive only 29% of bachelor’s degrees in economics each year. So why did I choose to step outside the gender stereotype and major in economics at Mt. Holyoke College? I chose economics, not just because of sound earning potential and it being hailed as a “lucrative” major, but …


The Millennial Threat

By all accounts, the Millennial generation is struggling financially. Studies released recently about the Millennials — defined generally as the approximately 80 million Americans born between 1978 and 1994 — show pretty grim statistics related to financial understanding, current wealth, and possibilities for the future.  Recent disturbing financial headlines about this closely watched generation include …


Are We Rich?

I hear from many parents that the question “Are we rich?” comes up from kids of all ages. And for many parents, it is a challenge to answer. The “rich” question is a challenge to answer because the concept of “rich” is relative and subjective. Rich compared to whom? Rich in what way? Some experts …


What Women Want

What do women want when it comes to understanding money? As women gain economic power and status, more and more focus is being placed on how to reach and engage them financially. Because studies show that when it comes to money management, women are not getting what they want. I do a lot of research, …

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