How to Talk to Your Kids about the Economic Crisis

“How can I talk to my kids about the economic crisis?” It is a common question that most parents face today. As prices on consumable goods rise, from food and gas to the cable bill, and families feel themselves pinched, even the youngest children are starting to notice that things around them are changing. Neighbors and friends may be moving away, favorite stores and restaurants may be closing, and everyone seems to have to sacrifice something they enjoy just to get through this time. Parents should see this time in our history as a teaching moment, but the lessons should … Continue reading

At the Bottom?

There may come a point in your financial life when you are barely making ends meet. You are quite literally living paycheck to paycheck and possibly charging the difference and watching your credit card balance go. You do not know what to do or how to change the situation, but you know that you can’t go on this way. Here are five things to consider in this situation. 1) Can you cut anything else out of your budget? Generally the answer is yes. You can cut your food bill down. You can cut out cable or trips to the store. … Continue reading