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New View of Summer Jobs for Kids

In Blog by Gregg Murset

Pew Research Center reports that in 2014 less than one-third of teens had a job. While some of the declines has been attributed to more teens participating in unpaid volunteer work to fulfill a graduation requirement or boost a college application, others simply cannot find work. That does not mean parents have to let their kids spend the summer lounging or staring at a screen playing video games and browsing social media. Instead, they can …

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Family Tips for Financial Literacy Month

In Blog by Mike Prusinski

April is Financial Literacy month, and being such, it is the perfect time to make this important part of family life a topic of discussion within your household. Whether your kids are young or nearing adulthood, it is never too early (or too late for that matter) to educate your children about financial literacy so they gain the skills they need to properly manage their finances as adults. Here are 10 things you can do …

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What to Teach During Financial Literacy Month

In Blog by Mike Prusinski

While the particulars of family finance practices may vary, one thing remains the same: kids need to learn how to manage money from a young age. And yet amazingly, many teenagers will graduate high school this year with no knowledge of budgeting, loans, credit, taxes, or managing bank accounts. Because of this, the responsibility for teaching money management falls to the parents. And April is Financial Literacy Month, so there’s no better time to start …

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How to Help Your Children Create Financial Goals

In Blog by Mike Prusinski

Help your kids get ahead in life by teaching them the basics of financial responsibility at a young age. It’s never too early to teach them the value of working hard, saving money, and accomplishing goals, and you can use Financial Literacy Month this April as a chance to introduce some of these lessons that will encourage financial literacy for kids. Here are some ideas and concepts that can help your child become financially literate …

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6 Family Goals to Set During Financial Literacy Month

In Blog by Mike Prusinski

Setting goals as a family opens up several learning opportunities as parents and children learn and accomplish together. Working together toward a common goal can open the discussion about the importance of serving others, being a team player, saving money, and being responsible citizens. Your family will grow closer as you develop important values together that will stay with you and your children throughout your lives. Here are six family goals you can set with …

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Is Your Family Financially Illiterate?

In Blog by Gregg Murset

Nearly one quarter of US states receive a failing grade when it comes to teaching kids personal finance in schools. Twelve states don’t attempt to teach it at all. This could be one of the reasons that only 35% of credit card users don’t carry a balance and pay off their bill every month, and that only 1 in 3 Americans is saving for retirement. We don’t expect kids to learn how to read, write …

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No Work Ethic Is Like Having A Lifetime Participation Trophy

In Blog by Gregg Murset

I hate participation trophies! The participation trophy attitude is one of the reasons we’ve raised (and are still raising) a generation of kids who believe that just because they show up or are on the team, they are entitled to all the honors and rewards. While the intent might have been good, for the most part, we have unleashed a new workforce that now demands higher pay, more days off, flexible hours and less expectations …

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Should I Pay My Kids an Allowance?

In Blog by Mike Prusinski

There are a lot of questions when it comes to the best way to raise your children. In fact, it may be one of the most debated topics out there — and for good reason. While everyone wants their kids to grow up and become upstanding members of society, the methods used to instill these values will differ with each family. One strategy that has been used to teach kids about responsibility and a strong work …

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Allowance – It Should Be About More Than Just Money

In Blog by Gregg Murset

Do your children earn an allowance for helping around the house (doing chores)? If not, then listen up because they should be. During my more than 20 years as a Certified Financial Planner, I’ve heard plenty of reasons why a parent doesn’t want to pay an allowance for kids doing chores. Just none of them make sense if you are looking at the deeper meaning behind paying an allowance. We all need the motivation to …

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Hey Kids, Did You Hear That? Probably Not!

In Blog by Mike Prusinski

Recently I was watching a TV program where a camera crew provided a behind the scenes look into one of the top college football programs in the country. This show does a great job of capturing the demands of being a college athlete, as well as, a college coach, on and off the field. In this episode, the head coach addressed his team after it just barely won a game against a smaller program.“Men, what …