Financial education is essential and should start as early in life as possible. While the number of schools adding personal finance to their curricula continues to grow, many kids don’t get taught about managing money at school or home. What’s one way to help teach a kid who can’t get their nose out of their […]
Money and Relationships
Best Money Games and Activities for Kids
Parents and caregivers may wonder when to start teaching young kids about money. Although there is no “right” time, starting early makes the most sense! Even at two or three years of age, children can start learning about money through their everyday family activities. Going to the store and talking about buying groceries, toys, and […]
Getting Your Voice Heard in Your Family’s Finances
When Joan Rivers’ husband died unexpectedly in 1987, Joan not only lost her husband but her financial security too. To her surprise, she was left with $37 million in debt – something she knew nothing about. This just goes to show that even strong and powerful women don’t have it all together. Joan is just […]
Raising Special Needs Child: How does it impact your finances?
“You’ll need $2.8 million to take care of your child for their life.” I’ve never heard a sentence more deafening than that. My husband and I sat there, staring blankly back at our financial advisor. I swear I could feel my heart slow, and my brain spun out of control as my husband and I […]
How Much Should We Save for Our Kid’s Education?
As a parent, we always want to do what’s best for our children. Paying for a college education is a difficult choice to make for several reasons. But, no one wants their kids to be weighed down with tens of thousands of dollars of student loan debt either. Sure, you can wait until your kid […]
Are There Financial Benefits to Marriage?
First comes love and then comes marriage, right? The idea of marrying for love is relatively new, despite what pop culture might have you believe. When it comes right down to it, getting married forms a legal contract. As such, there are financial pros and cons to marriage worth considering before you walk down the […]
Hiding Money from Your Spouse/Partner – Is it ever okay?
Although every relationship is different, all couples benefit from talking openly about handling finances in their partnership. Some couples decide to combine their finances. Others choose to keep their money separate. Both are healthy ways to manage money in a relationship – if you and your partner agree. It’s one thing if you and your […]
Selling a Home to Someone You Know [Good Idea?]
You’ve decided to sell your home and a friend or family member has expressed an interest in buying it. Even though it seems like a much simpler way to sell your house – remember that easier isn’t always better. There are plenty of advantages to both parties when someone you know buys your home. But […]
Unique, Affordable Wedding Gift Ideas
As wedding traditions change and take on modern twists, so do wedding gift customs. You may have heard of the rule of thumb to give enough money to cover your dinner, but most couples don’t expect to have their wedding expenses reimbursed by guests, and the rule of thumb remains regional. Some budget savvy couples […]
What is Elder Fraud and How Do We Prevent It?
Elder fraud is a large and growing problem, costing many seniors the savings they worked hard for in their younger years. Reports indicate older Americans lose anywhere between $2.9 to $36.5 billion each year. According to the U.S. Consumer Financial Protection Bureau, individual victims of elder financial fraud lose an average of $34,200. In 7% […]
An Allowance System that Works [Greenlight Review]
Have you wanted to set up an allowance system for your kids but struggle with consistency? It’s so easy to forget to take out cash or to miss a weekly allowance. Or even mix up those money jars. Cash allowances can also be problematic when you’re at the store, and your kids want to buy […]
What Is a Money Story and How Can It Affect Your Finances?
If I had more money, ____ wouldn’t be a problem. I work hard. I deserve that new _____. I’ll never be able to pay off this debt. I can’t earn enough to get ahead. I need X amount of money to have peace of mind. I’m a cheapskate. Spending money on things for yourself is […]
Should You Move Back Home to Save Money?
Deciding where you’ll live is never an easy decision to make. Whether you’re graduating into an uncertain job market or feeling buried by debt, one choice more and more young people are considering is moving back home to their parents. While multigenerational living certainly isn’t the norm in the United States, it is on the […]
What Financial Protections do Stay at Home Parents Need?
Whether you’re already a stay at home parent, or considering the possibility, money is a primary concern. When deciding to have one parent stay home, your priority is figuring out how to live on less income. But you also need to understand that the parent who quits work to stay home is in a vulnerable […]
How Do I Teach My Teenager About Money?
One of the most important jobs we have as parents is to teach our children how to navigate the adult world. An important skill they’ll need to master is managing their money. Starting while they’re young is a good plan but if you’ve missed that boat it’s not too late. So how can we successfully […]
How to Get Out of a Financially Abusive Relationship
My client knew that it was time to end her marriage, and she was terrified. She had no idea how much money they had, and more importantly – no access to it. She had a debit card, but it was always low on funds. More than once, she had to call her spouse from the […]
Should You Financially Support Your Adult Children?
According to a report by Merrill, over three-quarters of parents provide financial support to their adult children. From allowing their kids to live at home to paying for their cell phone bill or even footing their student loan payment – parents are giving grown children more money than ever before. The study reveals parents in […]
How Can Parents Raise Money-Savvy Kids?
This post is sponsored by T. Rowe Price Our mission at Women Who Money is to provide trustworthy personal finance information by writing leveled content to support people no matter where they are on their financial journey. We’re also committed to helping people find accurate and developmentally appropriate resources to teach children about money. According […]
How Can I Find Financial Bliss with My Partner?
Women Who Money was created to provide trustworthy personal finance information for women (and men!). We write articles on topics that help our readers understand financial concepts, make smarter moves with their money, and become more financially healthy. Money and relationships is a topic we write about a lot because financial challenges can impact how […]
Should You Borrow Money From Friends or Family?
Have an unexpected expense? Between jobs? Don’t have quite enough money saved for a down payment on a home? Whatever the reason, if you’re in a tight financial situation, you might consider borrowing money from family or friends. But should you borrow money from friends or family? There’s more than money to consider before you […]
What Is #GivingTuesday and How Can I Get Involved?
You may have spent the last few days in stores or online getting some of your holiday shopping done. The #BlackFriday deals you found along with a few #CyberMonday specials saved you a lot of money. You even stuck to your holiday budget because of the deep discounts offered by retailers! Shopping isn’t the only […]
Guardian & Conservatorships: What’s involved when caring for an adult?
We know the thought of creating an estate plan might make your head spin. But failing to do so can cause way more mind-numbing, stressful, and time-consuming efforts later. Creating power of attorney (POA) documents as part of an estate plan assigns an individual the authority to make decisions in financial or medical matters for […]
Touch the World Through Giving to These Charities
In today’s world, technology and travel make it easier than ever to explore the globe. They also make it easier to give on an international level and make a difference around the world. In addition to making donations to causes you care about, you can also give your time to make a worldwide impact–sometimes without […]
Make a Difference on a National Level, Charities Who Need Your Support
It’s important to take care of our neighborhoods and communities, and there are plenty of ways to get involved on a local level. However, the interconnectedness of our towns and cities thanks to travel and technology means that helping at a national level is equally important. Below are some ways you can give to a […]
15 Best Ways to Save Money on Teen Car Insurance
It seems like just yesterday your teenager was in a children’s car seat. But now your teen is ready to borrow the keys. You might have mixed emotions about them getting behind the wheel. But you’re definitely concerned about the cost of adding your teen to your auto insurance policy. Luckily, there are plenty of […]
