Allowances: Tool or Tyranny?

Allowances: Tool or Tyranny?

In her blog “Good Thinking,” research psychologist Denise Cummins explains why the topic of allowances raises such a high level of concern and confusion for parents. Allowances are powerful things. They are a child’s first exposure to the power of personal choice that...
Nurturing Financial Capability

Nurturing Financial Capability

Financial capability is defined as the capacity—based on knowledge, skills, and access—to manage financial resources effectively. All parents, of course, hope their children will grow up to be financially responsible, savvy, and confident adults. However, because...
Kids Need Money Mentors

Kids Need Money Mentors

With the level of consumer debt skyrocketing and the cost of housing, education, and health care increasing at double digit rates, younger generations are facing unprecedented challenges to achieving economic security and financial independence.  Therefore, helping...
Teaching Kids Money Survival Skills

Teaching Kids Money Survival Skills

In 1988, financial planner and author Venita Van Caspel wrote in her bestselling book Financial Dynamics for the 1990s: “Our educational system continues to send forth our young with so little information about financial matters that they are like time bombs about to...
What is Your Money History?

What is Your Money History?

Our attitudes and beliefs about money have their roots in value-laden messages that we have picked up along life’s journey. These money messages are not only clothed in the words of others, but in their behaviors as well. To discover the roots of your money attitudes...

Financial Well-Being Eludes Young Adults

More than two decades ago, financial planner and author Venita Van Caspel wrote: “Our educational system continues to send forth our young with so little information about financial matters that they are like time bombs about to destroy their own and their families’...