When I was a kid, I never liked the game Monopoly. I found it slow and uninteresting. But now, as a parent, I see its value. I’ve tried a lot of things to teach my children about money, but nothing comes close to Monopoly in its ability to convey lessons in personal finance. Sure, it helps kids [...]
It’s graduation season again. If you're entering the workforce—or know someone else who is—here are four ideas to help jump-start your financial life: 1. Managing debt: If you’re like most people, you may have student loans. And depending on how much you owe, you may be wondering how best to [...]
Recently, I was speaking with a group of young people — all in their 20s — and noticed that the topic of debt was a recurring theme in our conversation. In fact, I would go further and say that debt seemed to be a truly overwhelming theme for them. One described an oppressive, seven-year car loan. [...]
Each year, as graduation season rolls around, I think back to my own time in school. Overall, I can't complain. But, while I learned lots of facts and figures over the years, I am always surprised that schools don't teach more “life skills” to young people. Specifically, I have always felt that [...]
