It's not natural to know how to manage money. Peoples' understanding of financial management comes from observing others and from their own experiences. The way that parents talk about money and the decisions they make surrounding it have a strong influence on teenagers. Although it is beneficial for teenagers to witness their parents making sound decisions regarding money, this is … [Read more...]
How To Start Investing For Teenagers
If you're a teenager and start investing today, you'll be getting a big jump on where your finances should be when you're an adult, even with modest gains. Although today there are headlines of the stock market crashing and uncertainty about the economy, that doesn't mean you shouldn't invest. In fact, a downturn in the market at times is normal. By investing when you're still a … [Read more...]
Should You Talk to Your Kids About Money Troubles?
While it is important to be honest with your children, experts say you should also be careful about how much information you share. "While you don't want to burden a child with adult-sized problems, kids pick up on stress. So pretending things are great when they're not isn't helpful," Amy Morin, a psychotherapist, host of The Verywell Mind podcast, and the author of 13 Things Strong Kids … [Read more...]
Minnesota Approved Online Learning Providers
School districts in the United States are trying to figure out the best way to provide instruction during the coronavirus outbreak. Most parents of students in elementary and secondary schools are worried that their children will fall behind because of disruptions caused by the pandemic. There is a big difference between parents whose children are attending school in person and those … [Read more...]
Best Investment Apps for Beginners in June 2022
The fintech industry is showing significant growth and with that new investing apps have become available for investors of all ages to use to get better returns. Fintech companies in the U.S. were given $12.4 billion in funding in 2018, which is 43% higher than what was given in 2017. Many of these companies are using the funds to create apps that will make investing and … [Read more...]
21 Must-Know Financial Literacy Statistics
The pandemic has allowed parents to be more involved in their children's education. Although fractions can be taught through baking, historical reenactments and science experiments are fun, this is also a great opportunity for parents to offer some practical and beneficial learning about financial literacy, especially with teenagers. YOUNG ADULTS ARE UNPREPARED TO MANAGE THEIR … [Read more...]
Want to Learn About Our Currency?
When you look at a bill - $1, $5, $10, etc, do you ever think about how it gets made? Take a look at the art on bills, how that art ends up on each bill. Who Designs the Bills? US Currency bills are designed at the Bureau of Engraving and Printing, which is a part of US Treasury. The Bureau of Engraving and Printing is in charge of designing and printing all the bills we use every day. … [Read more...]