The Allowance Lessons
– thesimepledollar.com
“An allowance is not a salary or an entitlement. It is a tool for teaching children how to manage money.” – Joline Godfrey
When our oldest child turned four years old, we started an allowance system. Each week, we gave him fifty cents per year of his age (so, $2 as a four year old)…
When our oldest child turned four years old, we started an allowance system. Each week, we gave him fifty cents per year of his age (so, $2 as a four year old)…
Big 401k Mistakes
– freemoneyfinance.com
The Wall Street Journal lists four big 401k mistakes as follows:
1. Under- or over- contributing
2. Ignoring fees
3. Taking a 401(k) loan to pay off debt
4. Ignoring allocation
My thoughts on these:
1. I’ve been contributing the max to my 401k for years. But I’ve also been saving in non-401k accounts as well…
Owning a Car Costs 2 Percent More This Year
– moneytalksnews.com
The cost of car maintenance jumped 11.26 percent this year for sedans, AAA says.Its annual study of driving costs shows that was a factor in a nearly 2 percent increase in the overall cost of car ownership.AAA’s experts determine maintenance costs by looking at five-year expenses for labor, replacement parts and an extended warranty policy…