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7 Strategies for Helping Your Child Become Financially Independent

By |2017-04-18T20:53:56-04:00October 27th, 2015|Categories: Press Room|Tags: , , , , , , , |

reposted from by: Andrea Murad October 27, 2015 Life after college can be hard, especially when your child moves back home. High student loan debt and expensive rents, coupled with a low salary, can make living independently a challenge for someone just starting out. Parents can help their children get on their feet financially by [...]

Financial Literacy Month — Teaching Your Children About Money

By |2017-05-09T22:13:06-04:00April 14th, 2014|Categories: Personal Planning, Uncategorized|Tags: , , |

Ask your five-year old where money comes from, and the answer you'll probably get is "From a machine!" Even though children don't always understand where money really comes from, they realize at a young age that they can use it to buy the things they want. So as soon as your child becomes interested in money, [...]

Small Amounts Can Add Up to Big College Savings

By |2017-04-18T20:53:57-04:00October 18th, 2013|Categories: Press Room|Tags: , , , , , , , , , , |

reposted from U.S. News & World Reportby: Reyna Gobel   Parents who stuff their children's college funds with more than they can afford each month are setting themselves up for failure.    "Parents start off saving $500 per month, but then the car breaks down or they need new tires," says Mackey McNeill, a certified public accountant and [...]

How to Teach Your Kids about Money at Any Age

By |2013-07-17T12:00:14-04:00July 17th, 2013|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , , , |

Chances are there was a lot you didn't know about finances when you reached adulthood.  Your accidental ignorance may have cost you money in the form of an overdrawn checking account where the bank gleefully heaped on additional fees, or credit card debt at interest rates that would have qualified as criminal usury in the Middle [...]

Teach Your Children Well: Basic Financial Education

By |2017-05-09T22:12:05-04:00April 2nd, 2013|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , , , , , , , , , , |

Even before your children can count, they already know something about money: it's what you have to give the ice cream man to get a cone, or put in the slot to ride the rocket ship at the grocery store. So, as soon as your children begin to handle money, start teaching them how to handle [...]

The 5 Most Valuable Money Lessons for Kids

By |2012-08-23T18:23:04-04:00August 23rd, 2012|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , , , |

Life isn’t about stuff.  The most important lesson a child needs to learn to lead a healthy money life is that stuff isn’t the most important thing.  A great way to teach this to your children is to lead by example, and have conversations with your kids about what their perceptions of rich and poor are. [...]

From the Archives: What are we Teaching our Children about Money?

By |2017-05-09T22:11:14-04:00May 17th, 2012|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , , |

Excerpt from the Fall 1997 Mackey Advisors Newsletter As a parent, Fall used to be one of my least favorite times. School starts, and the money rolls out. Fees, supplies, tuition, new shoes… the list seems never ending. I am often torn by how much is too much. I mean, I wouldn’t pay $100 (or more) [...]