Stretching Your Dollar: Teaching Your Kids to Use Credit Wisely
As college students head to campus, many will face the lure of credit cards for the first time. Credit cards are not a problem, but uneducated spending with them can be an issue.
If you'd like to help your kids understand money, check out this interview with Lawrence Sprung, a certified financial planner and author of Financial Planning Made Personal, who shared his professional advice for parents and examples of how he taught his own children about responsible credit.
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Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.