The latest on charitable kids, money stress, and college tuition
Here are some favorite personal finance reads from around the web this week.
If you’re a new parent, congratulations! Paperwork might be the last thing on your mind, but make sure you have these important financial documents for your newborn. They’ll have a big impact on taxes, inheritance, and even college. After all, it’s never too early to open a 529 plan.
If your kids want to help out after a hurricane or earthquake, encourage them! And allow yourself a bit of pride. Here are some ways kids can help out after a natural disaster. And if your kids haven’t expressed interest, don’t worry—there are plenty of steps you can take to help your children develop a charitable spirit.
—New York Times
Does free community college work? Findings from a new Chicago program say yes. We should work towards adopting this across the entire nation. Education should be accessible to people of all income levels!
—Right About Money
Money stress isn’t just hard on everyday people, it’s also costly for the economy. It hurts employees and employers. Yet another reason to push for better financial education for everyone—whether at school or in the workplace.
—Good News Network
So inspiring! This little girl is going places. Combining entrepreneurship with charity at such a young age. A lemonade stand is not only a great way to teach kids about money, but it can also be a tool for good!
Craving more fresh financial finds? Here are my latest blog posts!
Don’t let money sour your engagement. Having an open conversation about your respective finances sooner rather than later is key to a successful relationship.
What stumps you most about finance? I asked folks from three different generations and got, well, three very different answers!
Can dropping out of college ever be a smart financial move? Here’s why this woman has no regrets about quitting college the first time around.
This reader’s parents retired and decided they wanted to start a goat farm, with zero farming experience. How do you tell your parents you can’t invest in their plans—without crushing their dreams?
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