As our lives become increasingly mobile, it is little surprise that we are interested in taking more of our finances with us. And with smart phones, like the iPhone, Blackberry and G1, it is possible to keep track of just about everything related to your financial world.>>> [Read More]
Tag Archive: Personal Finance
Lending Money to Friends and Family
These economic times practically guarantee that someone you know (and possibly love) will come to you for money. Lending money to friends and family has always been fraught with problems. Indeed, there is always the chance that the debt someone else owes you could, in the end, cause a rupture in your relationship. While it might best in some cases to send your relatives and friends on their way, there are instances that you might feel necessitate offering a loan. Here are some things to keep in mind if actually do take the plunge and lend money to friends and family:>>> [Read More]
Teach Your Child About Responsible Credit Use
Chances are that, in spite of any efforts you might make to the contrary, your child is going to be interested in using credit. Credit can be helpful in terms of preparing for the future, and building good personal finance habits, and building a history that can be used to help your child secure good rates for home and auto loans. However, credit, like so many other money tools, can be financially devastating if abused. It is up to you to teach your child sound financial principles, including the wise use of credit. Here are three steps to teaching your child about responsible credit use:>>> [Read More]
