Mrs. Smart Family Finance took the initiative to start teaching my 3-year old daughter about savings and spending. It seemed like a natural development. My daughter has finally come to a point in her life where she is not contented…
Month: January 2012
Should Your Family Pay More for High Quality or Buy Cheap Stuff?
The shopper’s dilemma goes a little something like this: “This refrigerator is so much cheaper, but will I be buying a replacement in two years? Maybe, I should buy the one twice as expensive, because it will last longer? What…
Why It’s Important for Young Families to have a Financial Plan
You wouldn’t sail without a compass or wander through the wilderness without a map. Why then do so many young families start out their adult lives without having consulted a financial planner? According to a PNC Bank survey last fall,…
What are Mortgage Lenders Looking for in a Borrower?
Louise writes for MoneySupermarket, a price comparison site in the UK dedicated to saving households money. As she teaches her 2 year old daughter about money, she attempts to educate her 25 year old husband at the same time! Buying…
Best Jobs for Teens to Have When Saving for a Car
A car is the first large purchase many people make as young adults. We spend months — sometimes years — saving for a car, often working less-than-ideal jobs. If you haven’t graduated high school then the job market may be…
Mistakes Young Families Make When Financing Their First Home
Image by Jo@net via Flickr Money mistakes made by young, educated and affluent families were a direct cause of our current economic turmoil. If families fail to learn from those home buying mistakes, we are doomed to repeat the consequences.…