A Family CEO Life Update

About the Blog, Kids and Money

Things are in transition at our house again. Next week our son Grant graduates from St. Louis University and he’s moving to New York City, where he’ll start his new job in public relations on June 4. It seems like last month – no last week – that I wrote this post about his college orientation. […]

May 12, 2018

Teaching High School Students About Money

Kids and Money

So this is cool. H&R Block, the tax services provider, believes that mastering financial matters is an important adult life skill, but that teenagers aren’t being prepared for the challenge. So the company developed a teen financial literacy program that takes the form of an online game. The game is played over nine weeks’ time […]

May 10, 2015

When Your Adult Child Comes Back Home

Kids and Money

We’re living a cliche: Our daughter – who graduated from college in May – is living in our basement. When you hear that do you picture a kid eating Doritos and watching Netflix all day? Yeah, same here. But on the contrary, Lindsey’s gainfully employed and she actually moved home at our suggestion. It seemed like […]

August 14, 2014

Reader Question: What Do Senior Pictures Cost?

Kids and Money

I do a lot of blogging about the cost of college, but recently I got a question from a reader named Lori about one of the expenses associated with the senior year of high school: senior pictures. Here’s what she wrote: So before we get to college, we’re looking at ALL the expenses related to the […]

September 12, 2013

How Much Does Prom Cost? One Family’s Expenses

Kids and Money

This week CNN Money ran an article with the headline Teens (and their parents) spending hundreds on prom. In it were these figures: The average family expects to spend $1139 on prom this year (up 40% from 2011) The Northeast average is the highest at $1528 The Midwest average is the lowest at $722 Teens pay […]

April 30, 2013

Six Things I Want My Kids to Know About College

Kids and Money

Next month I get to help judge the 11th annual Back-to-School Essay Contest being sponsored by American Century Investments. The contest asks 7th and 8th graders to write about the goals they have for after high school and what steps they’re taking today to reach those goals. I’m especially excited to do this because American […]

September 14, 2012

Make Your Kids CFOs of Energy

Kids and Money

The following is a guest post. So, if you’re the Chief Executive Officer of the family, why not make your kids the Chief Financial Officers of Household Energy? Yes, you may not be able to pay them the six-figure salaries that most CFOs earn, but that doesn’t mean they can’t make valuable contributions to growing […]

January 9, 2012

Your Long-Term Budget: Planning for Kids

Kids and Money

The following is a guest post. Keeping a regular budget is an essential foundation of strong financial planning. No matter your expenses, whether they be groceries, medical bills, rent, or engagement rings, planning for them and documenting them is the best way to restrict your spending, organize your bills, and find areas where you can […]

December 6, 2011