Smart Ways to Use Your Year-End Bonus 0

Smart Ways to Use Your Year-End Bonus

Got a year-end bonus coming? Here’s how to make it work harder for your family. The 50/30/20 Bonus RuleSplit your bonus smartly: 50% to debt or savings, 30% to family goals, 20% for fun....

a group of people sitting around a wooden table 0

Setting Financial Goals as a Family

Turn money goals into family wins. Start with a family meeting to discuss dreams: vacations, home improvements, education. Make goals SMART (Specific, Measurable, Achievable, Relevant, Time-bound). Create visual trackers kids can understand—thermometer charts for...

Teaching Teenagers About Credit Scores 0

Teaching Teenagers About Credit Scores

Before your teen turns 18, teach them credit basics. Credit scores (300-850) impact loans, apartments, even job prospects. Explain: payment history matters most (35%), keep credit utilization under 30%, length of credit history counts,...