Browsing all articles in Financial Responsibility
Dec
29
0

10,000+ Baby Boomer Retiring in 2011 Problems

Author Calculate Credit Card    Category Financial Responsibility, Teaching Kids About Money     Tags

So CNN has just reported that there will be ten thousand (10,000) plus workers ready to file for retirement. Unfortunately, a majority of them are not prepared, mainly due to not having enough saved. Now, it’s not completely their fault, as our economy has hit some rough spots and their retirement funds didn’t profit as [...]

Dec
3
0

Don’t Blame Credit Cards

Author Calculate Credit Card    Category Credit Cards, Financial Responsibility, Teaching Kids About Money     Tags

It’s noticeable that credit cards have gotten a very bad reputation over time. Credit cards are typically associated with negative connotations, such as high debt, bankruptcy, and simply fear. It’s time to stop misdirecting the blame of these negative attributes to an inanimate object and start looking at ourselves, the consumers. With proper money management [...]

Sep
28
0

Don’t Be Lazy When It Comes to Money: Use A Manual Ledger

Author Calculate Credit Card    Category Credit Cards, Financial Responsibility     Tags

If you’re like me, you find it really convenient that your credit card or banking institution provides you with a list of your most recent transactions when you log into your online account. It really simplifies the book keeping process and that’s great. Unfortunately, with simplicity comes laziness and with laziness comes mistakes/unwelcomed surprises. I [...]

Jun
18
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What Are The Benefits to Calculating Your Daily Interest Rate?

Author Calculate Credit Card    Category Credit Cards, Financial Responsibility     Tags

After I created the “Calculate Your Daily, Monthly, and Annual Credit Card Interest” page, I was asked numerous times, why did you specifically decide to create that tool and what purpose does it serve? Well, I guess my brief intro on the homepage was a bit too brief. Let me elaborate. Around the time I [...]

Jun
15
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Jobs, Ledgers, and Teenagers (Teaching Kids About Money)

Author Calculate Credit Card    Category Financial Responsibility, Teaching Kids About Money     Tags ,

This article is part of a series on Teaching Kids About Money. My next suggestion in how to teach kids about money may seem a bit far fetched, but I’m pretty sure it’ll work. Tell them to get a job! Of course, I’m talking teenagers. However, there are options for pre-teens to start making their [...]

Jun
4
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Donations and Kids (Teaching Kids About Money)

Author Calculate Credit Card    Category Financial Responsibility, Teaching Kids About Money     Tags ,

This article is part of a series on Teaching Kids About Money. Let’s be honest, most people don’t donate as often as they should. I’m guilty of it myself. But donating to good causes does play in the realm of being financially responsible as a society. And this is something that needs to be introduced [...]

Jun
2
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Savings/Checking Accounts for Children (Teaching Kids About Money)

Author Calculate Credit Card    Category Financial Responsibility, Teaching Kids About Money     Tags ,

This article is part of a series on Teaching Kids About Money. I believe many children either don’t have a savings/checking account or they aren’t aware they have one available to them. My own parents were very conscious of making sure they were saving money for my future. It’s taken nearly 30 years for me [...]

May
31
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Prepaid Credit Cards and Kids (Teaching Kids About Money)

Author Calculate Credit Card    Category Credit Cards, Financial Responsibility, Teaching Kids About Money     Tags ,

This article is part of a series on Teaching Kids About Money. Credit cards have a bad reputation. People view credit cards as an evil doorway to the downward spiral of debt. The truth is, we should all have credit cards. Sure they’re capable of ruining our credit, but ultimately their purpose is to help [...]

May
30
1

Teaching Kids About Money

Author Calculate Credit Card    Category Financial Responsibility, Teaching Kids About Money     Tags ,

I was watching CNN recently and one of the topics for discussion was related to how an elementary school in Chicago, Ariel Elementary Community Academy, has integrated money management for kids into their curriculum. The moment I heard about this, I was immediately captivated. I have been meaning to write about this topic for quite [...]