Category Archives: Budgeting

Allowance Rules Are Changing

In the August issue of Money Magazine my article, “The Right Way to Give an Allowance,” discusses how allowances are evolving. No more financial rewards for doing chores. Instead, kids are encouraged to be entrepreneurial, identify needs around the house and negotiate their pay.

Save $2,015 in 2015

With incomes remaining pretty much flat and basics expenses from health care to cell phones on the rise, saving money is a TOP New Year’s resolution. I’ve calculated simple ways to give your budget more breathing room – in many cases by just tapping into your smart phone. And in the spirit of the New Year, the total savings add up to the tune of $2,015. Huzzah!

DailyWorth: Celeb Money Mistakes

As Chris Rock once said, “Rich is some (bleep) you could lose with a crazy summer and a drug habit.” Just because one may be good at making money doesn’t mean he or she necessarily has the savvy to save, invest and grow that money. The financial failures of some celebrities amplify what can go wrong when you mismanage your dollars and cents.