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Budgeting
C.J. Prince discusses an epidemic that is a common ocurance amount today's wealthy.
Their children are no more likely to suffer from the measles or mumps than a middle
class child, but they are more susceptible to acute cases of what Prince calls affluenza.
In this informational article, Prince gives several pieces of good advice to wealthy
parents in order to keep their kids from suffering from affluenza.
Link: Raising Wealthy Kids Right
Joshua Kennon, the Investing For Beginners Guide on About.com has written a matter
of fact article about raising financially responsible kids. He offers realistic
tips and money related products that any parent could use to help their child become
more independent with their finances.
Link: Teach Your Teen Financial Responsibility
A thought provoking article that offers students tips to track and learn from their
spending habits. Author Diane Helm encourages students to record their spending
and the feelings that were associated with their purchase. She encourages parents
to be involved in the process of setting up a budget for their teen but to leave
as much decision making as feasible up to the teen.
Link: Budgeting for Students
Adriane Berg offers tips and money related products to help your college student
establish and stick to a budget. Since most college students don't have a steady
stream of income, it is a great time to teach them ways to start and follow a budget
that could serve them well even after they are fully self sufficient.
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