After reading Len Penzo’s hilarious tale of a boy and his cell phone, I was reminded that people learn by screwing up. (Or maybe that’s just me!)

At any rate, his story highlights the need to teach kids how to be financially responsible. » Read more

While I still believe that “Wear sunscreen” is some of the best general advice you can get as a graduating student, getting a little money-related advice is a good idea too.

Looking back, I wish I’d known that I should always save at least 10% of my income, no matter what. And that if I make so little money that saving 10% of my income seems impossible, that I’m either spending too much (probably on my car!) or else I need to get a better paying job. » Read more

My son’s prom was this weekend, which led me to the discovery that prom is just plain expensive all around.

I always knew it was expensive for girls — after all, if you go all out, there’s the dress, the shoes, the accessories, the makeup, the hair, and the nails. That can add up to some big bucks. » Read more

Have you thought about the kind of financial legacy you would like to leave?

Financial legacies can be legacies in the old-fashioned sense of an inheritance, but they can also be a legacy in the sense that the way you handle money gets passed down to the next generation. » Read more