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10 Things You Can Pay Grandchildren to Do
Is there a job that needs doing in your house? Instead of looking in the Yellow Pages, hire a grandchild.
It’s no secret that grandparents like to give gifts. You regularly send your grandchildren birthday checks, slip cash into their eager hands as you hug them good-bye af ... read more
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How to Choose a 529 Plan
You know 529 plans are a great way to save for college. But which fund should you invest in?
If you read my recent article on 529 plans, then you already know I’m a big fan of them. You also know they’re a great way to save for those large tuition bills th ... read more
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Who Knows Money? Grandparents.
One financial columnist says grandparents already know how to survive bad economy
Who knows best about money? Grandparents do.
Well, at least in the eyes of one financial columnist.
As the country debates whether we’re facing a recession, or alrea ... read more
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5 Great Jobs for Grandparents
Not so taken with retirement? Check out these fun and unique ways to rejoin the workforce.
You can only attend so many lunches and play so many rounds of golf before retirement becomes tiresome. “People think retirement is the light at the end of the tunnel,&r ... read more
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Step-Family Finances
If you're remarrying, make sure your grown children know you're still looking out for them financially.
Whether it’s due to divorce or death, remarrying and adding a “step” to your family is a challenge at any stage in life. The challenge isn't just emotional; ... read more
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The 411 on 529 Plans
What every grandparent needs to know about the best way to save for college.
When my grandchildren, Madison and J.T., were born, my husband and I set up 529 savings plans to help fund their college educations. It's something that I recommend for all of ... read more
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The Truth About Disinheritance
When a grandchild turns into a rotten egg, maybe it's time to tweak your will. What are the consequences of denying inheritance?
Disinheritance. It’s a dirty word, but one that I hear on occasion from my clients. Fed up with the huge sense of financial entitlement their children and grandchildren ... read more
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Family Business II: Ground Rules for Joining
Your grandchild wants in. Now what? 3 pointers on preparing the next generation for the task at hand.
It's inevitable. Handing down a family business involves making tough decisions — from selecting who will carry out daily operations or mediate, and how, to the way ... read more
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5 Tips You Should Know About Inheritance
One financial planner's advice on how to leave a financial gift to your grandchild.
Inheriting money is a lot like winning the lottery — and not only because both involve free handouts. Nowadays, both scenarios may be just as unlikely to occur. A 2006 A ... read more
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Lessons in Dollars & Cents
5 ways to help your grandchild understand the value of money. Plus: Finance field trips that boost money smarts - and are a hoot!
Some of my most enduring childhood memories involve my mother taking me to the Bank of Lincolnwood in Illinois. Even now, I can picture her giving the teller my father’s ... read more
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Managing the Bank of Grandma & Grandpa
Hint: This institution does not issue ATM cards
One of the great joys of being a grandparent is spoiling your grandkids — with everything from an extra hour of TV, a cookie before dinner, or a trip to the toy store &l ... read more
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Instilling the Savers' Mind-Set
Want to involve your grandchildren in paying for college? Here's how!
Around age 5, children begin to understand how money works. It's right about then that you can start teaching them the value of saving for the future. They'll start to catch o ... read more
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Are You in Touch With Today's College Costs?
Understanding what it costs to send your grandchild to college
When I attended Northwestern University in the 1970s, one year of tuition cost about $6,000. As a private university, Northwestern was on the expensive side, but the cost was ... read more
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Family Business: Introducing Your Grandchild
This is the first article in a series dedicated to examining the building, running, and sometimes letting go of a family venture.
It's amazing what can strike up nostalgia. For Paul Karofsky, all it takes is one whiff of wallpaper paste and one scratch of sandpaper to take him back to his childhood. As a ... read more
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5 Tips to Save Big on Holiday Shopping
Where to find this holiday season's hottest deals & steals. Plus: How one online shopper got a laptop for just $200.
Chanize Thorpe is a shopping maven. In a heartbeat, she'll tell you — laughing all the while — about the best deal she ever got. It was a laptop that set her back ... read more
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Top Picks: Online Brokerage Firms
With a slew of online brokerage firms to choose from, selecting the right one can be tough. Here's a roundup of options and how to tell them apart.
After a while, online brokerage firms all start to look alike. To pick the one that's right for you, consider not only the trade rates but also added features and how they mee ... read more
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Buy Low, Sell High, Start Young!
Wish you could have started investing earlier? You can't go back, but you can get your grandkids started... now!
The business of chaining up to a computer to exchange stocks – day-trading online – took a big hit after the 2001 dot-com bust. By repackaging their offerings, tho ... read more
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What Parents Won't Ask For
But really, really want for their children!
We all have wish lists – full of those things that someday, sometime, somehow we'd love to experience or have. But, as soon as they're changing that first diaper, newbie ... read more
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