Family Finances

Everything about money: from budgeting to controlling expenses of the household. From teaching your children about money and more.

Unhealthy trend among wealthy parents

Here's a report I read recently: There's a 20% increase in the spending on luxury items for children among Chinese parents this year compared to the last. They spend more than 3,000 yuan (USD $471) … [Read more...]

Stay away from Gluepon

Yes you heard me right, stay away from discount sites such as Groupon. I have received many invitations to join *Gluepon* but I don't bother. From now on I will use the name Gluepon (because it … [Read more...]

Why frugality is meaningless

It seems like it's a highly popular topic. A quick check reveals that there are many websites on frugality. Not only that, almost all financial gurus ask you to be frugal. I am not against … [Read more...]

Want to have a baby? Make financial plans for the big day

This is a guest post from Laura Cecil. My dad used to quip that “Babies are like used cars – easy to get but expensive to maintain.” Having three children myself now, I can see the truth to his … [Read more...]

How to Pay Off Credit Card Debt

After I first started working (God knows how long ago), a friend approached me and helped me get a credit card through her brother-in-law who was a credit card consultant. I tried to apply for one … [Read more...]

6 Money Lessons for My College-Aged Daughter

My daughter Chloe is starting out in college in the fall, and with her newfound independence will come the newfound responsibilities of dealing with money. Like many young people, she hates … [Read more...]

Taming Consumerism in Young Children

It's true. Every child is unique. My elder daughter J has learned the lesson quite well but my son K can't seem even to get the message. With exposure from TV and the Internet, children are … [Read more...]

What Lessons To Teach Your Child About Money?

As families continue to adjust to an economy that is very different from just a few years ago, parents are realizing how important money lessons are to the future of their children. It is true that … [Read more...]

Money Saving Recipe: Mix Old Habits With New Techniques

With more and more people realizing the negative consequences of excessive spending, saving money is making a comeback. … [Read more...]

Best Part Time Jobs For 16 Year Olds – No Qualifications and No Interviews

The benefits of a child getting a part time job are many. Eventually, parents want them to be able to face the world when they grow up. But for now, we want them to be able to earn extra cash and be … [Read more...]