Kids Can Contribute to an IRA! No, Really!

Believe it or not, your kids can be making contributions to an IRA (Individual Retirement Account) at any age – provided they have some income. The benefits of having an IRA are awesome: investments grow tax-free in these accounts, so they get the full benefit of compound interest without taxes getting in the way. Kids also have the option of …

BretKids Can Contribute to an IRA! No, Really!

Wants vs. Needs: Teaching Kids About Money

Things Nobody Needs

One of the most important things we can teach our kids – whatever their age – is to recognize the difference between a “want” and a “need.”  Mastering this one simple concept can have a profound impact on future financial health.  Additionally, it’s not enough to simply recognize the difference; it’s important to be unashamed to call a thing what …

BretWants vs. Needs: Teaching Kids About Money

Psst! Your Kids Are Probably Spies!

In case you haven’t realized it yet, I thought you should know:  If your kids are anything like mine, they are probably spies.  They might as well have a direct line to the NSA. They’re always watching you, monitoring your movements, your spending habits, and your conversations.  They are profiling you.  It’s not because they have some nefarious plans to …

BretPsst! Your Kids Are Probably Spies!

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