Family Finances

Archive for the 'Family Finances' Category

Asset Allocation - A Basic Understanding

Sunday, December 5th, 2010

Asset allocation is not a matter of owning several stocks or several mutual funds. You need to be holding assets in different sectors of the market. When talking about mutual funds they are generally divided into the sectors of large cap, small cap, international and fixed income. Cap is short for the word capitalization, how […]

How To Make A Budget

Monday, February 8th, 2010

Many people turn green when they hear the word ‘budget’, but if asked where their money went, could they account for it? Instead of it being seen as a ‘negative’, having a clear sense of ‘in-come’ and ‘out-go’ can really put you in the driver’s seat of having a great financial future. The real key […]

Christmas, Parenting and Debt

Thursday, December 10th, 2009

The Christmas season is upon us with Christmas Day being less than a month away. With that, for many, the anxiety level may already be on the rise due to the expense the season usually incurs. If you find yourself in this position, consider some truths that can help you make it through.
As a parent […]

Teaching Children How To Handle Finances

Sunday, November 29th, 2009

It’s never too early to instill in your children the importance of money and how to handle it, especially if you haven’t been the ideal role model on the subject. If you’re in a position where you’re looking for ways to stretch the pennies or if you’re rolling in the dough, conducting a family […]