When I was growing up, one family in the neighborhood lived differently from all the others. In their garage was a Rolls-Royce, and when each of their sons turned sixteen, a new BMW showed up in the driveway. Because it was so out of the ordinary, it caught my attention. It [...]
How to teach your children about personal finance
When I was a kid, I never liked the game Monopoly. I found it slow and uninteresting. But now, as a parent, I see its value. I’ve tried a lot of things to teach my children about money, but nothing comes close to Monopoly in its ability to convey lessons in personal finance. Sure, it helps kids [...]