No, it won’t make you bad parents. It’s fiscally irresponsible to spend your retirement money on your children’s education.

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6 reasons not to save for kids’ college

Don’t wreck your own finances trying to save somebody else’s. Whether it’s giving to church or children, be sure you can afford your generosity.

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Are you giving beyond your means?

Men are likelier to open their wallets to help their children in deep debt (as long as they don’t mention it’s for gambling), a survey finds.

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Need a big loan? Ask Dad, not Mom

Money gives people — both young and old — decision-making opportunities. Educating, motivating, and empowering children to become regular savers and investors will enable them to keep more of the money they earn and do more with the money they spend. Everyday spending decisions can have a far more negative impact on childrens financial futures than any investment decisions they may ever make. Here are 15 simple ways to help educate children about personal finance and managing money: Read the full story

Kids are expensive in today’s world. As much as we love and cherish them, they can do damage to our wallets and our checking account. Do not get this confused with being shallow and cheap, but it seems like kids today have too many wants and we, as parents, give in to our child’s wants, by buying them the Nintendo Wii, the iPod, the brand name clothing, takeout, and whatever else they demand. But what many parents are failing to do is teach our child the value of money. Read the full story

You are not teaching your 16-year-old child to spend responsibly when you give him or her a credit card any more than you are teaching gun responsibility by letting him sleep with a loaded automatic weapon with the safety off.  In both cases, you as a parent are being stupid.  People with common sense don’t give 16-year-olds beer to teach them how to hold their liquor.  By giving a teenager a credit card, the parent – the one with supposed credibility – introduces a financially harmful substance and endorses its use, which is dumb but unfortunately very normal in today’s families.  Parents must instead teach the teenager to just say NO. Read the full story