Basic Money Smarts (@basicmoneysmart) header
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Personal finance articles for families with particular emphasis on teaching kids financial literacy #FinancialLiteracy #PersonalFinance #FinLit

Portland, OR
Joined December 2015
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A weekly allowance can be an important tool to help teach your son or daughter about how to manage money. ow.ly/oNoP50xlkk6 @Kiplinger #financialliteracy #allowance #parenting
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Most debt-ridden generation isn't Millennials. It's #GenX. Driven by being in the stage of life of buying homes (& having mortgages). Still, 1/3rd of GenX income goes to debt payments...? "Personal Debt Declines, Still A Source of Anxiety For Americans" bit.ly/2QhpCMl
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Expert Advice: How to Care for Your Child's Credit bit.ly/2FJetg4
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Not only do students lack a proper #finlit education, but so do #teachers, making it harder for the youth to get the proper knowledge they need. Illiteracy is a problem that affects us all 76% of students are unprepared for their financial futures. dmfinancialliteracy.org
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Ugh... -- 43.3% of Americans have less than $500 set aside for a financial emergency -- 34.5% of Americans don't have an emergency fund at all -- 14.5% of Americans don't even know what an emergency fund is via @MyBankTracker mybanktracker.com/open-data/…
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SO Inspiring! 6-year-old Virginia girl writes book on money management for kids and adults nbc12.com/story/38908519/you… #financialliteracy #goals
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Get Your K-12 Financial Literacy and Economic Education Resources Today: store.councilforeconed.org. Use code: School2018 at checkout and receive a 35% discount. Code is only valid until 8/31/18, 11:59 p.m. PST. #edchat #ntchat #finlit #econed #teachers #school #education
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Vanguard founder Jack Bogle: "Time is your friend; impulse is your enemy."
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Is it time to automate politicians? econ.st/2AIx9vE
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An Oregon credit union is teaching people how to manage their money – and offering some life lessons along the way. ow.ly/c8WU30l73CQ #creditunion #financialliteracy @OregonStateCu
Grandparents can set up 529s with their grandchildren as beneficiaries, but the withdrawals are treated differently: as income for the student | on.wsj.com/2KhadTO via @WSJ
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Has your family suffered a job loss or other financial crisis? It isn’t too late to file an appeal for more college financial aid | on.wsj.com/2OsoNLy via @WSJ
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"According to a 2017 PWC Financial Wellness Survey, 65% of millennials reported being stressed about their finances. Additionally, approximately 1/3 of employees reported being distracted by personal finance issues while at work.." We need #fineduc at work employeebenefitadviser.com/o…
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HOUSEHOLDS APPROACHING RETIREMENT AGE had a median $135,000 in their 401(k) and IRA combined as of 2016, up from $111,000 in 2013, according to Boston College's Center for Retirement Research. That’s enough to generate just $600 a month in retirement income.
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It's Financial Literacy Month, let's get this to trend! #FLM2018 #trending
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Use this #SmartAboutMoney calculator to help determine how much money you need to set aside monthly (or as a lump sum) to create an #EmergencyFund: bit.ly/2oF2N2D
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If you don't understand it, don't buy it until you do.
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As your children begin to understand more about money and decision-making, take them through your monthly budget to show them where the money goes and to demonstrate responsible decision-making. ow.ly/Uqnl30iktXO @4kidsactivities
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Thanks for the comment and question on my recent post.@Financialplgrm I have 2 older posts with some strategies that may help with your question. jumpstartfromscratch.com/sav… jumpstartfromscratch.com/148…
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