Virtual bank accounts allow parents to deposit allowance online and teach kids about spending and saving. Beth Kobliner's advice for parents: Use cash. Read More
As a member of the President’s Advisory Council on Financial Capability, I’ve been asked to help judge the Treasury Department’s new contest that will reward kids who have the best savings story. Enter by Nov. 25! Read More
If your teen was lucky enough to snag a summer job (quite a feat in this economy), congratulations!
For your child, a rush of pride and possibility comes with their first job. Hello, financial freedom. Goodbye, begging mom and dad for $5 to grab pizza with friends, or $40 for a new video game. Read More
This is a tough question for people with debt. But if you have savings, I encourage you to use it to pay off your high-rate debt. Here's why. Read More