3 mins read

Divorce & IRA Accounts

During the course of a divorce, any assets you and your spouse had will need to be divided. With the help of your lawyers or a mediator, you will decide who gets what property, how to divide your savings and how to divvy up the retirement accounts. Splitting up the 401(k)s and the IRAs is a bit trickier than simply dividing a regular savings account.

4 mins read

How to Teach Kids About Checking Accounts

Money education is an important and sometimes overlooked lesson that parents forget to share with their kids. It is important for kids to learn how to budget the money they have available to them and how to balance a checkbook. When kids see mom and dad pull out credit or debit cards, they may not realize that there is more to managing money and a checking account than just swiping a card. Any money management lesson also gives you a chance to spend time with your kids, and to gauge their basic math skills.

3 mins read

Building a Savings Accounts

Experts say that individuals should have a year’s worth of living expenses stuffed into their savings account in case of an emergency. It’s hard to imagine saving just a few months’ worth of pay–much less an entire year’s worth. However, there are some easy methods you can use to build a savings account that will continually draw interest and will be there in case of an emergency.

5 mins read

Joe Jonas and Sophie Turner’s Pending Divorce: Money Tips Before You Split

The ongoing custody battle between celebrity couple Joe Jonas and Sophie Turner has taken an unexpected turn. Amid the legal proceedings, Joe and Sophie have reached a temporary agreement concerning their children’s living arrangements, preventing them from leaving the greater New York City area. This development comes shortly after Sophie Turner’s recent filing, where she expressed her intention to permanently relocate their children to the United Kingdom.