Search Results for: establish trust
How To Establish Clear Policies For Your Teen’s Tech Use
Technology has transformed our world so thoroughly that our kids cannot imagine life without gadgets. They expect to have access to these devices 24/7, but their expectations aren’t always realistic.
What Is a Revocable Living Trust?
A revocable living trust is a document that an individual or a couple creates that designates the management and beneficiaries of assets. The document is similar to a will in that it is revocable, meaning that the parties creating it can modify or nullify it at any time. The parties creating the trust must give detailed instructions for the overseeing and distribution of all assets, including cash, property, insurance benefits, valuables, investments and other accounts.
Kids Online Safety: What All Parents Should Know About Social Media
With the way technology is advancing, it isn’t surprising to find a large number of kids getting more involved and dependent on the Internet and social media. Although these things can help your kid stay connected and informed, it still isn’t a good idea to expose your kids to these networks without proper guidance. As…
Why You Should Absolutely Avoid the “Bank Glitch” Trend: Protect Your Financial Future
As a mom of three and a financial advisor, I’ve seen firsthand how essential it is to teach kids about budgeting, saving, and financial responsibility. Equally important is educating them on what not to do, and here’s a prime example: a dangerous trend is circulating on social media, encouraging people to exploit a supposed “bank glitch” to withdraw free cash from ATMs. While this may seem harmless in viral videos, it is actually bank fraud and can lead to serious legal trouble for you or your kids.
The Best Credit Cards for Teens: Smart Financial Start
Which Credit Card Should Your Teen Get? Just when you thought you were finally getting over the college applications, you now have to think about sending your kid to college and hoping they will make smart decisions - and that includes the money part too. Let’s face it, financial literacy is an essential skill for…