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.FunctionIf you are employed … [Read more...] about Divorce & IRA Accounts
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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 … [Read more...] about How to Teach Kids About Checking Accounts
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 … [Read more...] about Building a Savings Accounts
Mothers, Beware: New Social Media Scam Targets Instant Gratification
The COVID-19 pandemic has brought the whole world at home. As a result, platforms such as YouTube, TikTok, or Instagram have been used extensively, while users have been showcasing their families or new looks. As a mom, you have probably created a new routine and forgot for the moment of dreamy mother-daughter trips and focused on domestic activities while trying to maintain a … [Read more...] about Mothers, Beware: New Social Media Scam Targets Instant Gratification
The Five Things I Learned In My Rookie Year Being A Working Mom
This Fall, I celebrated my first anniversary of returning to work after becoming a first-time mother. Ironically, in the same month, I started a new job. In retrospect, it's not a coincidence. They say the first year is the hardest for significant life changes. It's a period of unknowns, new obstacles, and inevitable mistakes made along the way. And frankly, since I don't … [Read more...] about The Five Things I Learned In My Rookie Year Being A Working Mom