School may be out for summer, yet you can still find the time to teach your kids about money — and it doesn't have to be boring.
"Some parents think they need to have the 'money talk,' but it's actually easier and more fun to do it within the context of when you are doing something," said Nan Morrison , president and CEO of the Council for Economic Education (CEE).
That can be something as simple as giving kids a set amount of money to buy flowers at the nursery during a shopping trip, explained Morrison, a member of the CNBC Invest in You Financial Wellness Council .
Check out this next:
Millennials want to help Gen Z avoid their own future money regrets
Money regrets have a particularly sharp tang, though. It's difficult not to look back and calculate just what that past misstep is costing you now.
More from Invest in You:
Not a saver? Learn these skills and end your year with a nice stash
Robo advisor and online broker apps make it easier to crack investing
That FTW you do all the right things except this one crucial one
"I wasted so much money doing frivolous things," said Alainta Alcin, 30, a contract negotiator in West Palm Beach, Florida.
Residents to find out Tuesday if they'll receive money from Harris County COVID-19 relief
The Harris County Commissioners Court approved a $30 million COVID-19 relief fund to help struggling residents.
Who Says Emerging Economies Shouldn't Print Money? - WSJ
Activist central banks aren't just a rich-nation story anymore. Emerging markets are reclaiming their right to play with money too—and it is probably a good thing.
Quite a lot has been going on:
Proposals for a Second Stimulus Check Provide Money to More Americans, But Some Are Still Left
However, while the HEROES Act broadened eligibility for the second COVID-19 payment, it still leaves out millions of Americans. Here's what you need to know about who is included and who won't see more money the second time around.
* * *
The HEROES Act would make stimulus money available to millions of people who were left out of the first payment. Those who would get money the second time around who didn't benefit from the first check include:
Demand for oil is dry, but this bill may keep money going to energy companies | WWLP
WASHINGTON D.C. (Nexstar) — Texas and Oklahoma Republican Senators John Cornyn and Jim Inhofe are trying to shore up the oil industry and oil jobs in their states.
As the pandemic has all but dried-up demand for oil, the senators have introduced a bill that would keep the money flowing to energy companies and keep oil and gas workers on the payroll.
* * *
Cornyn says all that oil is good for jobs, but when oil prices plummet it means "a lot of people are getting laid off jobs."
4 safe ways to beat those sinking money market fund yields - MarketWatch
It's possible to squeeze more yield out of the cash you are keeping on the sidelines. That's important, because long gone are the days when you could earn even one percent from a money-market fund. In fact, yields consistently have been below 0.5% for the past decade; nowadays the average national money market fund yield is just 0.09%.
Yields are so low that mutual fund giant Fidelity Investments in March decided to close three of its money market funds to new investors (though it recently announced that it will reopen them in the future depending on market conditions such as rising rates).
Coronavirus Cash: 13 Ways to Tap Your Money If You Need It | Smart Change: Personal Finance |
With the number of COVID-19 cases trending upward, worries are returning that we'll still be wrestling with the coronavirus pandemic for quite some time to come. Unfortunately, that translates to not only continued health worries, but also to extended concerns about how secure our economic futures are as well.
* * *
CDs, most bonds, and some preferred stocks have maturity dates, by which the issuers convert the investments into cash. In addition, bonds and preferred stocks often are callable , which means the issuer can covert the investments into cash before that maturity date if circumstances warrant. In ordinary circumstances, it might be tempting to reinvest the money from those maturing or called investments. When money is tight, that cash can instead be spent to cover more immediate needs.
No comments:
Post a Comment