Supporting fundraisers is a great way teach your children the concepts of charity and volunteerism. It is also an important way of reinforcing money lessons in the real world that will last a lifetime.
The best advice I can share with other moms is this: Don't give in to guilt. Your kids won't love you less because you refused to buy them the latest video game. If anything, they'll love you more when they see you as the strong and financially capable woman who keeps a roof over their heads.
For most kids, the start of the school year is still weeks away. But whether they're enrolled in camp or you're heading to the town pool to beat the heat, filling those long summer days with activities can easily add up.
For the 45 million children ages 6 through 16 currently participating in youth sports, many parents are having to reach deep into their pockets to cover the rising costs of equipment and sports-related activities.
It's no surprise that the overall cost of raising kids is skyrocketing. The cost of raising a child from birth to 17 rose 25% from 2000 to 2010. We spoke with parents around the country to find out which costs have surprised them most.
Unexpected expenses are almost a guaranteed way to make sure that a person or family breaks their budget. There are ways to make sure that things such as a higher tax bill, car repair, or unexpected trip do not ruin you or your family financially.
If you want to be serious about being fiscally responsible then you can't have some sort of double standard where you hold the line on new spending but ignore the fact that tax cuts add to the deficit.