Because, as the adage goes, the best time to invest was 10 years ago. The second-best time is right now. That notion is based ...

Instilling money value and culture of saving in children early enough in life is very important for their economic welfare as ...

But what? And is there a rule of thumb for the amount? When a child receives money as a gift, it belongs to them but is managed by their parents. You are now their bookkeeper – and you’ll need to pay ...

For parents who do see a pathway to college in their children’s futures, a college savings plan can be one of the most powerful tools for preparing financially. That’s because with skyrocketing costs, ...

GoHenry is another app made for kids and families, offering a prepaid debit card and app with parental controls. Parents can ...

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Prajakta Koli became emotional as she recalled a moment from her childhood when her parents had to break her piggy bank to manage finances. Reflecting as an adult, she learned about her father's ...

Influencer-turned-actress Prajakta Koli got emotional recalling her tough childhood when her parents had to break her piggy bank as they did not have the money to run the house. Prajakta shared ...