Parents: Stop Being So Awkward With Money

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I rarely participate in these comments, but I really have to share my story with 1 company which has tremendously helped me. I just turned 74, many obstacles have come in the way of my retirement including a divorce a few years ago which really hurt me financially, to be honest I had this feeling that my savings and SS income were not going to be enough. Months and months of research and dealing with big banks - nothing but a big headache and they wanted to charge an arm and leg - I was considering a standard home equity loan but then I started reading about reverse mortgages. Long story short, i found this company while searching online - reverse mortgage lenders direct - they were able to automatically compare lenders for me and quote me a fantastic quote. I am not saying you need to do a reverse mortgage (for me this has been excellent and recommendable) but if you do here is their number 877 700 0534 - you can find the site online search for reverse mortgage lenders direct

jonesbob908 of CA 3:11PM May 10, 2012

I rarely participate in these comments, but I really have to share my story with 1 company which has tremendously helped me. I just turned 74, many obstacles have come in the way of my retirement including a divorce a few years ago which really hurt me financially, to be honest I had this feeling that my savings and SS income were not going to be enough. Months and months of research and dealing with big banks - nothing but a big headache and they wanted to charge an arm and leg - I was considering a standard home equity loan but then I started reading about reverse mortgages. Long story short, i found this company while searching online - reverse mortgage lenders direct - they were able to automatically compare lenders for me and quote me a fantastic quote. I am not saying you need to do a reverse mortgage (for me this has been excellent and recommendable) but if you do here is their number 877 700 0534 - you can find the site online search for reverse mortgage lenders direct

jonesbob908 of CA 3:03PM May 10, 2012

Well, for those that want to live within their budget and keep track of their spending there is Purchases Tracker, an iPhone app by Suburbia Apps, is a great way to keep track of spending. A great tool for “Road Warrior" to those on a tight budget. Also, you’ll never a need to look for your receipt again; if you have your iPhone then you have your receipt!

RicBSr of CT 11:43AM May 07, 2012

As the founder of Money Management 4 Kids (moneymanagement4kids.com) I am happy to see that the need to teaching children about money is finally starting to spread.

Children become aware of the role money plays in our society at around the age of 8 and studies have shown that the earlier that they learn proper money skills the better they will perform later in life.

But, it's not just learning about debts and credits which will make a difference, it's about setting healthy relationship skills with and towards money as well.

Adam Shaw of NY 12:16PM April 15, 2012

Excellent post! My wife and I always tell our girls "we can't afford that" whether or not we can. And it's true, we're missing golden opporoutnties to explain tradeoffs and decisions! Sometimes it's just easier to say "we can't afford that" because it ends the conversation and we can move on, but it doesn't really help them. Good point!

TB at BlueCollarWorkman.com of OK 3:38PM April 11, 2012

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