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Kids
Warren Buffett Wants Kids in His Secret Millionaire's Club
Some investment managers bid millions of dollars to have lunch with Warren Buffett, but kids will soon be able to benefit from his expertise for free through a new series of webisodes. The Secret Millionaire's Club is an animated series that features Buffett in cartoon form giving guidance on money matters to a group of kids. Don't expect lectures from the Oracle of Omaha; the interactive story lines are developed to keep kids' attention and inspire them to form healthy habits at a young age.
What Did You Do With the Money From Your Summer Jobs?
Earning a little allowance is nothing compared to the money you make from your first Summer job, no matter how terrible it was. Most of my paychecks went to filling up my gas tank, frozen yogurt, and the big purchase of a laptop I saved up for during the Summer before my freshman year of college.
Where did your cash go — did you spend it on gas, snacks, and new bikinis, or did you save up for something more?
How-To: Determine If You Can Afford a Baby
When other people ask you if you're ready to have kids, they're generally not referring to whether or not you can afford to raise a child. But that's one factor you can't leave out of your decision to start a family. Scroll though the financial factors to consider when determining if you can afford a baby, and remember to call your mom on Mother's Day this Sunday!
I'm Asking: Did Your Parents Have a Career in Mind For You?
Michelle Williams's daughter, Matilda, is only 3 years old, but Michelle already has an idea of what she'd like her adorable daughter to be when she grows up. The actress said she doesn't want to raise Matilda in Los Angeles "for all the obvious reasons. Being an actor's daughter.
Guess How Much: The Cost of a Baby's First Year
Have you heard? Kids are expensive. The Wall Street Journal reports there's could be a shift in women starting to having kids younger than they've trended in the past, but I have a feeling the economy will play a big part in whether this shift sticks.
I'm Asking: Did Your Parents Have a Say in Your College Major?
College is all about independence, at least in terms of making every day choices like going to class, what to eat, and how late to stay out. My parents didn't try and stop me when I declared my major, though I knew other students who weren't given the freedom to choose any major they pleased. CNN Money's article "Your highly educated dishwashers" gives a little perspective into the thought process of parents with college-bound kids, and it got me wondering how many of your majors were influenced by your parents.
How Money Are You: $1,000 US Treasury Department Quiz
The US Treasury Department is getting on the bandwagon of rewarding kids' knowledge with money and is offering the chance at a $1,000 scholarship for teens who can ace a 35-question financial literacy quiz. This is one educational initiative that's taking a step in the right direction and hopefully it's a sign that finance will become more common in classrooms. The Wall Street Journal got its hands on five sample questions from the National Financial Literacy Challenge, and I've reproduced them here for you to test your knowledge — would your score be worthy of $1,000?
Do You Fear Money Will Prevent You From Having Kids?
The economy has forced us to focus more on the present and less on the future; we're more worried about holding on to our jobs than plotting our next promotion. One of the biggest (and most expensive) topics under the future umbrella is starting a family — are you concerned that financial issues will hold you back from having kids?
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Should Parents Bail Out Their Recently Graduated Kids?
Parents of recent college graduates may seem like they are in a better spot than most — they aren't ready to retire and have time to make up for losses in their retirement portfolios, many have made significant headway into their mortgages, and they don't have dependents that need groceries or gas. But the economy isn't letting anyone off easy right now, including this demographic.
According to The Wall Street Journal, many American parents with college-aged kids are battling whether or not they should bail out their offspring.
Teen Girls Want to Be Models, Not Scientists
Just to confirm that teenage girls were mostly uninterested in developing careers in science, the New Outlooks in Science & Engineering group (NOISE) ran a survey asking the 13- to 18-year-old demographic about their ideal careers. Just four percent selected engineer as their career of choice, 14 percent opted for a career in science, and 32 percent have their hopes on a career in modeling.
While these results aren't particularly shocking, it's interesting to note that 35 percent of the girls aren't attracted to careers in science and engineering because they don't know enough about the opportunities in these areas.
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