MindBodyGreen recently explored how to introduce kids to the basics of money in practical, everyday ways. In the article, Shaun Tarzy, managing partner at Wealthcare Financial, emphasizes the importance of using real-life experiences to help children understand financial concepts. His advice? Make lessons relatable and consistent to help young people build strong money habits that carry into adulthood.
Estate planning can be an emotional process. After all, it’s difficult to think about things like who will raise your children, or which loved one will best manage your financial assets. Estate planning is necessary, however, because without a will, your estate may end up in court. This means it could be divvied up based on a judge’s ruling, rather than on your personal wishes.
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