This is part four of an ongoing series we’ve launched on the Insider blog on “Kids and Money.” As you prepare to send your child off to college, you should also be thinking about how to foster in them the skills necessary to build financial independence. In this series, we’re discussing how students can earn, spend, save, borrow, and protect their money in a way that aligns with personal and family values. Type “Kids and Money” into our Search Box to find all installments of the series.

Ever feel like you are becoming a mobile cash machine for your children? Until now in our Kids and Money series, I’ve been talking about helping your kids dream and set SMAAHT financial goals; well, now it’s your turn to dream of what life could look like by helping your kids manage their own money (and leave yours alone!).

Michelle Jones, founder of Wayfinding Academy, joins this week’s show to offer her thoughts on how Wayfinding is approaching college from a different perspective. We’ll also discuss this year’s changes to the Common App and talk about how you can prepare your college bound student for the financial challenges ahead.

This is part three of an ongoing series we’ve launched on the Insider blog on “Kids and Money.” As you prepare to send your child off to college, you should also be thinking about how to foster in them the skills necessary to build financial independence. In this series, we’re discussing how students can earn, spend, save, borrow, and protect their money in a way that aligns with personal and family values. Type “Kids and Money” into our Search Box to find all installments of the series.

As summer jobs come to an end and the new school year quickly approaches, now is the perfect time to be planning with your kids on how to divvy up any leftover summer job earnings.

This is part two of an ongoing series we’ve launched on the Insider blog on “Kids and Money.” As you prepare to send your child off to college, you should also be thinking about how to foster in them the skills necessary to build financial independence. In this series, we’re discussing how students can earn, spend, save, borrow, and protect their money in a way that aligns with personal and family values. Type “Kids and Money” into our Search Box to find all installments of the series.

As parents, we understand the importance of literacy, and we encourage our children to be readers. Just as we introduce books early on, there is a great benefit to starting financial literacy conversations early in your child’s life. Although there are many ways of approaching financial literacy education, this article will highlight four basic steps to take to teach your kids how to manage money. The importance of parental influence and the value of ongoing and age-appropriate conversations cannot be understated.