5
votes
5answers
159 views
Why does gold have value?
I'm curious about why is there so much financial interest and news coverage about gold.
It's hard to do things like buy food or pay the rent with gold, but I can do this with cash …
2
votes
2answers
45 views
Stocks and bonds have yields, but what is a yield?
I often read about yield such as in this article from Kiplinger, but I have not been able to find a good description of what a yield is. What is it, and why would I care as a novic …
4
votes
2answers
77 views
Foreclosure process: What happens when a bank forecloses on a home?
I know it is a long complicated process, but what is the high level overview of what a bank does when it forecloses on a house? Beyond credit getting hurt, what else?
Where does …
4
votes
1answer
53 views
How to Transition From Employee to Employer?
I know Making the transition from employee to employer requires financial stability, a good business plan, self-confidence and a lot of discipline.
But i am looking for some inst …
4
votes
3answers
150 views
Are personal finance / money management classes taught in high school, anywhere?
It sure seems like something that would be a valuable life skill, akin to Home Ec (or even more important!)... Where I'm from (Peel Region in Ontario Canada), it isn't part of the …
6
votes
2answers
60 views
What are the best strategies to give pocket money / allowance to a kid especially if you would like to teach them something through this, e.g. saving money?
What are the best strategies to give pocket money / allowance to a kid especially if you would like to teach them something through this, e.g. saving?
3
votes
4answers
67 views
At what age should I begin discussing money - saving, spending, investing - with my child / children?
In addition, when should I open a savings account at our bank for my kids; and give them accountability over it?
3
votes
5answers
135 views
What are good games to play to teach young children about saving money?
I've heard that giving allowance is one approach to develop an understanding of money management. What other ways are available to teach kids about the benefits of savings?
7
votes
7answers
78 views
What are some good books to teach children to be smart with money?
What are some good books to teach children to be smart with money?
Answer guideline: One book per answer, no duplicates. If your choice is already listed, please up-vote and add …
