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Summer Camps Mean Money Blues For Mom and Dad

The school year is rapidly approaching graduation season, which means for most parents’ the question of what to do with the kids for summer is looming in front of you.   Summer camps leave kids with memories of sleeping in bunk beds, learning to ride a horse, swing a tennis racket, or the time that their traveling baseball team won the state championship.     For parent’s today the cost of many full time day camps can cost $300 to $500 a week.    Sleep away camps can cost $10,000 or more.   Weekly specialty camps for sports like tennis, swimming, or golf can be extremely costly as well.    For many families, camp is not always a budgeting item that parents’ put as a line item in the beginning of the year.   Camps can often cause a dent in a parents’ cash reserve that they have to make up in the fall just in time to spend money for the holiday season.  What are some ways you can get through the summer season without breaking…

What Do I Give For A Graduation Gift?

Graduation season is right around the corner. Whether you have a child graduating college, high, middle, or elementary school, it’s always challenging to figure out what the right gift should be. Over the next several years, I’ll have at least one of my kids graduating some level of school. This year, my son is graduating 5th grade, then next year my middle daughter will graduate 8th grade, and the year after that my oldest will be graduating high school. If you are a parent, you may debate about whether to do a party, give a gift, or perhaps some combination of both. Here are Your Smart Money Moves for budget-friendly graduation gifts. First of all, let’s make sure you don’t get too carried away when your child graduates elementary school and completes 5th grade. Remember, you’ll have an eighth grade graduation coming up soon with high school quickly following. At this graduation level, here are three simple ideas on what you can do for your child. Cell Phone – In…