Public School Is Not A Free Ride

By: Genna Jenkin The Your Smart Money Moves Mom Request a FREE consultation: www.oxygenfinancial.net Barely a week into our back to school routine and I’m already aware of some very disconcerting patterns forming.  The kids’ interest in helping get their lunches together is waning, bedtimes are not being adhered to and I’ve badgered them all about their homework more times than I’d like to count.  However, the most troublesome of all, is that every evening I find myself with my checkbook “paying” for my children’s public school education. Now don’t get me wrong, I understand that public education in this country can tend to get the proverbial short end of the stick, so I am well aware for the need to ask parents for some financial assistance.  It’s the changes I’ve seen since I enrolled my oldest in kindergarten (12 years ago) that concern me.  I’m sure that everyone with school age children can identify with the lengthy and detailed list of school supplies that every child is responsible to…

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…

5 Ways To Cut Down Your Cell Phone Bill

Many of the clients I sit down with tell me how their basic bills continue to rise year over year.   Two of the main monthly costs that keep going up and up for many families …

Top 10 Unusual Scholarships

It’s that time of year where parents and students alike are searching for the millions of dollars of potential scholarships, grants, and financial aid that can be found to hedge against the cost of the …

The Words We Don’t Want To Hear: “You May Need To Save More”

I really think over the next five years the whole notion of retirement planning is going to change.   The X and Y generation don’t think about retirement the way their parents or grandparents did.   Since …

Your Kid Has An I-Phone. . Who Pays The Data Plan?

I’m pretty sure Apple can’t be hurting even though Steve Jobs is not at the helm anymore.   My kid’s went back to school last week and mentioned to meet the glut of Apple products that …

Life Insurance For My Children?

Someone asked me the other day, “Ted, is it morbid to ask you whether I should buy life insurance on my children?”   It was an interesting question, and one we often get from …