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Money

How to Talk to Your Family About Money
620 words

(StatePoint) Money management is not only a logistical challenge for many families, it can be an emotional one too, especially when it comes to transferring wealth from one generation to the next. Open, honest conversations about your financial values and intentions can cut through some of the stress, and help family members avoid resentment, confusion and even legal strife down the line.

Helping Families Meet Their Children’s Basic Needs
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(StatePoint) Greater income allows parents to better meet children’s basic needs, and financial stability can reduce parental stress. Advocates say that child tax credits (CTCs) provide one avenue for states to increase family resources and are encouraged by progress being made by Washington, D.C. and states around the country.

Debunking Common Myths About Metal Roofs
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(StatePoint) Shopping for a new roof but unsure if metal is the right material for your home? Metal roofing is tougher, safer and longer-lasting than asphalt, with an expected lifespan of more than 50 years. Additionally, metal roof systems offer energy cost savings, withstand extreme weather, and boost resale value.

What Young People Need to Know About Workplace Retirement Savings
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(StatePoint) Workplace retirement savings plans are an excellent way to invest in your future, and the earlier you start, the more opportunity your savings have to grow. Typically automated through payroll deductions, contributions to a plan like a 401(k) or 403(b) are tax-advantaged and easy to make.

Government Spending on Babies is Not Meeting Their Needs, Say Advocates
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(StatePoint) Early experiences during the prenatal period and first three years after birth shape brain development and the development of all other systems in the body — with substantial effects on learning, behavior, and physical and mental health. Unfortunately, there is a great discrepancy between the rising costs of raising young children and the level of federal government investment in them.

4 Smart Tips to Save Money and Stay Well This Season
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(StatePoint) The beginning of the year is a natural time for a reset, especially when it comes to budgets and better-for-you habits. With cold and flu season still in full swing, it’s also a time when many people start thinking about how to stay healthy without spending more than they planned.

Take Extra Measures to Help Prevent Check Fraud
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(StatePoint) The use of checks may be declining, but check crimes are actually on the rise due to new, creative criminal schemes. Once a check is stolen, it can be altered or signed on your behalf to withdraw money from your account, and there are online marketplaces where criminals will sell stolen checks for other criminals to use for fraud.

Outwit Scammers With These Smart Tips
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(StatePoint) Scammers don’t take days off. From phishing emails to package theft, fraudsters and scammers can cost you money. Fortunately, you can stay one step ahead of them with these simple tips to help protect yourself.

The Great Timing Debate: Should I Claim Social Security Early or Late?
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(StatePoint) Retirees become eligible to claim Social Security benefits at age 62, but the timing of when you claim can drastically impact your benefit amount. Still, when to claim will be entirely dependent on your unique situation. As you approach retirement, it’s important to understand the impact that timing has on your benefits.

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