![]() The price of earning a college degree has increased dramatically over the past decade. The amount of student loans now surpasses credit card debt in the U.S., having reached more than $1 trillion in 2013. Furthermore, for students and their parents, the complicated logistics of financing college can be overwhelming. Below are tips to consider when navigating the maze of financial options. ![]() Research shows that only one-third of parents discuss financial issues with their children, and only one out of seven parents believes their children have a solid understanding of financial matters. In addition, the majority of children determine their attitudes about money by the time they finish fifth grade. As a result, many states are beginning to emphasize the need for personal finance education for children. Below are ten personal finance principles that every child should know. |
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