Money Management Articles

Kids & Money

MNCPA issues list of strange and unusual tax deductions - 2/17/2014
The Minnesota Society of Certified Public Accountants (MNCPA) recently conducted its annual CPA member survey about the most strange and unusual tax deductions proposed by clients. Responses included everything from pets and wedding rings to gifts not given.

Five smart financial tips for young people - 10/3/2013
A whopping 70 percent of college students will graduate with student loan debt, which averages about $25,200, according to a recent Fidelity Investments survey.

College budgeting 101: How to make sure spending money lasts through the school year - 8/18/2013
College students are heading back to campus, their bank accounts replenished with summer job money and possibly student loan funds. Will it be enough to last all year? There are ways to improve the odds.

Don't be swamped by student loan debt! - 7/31/2013
As students prepare to head back to the books, college planning is on the minds of many families.

Six ways to teach kids about sensible spending - 11/1/2012
Even young children are able to understand what it means to build — or save — toward a goal, such as a toy or trip to an amusement park. Parents can help by encouraging their children to set aside money they receive for birthdays or holidays to save up for a special purchase. Older children can save money earned from afterschool or weekend jobs, and parents can give younger kids small jobs to help them earn money.

Have you had the (financial) talk with your kids? Back-to-school is a great time to reinforce smart money habits - 9/1/2012
It’s back-to-school time. This year, the Minnesota Society of CPAs (MNCPA) suggests you start a new back-to-school tradition. Take the opportunity to talk to your kids about important financial matters and embrace this teachable moment before you hand your kids back over to the teachers for the next nine months.  

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