Education & Finance

Image of Back to School Desk and Chalkboard

Maya Angelou once said “When you know better, you do better.” Education is a very powerful thing.

If you’re looking for info on education as it relates to finance or the financial aspects of education, then you’re in the right place.

Topics of interest include financial education per se as well as things like funding our schools, the value of public vs. private education, paying for college (e.g., scholarships and 529 plans), and more. If it’s education-related, it’ll be here.

I’ve long been a fan of the writings of Bill Bernstein. In fact, “The Four Pillars of Investing” stands as (probably) the best investing book that I’ve ever read. It’s both informative and accessible. I recommend it to all. I was thus intrigued when I saw that Bernstein had published […]

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Last week’s posts about coins (both silver and copper) were inspired by me sitting down with our boys to pay their monthly allowance. With that as a backdrop, I thought it would be worth spending a bit of time talking about the ins and out of our allowance system. For […]

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Should You Pay for Your Kid's College?

by Michael on Jan 18, 2013

If you want your kids to succeed in college, you might want to help them pay for it so they can focus on studying instead of working. Right? Well… According to a recent study that looked at the impact of parental investment on GPA and timely degree completion, it’s not […]

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Education and Unemployment

by Michael on Jan 7, 2013 · 1 comment

While reading the latest unemployment report from the Bureau of Labor Statistics (BLS), I was struck by the apparent relationship between education and unemployment rates. At tail end of 2012, the overall unemployment rate stood at 7.8%, but it actually varied quite widely across educational levels. What follows are the […]

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A few weeks ago, my 10 year old son told me that they’d started playing the stock market game at school. Since there’s so little in the way of financial education in this country, that sounds like a great idea. Right? Wrong. At least in my opinion. As far as […]

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Teaching Teens About Money

by Michael on Sep 13, 2012 · 2 comments

Now that our oldest son is a freshman in high school, I’m anxious to start teaching him more about money management, especially as it relates to investing. In fact, I would’ve been happy to start teaching him these things much sooner but he hasn’t really seemed ready and I haven’t […]

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Over the past year, my wife has started substitute teaching. Now that our youngest is well on his way in elementary school, she has time to spare. Not only that, but she’s been spending a lot of time volunteering at the school so she might as well get paid for […]

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