Often money is seen as the “be-all, end-all” solution to our problems. But here’s the thing – you also need to understand the language of money basics to have the freedom to make choices. And money well-managed is at your service and ready to be at least some of the solution to the challenges and opportunities life throws your way.  Here are some tips that have helped me along the way.

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To spend or not to spend this holiday season. It’s not really a question of what to spend or not to spend this holiday though, is it?  It’s more a question of what and how much we will spend – and why.  In addition to all the gift-giving, the holidays also give us a chance to stop, think and reflect (my favorite three words) about our life and those in our life.

Experience as a holiday present

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Here is the last (but not the least) in my series of key money phrases you should teach your children:

4.  I’m sorry

Finances are the most likely point of contention in marriages. When my husband and I got married, we established a money rule: Each of us would have independent authority over transactions up to $100; after that we had to discuss the proposed transaction.  That was 26 years ago.  Today, the total for independent expenditures is $1,000.  This rule tended to keep a lot of the potential resentment over money at bay.

But, everybody makes mistakes, and so did we.

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