Tax season is nearing a close but there are still last minute tips to learn if you haven’t filed. One big question is what to do with your child’s saved and earned income?
Hopefully your child has been saving more lately. Depending on how much, they can be affected by the “Kiddie Tax.” If your child has more than $1000 in unearned income from savings interests, the income may be taxed. The rate depends on how much unearned income the child has. READ MORE
The holiday season is upon us, which can lead to big spending. Don’t worry, here are some tips for kids to help them earn and save money during the busy season. READ MORE
Today is a huge day for Walter the Vault because it’s the launch of our Kickstarter campaign. With your contributions over the next 30 days we’ll be able to finance our first book The Pumpernickels Meet Walter the Vault. READ MORE
Considering today’s difficult economic times, gainful employment, like money, does not grow on trees. Part of teaching children and teenagers about money involves raising awareness on ways they can earn some money: Allowance, babysitting, a family yard sale, or other part-time jobs. READ MORE