Passing on Money Values

Recently while my husband and I were watching one of our favorite TV series, this text came in from one of the boys:

“Hey Pa, just want to thank you for being a good role model, specifically, with your money values. You showed us the balance of enjoying the good things in life at the right time and in the right amount. It stems back from you buying Mama’s engagement ring despite it being less than 1 carat…

Why do higher interest rates bring down bond prices? (Explain to me as if I were a 7-year old Series #1)

One of the things that I developed when I became a full-time mom was to simplify abstract concepts. I would read books on Finance and life philosophies, then over dinner with my sons I would talk bits and pieces of the nuggets of wisdom I get from them in easy to understand language. In retrospect, I wasn’t only doing it for them…