Finance

Smart Money Podcast: 5 Financial Tasks for Fall, and Kid Debit Cards

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Welcome to BaghdadTime’s Sensible Cash podcast, the place we reply your real-world cash questions.

This week’s episode begins with a dialogue about 5 monetary duties to tackle this fall.

Then we pivot to this week’s cash query from Renee, who emailed us their query:

“I’ve seen just a few debit playing cards for teenagers, the place dad and mom can switch allowances and train cash administration.  Do you’ve gotten suggestions for which one to make use of? I’ve a 9-year-old and wish to get her began on cash administration.

Try this episode on any of those platforms:

As we head into the ultimate few months of the 12 months, tackle just a few small duties to be sure to’re in good condition along with your cash. Begin by checking in in your cash objectives for 2021. Then look into your tax withholdings to make sure you’re on monitor to cowl your tax obligations for the 12 months. After that, get ready for the vacation season by purchasing for presents early. To spherical up your to-do record, see should you can prime off your for the 12 months and begin fascinated by your monetary objectives for 2022.

In relation to , know tips on how to use these instruments to show your youngsters about cash administration. These can be utilized to distribute allowances or pay for chores round the home. Many are joint accounts that the dad and mom can management.

To seek out the best child debit card for your loved ones, begin by wanting on the establishments the place you already financial institution. Opening one at your present financial institution or credit score union would be the best approach to get began. There are additionally numerous apps that supply child debit playing cards. Attempt to discover an account that does not have month-to-month charges.

Past child debit playing cards, you possibly can administration by having common conversations with them about your loved ones’s funds. It’s also possible to assist them set up monetary objectives to assist set up good cash habits.

Have a cash query? Textual content or name us at 901-730-6373. Or you possibly can electronic mail us at . To listen to earlier episodes, go to the

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