10 Financial Tips for the Kids

We all want our children to be successful and happy. And though being financially fit won’t make anyone happy in and of itself, it can at least take away money stresses and allow the kids to pursue happiness. Just in time for Financial Literacy Month, three journalists from the Wall Street Journal offer 10 great tips in the video below. Get the latest tips on protecting your money and saving for retirement — AARP Money newsletter » Here are the 10 …

How to Dress for a College Tour

Any high-school junior or senior about to accompany her or his mother on a college tour will feel understandably nervous about fitting in. Not about how they’ll fit in — they’re going to be just fine — but how can they keep Mom invisible in the crowd while touring each campus? In other words, how do they put their best foot forward when a parent’s feet are clad in purple Crocs? Having just survived (and actually enjoyed) a college tour …

Are Your Kids Too Old for Gifts?

Between Black Friday and Cyber Monday, it’s impossible to get away from the message that we should be making a list and checking it twice. We wondered if adult children ever age out of the gift list. Not really, according to a very random survey among boomer women, both online and at a local gym. “You’re never too old for gifts from parents,” said a 25-year-old trainer who overheard the discussion. “At least I hope not!” Most moms surveyed, however, …

Banks Ease Terms for Struggling Student Borrowers

Big banks are beginning to cut some slack to distressed student-loan borrowers. Wells Fargo announced a new program this week that will lower the interest rate on loans so payments will be more affordable based on a struggling borrower’s income. The bank will review borrowers’ financial situations to determine whether they qualify for short- or long-term loan modification. >> 8 Hidden College Expenses According to the Wall Street Journal, both borrowers and cosigners will have to show financial hardship to get a modification. Modifications …

Debt for College Hits 70% of Graduates

Most graduates in the Class of 2013 left campus with more than a diploma. Nearly 7 out of 10 also had student loan debt. The average amount: $28,400, up 2 percent from the debt of those who graduated a year earlier. That’s according to a report by the Project on Student Debt at the Institute for College Access & Success, a California-based advocacy group that has been tracking these figures for nine years. >> Hidden College Expenses Education debt is a growing concern …

When Scary Headlines Make You Anxious About Millennial Kids

When our millennial children live in another city or away at school, most of the time “out of sight” means “out of mind.” But breaking news headlines can raise our anxiety levels to high alert, and recently that seems almost a daily occurrence. Example: the disappearance and murder of University of Virginia sophomore Hannah Graham. It attracted national media attention during the last few weeks, and no wonder: Many parents immediately related to the story. Grown & Flown blogger Mary …