The gift of education and the cost of funding it

By Neil Rogan (on behalf of Cuffelinks) Benjamin Franklin said that “an investment in knowledge pays the best interest”, but given the rates of interest on offer at the moment and the spiralling costs of education, saving enough to fund your kids’ or grandkids’ education can be a real challenge. Wouldn’t it be great to…

Teenagers and Credit Cards

In Australia, the minimum age for a primary account holder of a credit card is 18 years of age. Depending on the card issuer however, it may be possible for subsidiary cards to be issued to younger teenagers on behalf of the primary account holder. Whilst a large number of card holders are able to…

Teaching the Value of Money

As adults, most of us receive some sort of regular payment be it a salary, pension or another form of benefit and in order for us to ensure that we have enough to live on from one payment to the next, we have to budget. This is an important skill to pass onto children although…

Parents Talking To Their Kids About Their Own Finances

In many homes, the topic of money is a touchy one. It is considered rude – a taboo even – for parents to talk to their children about money. Many parents as a result shy away from addressing the issue of finances in their own homes. What the parents don’t realise is that this can…

The Cheap Sandwich Lesson

When looking for ways to teach money principles to your children, why not start with talking to them about saving money through things they may already be doing? The most common example is taking their lunch to school rather than buying it. People spend a lot of money buying their lunch every day, and I’m…

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