Utah Money Moms
  • HOME
  • RESOURCES
  • About
  • Contact
  • Online Course

How do YOU Measure up as your Child’s Finance Teacher?

8/18/2022

0 Comments

 
Alicia Nelson-Bell, HCHC
Empowering Financial Wellness Program Coordinator
Picture
It can be hard to feel like you are doing “enough” to teach your kids especially when it comes to money. In a T. Rowe Price survey, almost 60% of parents said they were having money conversations with their kids once a month or less. These same parents also ranked money as being one of the top 5 most uncomfortable topics to talk about with their kids. Further, only 26% of parents surveyed felt schools were doing a good job teaching kids about money. And opinions and perspectives about money from the media are all over the place so it’s really up to you to proactively teach your children positive money management skills.

Where do you start to teach your kids the financial principles that will stick with them through the rest of their lives? We have a couple of free resources! Read on!

Read More
0 Comments

May hosts National 5.29 Day!

5/10/2022

0 Comments

 
Picture
May marks the beginning of warmer weather, summer barbecues and celebrations recognizing the end of another school year. As you enjoy this month, join my529 in celebrating National 5.29 Day by taking advantage of a special offer. my529, Utah’s educational savings plan, has been helping families save for education for more than 25 years, and we take part in National 5.29 Day by making it easier for you to invest in the future.
 
A special offer
We are celebrating 5.29 Day for the entire month. Open a new my529 account between May 1 and May 31, 2022, and you could be eligible to receive up to $40 contributed to your account. Find more details and information about this offer at my529.org/529-day.
 
Scholarship opportunity
In addition to National 5.29 Day, my529 and the Utah State Library are once again partnering this year to offer the Book Your Summer reading award. Book Your Summer is an opportunity to get your children reading all summer while entering your name in a random drawing for one of four $1,000 my529 college savings scholarship accounts.

Read More
0 Comments

Reimagining Finances With Dr. Seuss

3/18/2022

0 Comments

 
Andrea Schmutz, USU Extension Faculty
Picture
Last year, in a post titled “Dr. Seuss and his Delightful Discourses,” I encouraged readers to use Dr. Seuss books as thought provoking motivators or reminders in their efforts to apply financial best practices throughout 2021. To celebrate Dr. Seuss’s birthday this month, I’ve expounded on a few more of my favorite whimsical, entertaining stories and their relationships to our personal paths to financial wellness.
 
Dr. Seuss had a gift: he reimagined everyday experiences - like reading, going to sleep, and doing chores - to make them extraordinary. In honor of the good doctor’s birthday, let’s use his writings to help reimagine the everyday world of finance and infuse a much avoided topic with fun reminders and clever connections.

Read More
0 Comments

3 Reasons Teens Should File a Tax Return

3/2/2022

0 Comments

 
Amanda H. Christensen, AFC, Extension Associate Professor
​Utah Money Moms Editor
Picture
Picture
Is it really worth the hassle to sit down with your teen and fill out a 1040 Form in addition to worrying about your own taxes this time of year? Y.E.S. Today I'm sharing three reasons why the benefits of teenagers filing a tax return for their seasonal income working summer or holiday jobs is well worth the minimal hassle. Here's some need-to-know personal finance knowledge if you're the parent of a teen. 

When do Teens Have to File a Return? Americans are legally required to file a federal return when they make at least the standard deduction for the 2021 tax year which is $12,550.  Earn less than that, as many teenagers do, and you don’t have to file. 
  • ONE EXCEPTION: A dependent child would need to file if they made more than $1,100 in unearned income, typically from interest or investments. Here's a real-life scenario: A teen who earned a wage by teaching swimming lessons or working as an ice-cream scooper  and made less than the standard deduction isn’t legally required to file a federal return. A kid who has done well in cryptocurrency or stock trading may need to file. ​


Read More
0 Comments

How Can You Save for College Expenses?

9/24/2021

0 Comments

 
Vincenza Vicari-Bentley, AFC
Picture
Picture
​You may have a lot of financial goals that could include paying off debt, saving for emergencies, buying a home and investing for retirement. How is it possible to also save for our kid’s college? My parents didn’t save any money for me to go to college and I ended up with a lot of student debt.  In this post, I’ll discuss ways you can save with the ultimate goal being to minimize student loan debt. 


Read More
0 Comments
<<Previous

    TAKE A FREE CLASS!

    Sign Up

    Host a Class

    Click Here!

    Picture

    amanda

    Sharing real-life money smarts to help you stay on track with financial goals while still enjoying life!
    Blog editor,  Accredited Financial Counselor &
    Extension Professor
    Utah State University 


    Follow the fun on Instagram


    AS SEEN ON

    Picture

    awards

    Picture
    Best of State 2022: Personal Finance Education
    Picture
    1st Place National Award in Social Media Education from the National Extension Association of Family and Consumer Sciences
    Picture
    Gold Award in Blog Site category at the 7th a​nnual Education Digital Marketing Awards.
    Picture
    Platinum Award in Digital Media, Web Design category at the International Marketing and Communication Awards.

      stay updated!

    Subscribe

    Picture

    Categories

    All
    2020 Census
    Allowance
    America Saves Week
    Book Review
    Budgeting
    Car Insurance
    Charity Fraud
    College
    Consumer Protection
    Couples And Money
    COVID 19
    COVID-19
    Credit
    Credit Cards
    Data Breach
    Debt
    Earth Day
    Education Expense Planning
    Emergency Savings
    Entrepreneurship
    Estate Planning
    Events
    Financial Binder
    Financial Education
    Financial Emergency Prep
    Financial Freedom
    Financial Goals
    Financial Health
    Financial Literacy Month
    Financial Paperwork
    Financial Peer Pressure
    Financial Security
    Financial Vision Board
    Flexible Spending Account
    Food Budget
    Gift Giving
    Holiday
    Holiday Budgeting
    Home Maintenance
    Homeownership
    Identity Theft
    Inexpensive Fun
    Inflation
    Insurance
    Investing
    Kids And Money
    Money Mindfulness
    Money Monday
    Money Personality
    Money Tip
    Mortgage
    Mutual Funds
    My529
    Net Worth
    Panic Buying
    Personal Allowance
    Personal Property Inventory
    PowerPay
    Renting
    Retirement
    Review
    Revolving Savings
    Roth IRA
    Saving
    Scams
    Singles And Money
    Spending
    Student Loans
    Taxes
    Tax Freedom Day
    Teens And Money
    Tracking Spending
    Travel
    Unemployment
    Utah Saves Week
    Vacation
    Women And Money

OTHER RESOURCES

finance.usu.edu
livewellutah.org
extension.usu.edu
powerpay.org

    STAY UPDATED!

Subscribe

FOLLOW US

  • HOME
  • RESOURCES
  • About
  • Contact
  • Online Course