Children

Resource Center > Children

04/04/2016

Teaching Children the Value of Entrepreneurship, Part 2

Posted by: Irvin G. Schorsch III

As we discussed in my last post, kids can learn many valuable life lessons from their entrepreneurial activities. One PCM colleague -- a national broadcast entrepreneur...

03/29/2016

Teaching Children the Value of Entrepreneurship, Part 1

Posted by: Irvin G. Schorsch III

Skeptics might say we’re pushing kids into adulthood way too early, but it’s hard to argue with the life skills they can acquire through early entrepreneurship...

08/07/2015

Surviving the Age of Boomerang Children

Posted by: Irvin G. Schorsch III

With the economic troubles and the skyrocketing cost of college loans, many parents are finding themselves stuck in the predicament of adult children returning to live at home. This trend has become what’s known as “boomerang children” – ones who leave home to attend college or live on their own, but later are forced to return to the comforts of their parents’ home. Having increased so much in recent years, there was even a popular movie starring Matthew McConaughey who returned to home at the age of 35. It is reported that over a third of adult children under the age of 34 are living with their parents.

07/09/2015

Financial Rx For Your Children

Posted by: Irvin G. Schorsch III

The value of a dollar may be the most important lesson we can teach our children. According to the Journal of Consumer Affairs, nearly 3 out of 4 Americans between the ages of...

05/14/2015

The Parent’s National Bank

Posted by: Irvin G. Schorsch III

There are hundreds of books about the “how-to’s” of expecting a child. Step by step guides are available for before you’re pregnant, while you’re pregnant, and when your child turns 2 years old. However, the one that is missing from the bookshelf is what to do about financial support once your children are all grown up

04/13/2013

Life After College

Posted by: Irvin G. Schorsch III

What do young adults need after graduating college? A steady, well-paying job would be nice — but as we all know, such entry-level positions have been few and far between these past few years. With companies increasingly relying on interns, independent contractors or outsourced labor, getting one’s proverbial foot in the door has never been more difficult.

02/13/2012

Fiscally Responsible Gifts That Truly Last a Lifetime

Posted by: Irvin G. Schorsch III

Are there truly gifts that last a lifetime? No matter what the state of the economy, nearly all of us wonder what will make for the best gifts this holiday season. iPads for kids? Gift certificates for mom and dad? These are all well and good — but what about giving a gift that provides genuine value beyond the latest trends? Is it possible to indulge in a bit of retail therapy while still making your purchases count?

09/06/2011

How Not to Become the Financial Caregiver Once Kids Grow Up

Posted by: Irvin G. Schorsch III

You may have known what to expect when you were expecting, what to expect during the toddler years and how to talk so kids will listen and listen so kids will talk. But parenting experts never addressed what to do when your adult child asks you for financial help. It’s an unfortunate trend, but according to the National Endowment for Financial Education, nearly 60 percent of parents provide financial support to their adult children