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Family and Life

The Cost of Summer Camp

by Luke Landes

While growing up, my brother and I both benefited from experiences at summer camp, both day camps and sleep-away camps, at various points in our childhood. My memories from summer camp have stayed with me, and the experiences have shaped who I am. I first heard Pink Floyd at summer camp, from a counselor playing […]

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Should Couples Get a Prenup?

by Luke Landes
Kim Kardashian

Prenuptial agreements are on the rise, as more individuals are concerned about losing their assets in the wake of the recession. Prenups, when handled correctly, can protect an individual’s assets in the increasingly likely event of divorce. Without a prenup explicitly defining how assets should be divvied up, if a divorce occurs, any income earned […]

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Paying Children for Good Grades

by Luke Landes

I always encourage parents to find interesting ways to teach their children about responsible money management. When I do, I always lean toward behavior modeling. Children who, even at an early age, see their parents engaging in a positive relationship with money will subconsciously take what they observe to heart more than any explicit lessons […]

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Your Earliest Money Memory ($50 Giveaway)

by Luke Landes

Today is the first day of Giveaway May at Consumerism Commentary. Every weekday this month, I will be giving away a prize to a Consumerism Commentary reader. Keep reading this article to find out how you can win a $50 gift card from Amazon.com. Yesterday, Kate Levinson appeared as a guest on the Consumerism Commentary […]

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How to Financially Succeed as a Couple

by Elle

This is a guest article by Elle, the author of the blog Couple Money. Handling personal finances can be an intriguing, challenging, and rewarding process. Being married and handling finances can double those effects. My husband and I have learned through the years that working together can be powerfully effective and motivating. While every couple […]

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Change of Plans

by Smithee

This post is by staff writer Smithee, who may just be the financial opposite of Flexo. You’re going to think I’m crazy. At the very least, you’re going to think I haven’t learned how to live a financially responsible life. I’ve written here many times about my struggles with just making ends meet, and for […]

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When Can You Lie About Money to Your Spouse?

by Luke Landes
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The National Endowment for Financial Education (NEFE) has concluded through conducting an online poll that 31 percent of people who combine finances with their spouse or partner have been deceptive about money with the individuals who trust them. Some lies are more hurtful than other lies, so the study looks at the type of financial […]

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Should You and Your Spouse Combine Money?

by Luke Landes
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In American society in the past, when it was more common for a family to have one income, that income might have covered the family’s expenses that correspond to the expenses that two incomes pay for now. That family, if typical, often consisted of a father, a mother, and two children. The one income was […]

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6 Money and Life Lessons From the Chilean Miners

by Luke Landes

The world cheered as the thirty-three miners trapped a half-mile underground in Chile for more than two months were pulled aboveground to safety. The rescue mission was a fantastic success. Aside from the miners, no one can be happier for their survival of the ordeal than their families. Mining is a risky profession even when […]

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When She No Longer Supports You

by Financial Samurai

This is a guest article by Sam, the author of the blog Financial Samurai and the founder of the Yakezie Challenge and Network. He writes a column for Consumerism Commentary every other Tuesday. Patrick is one of the most ambitious people you’ll ever meet. After graduating summa cum laude, Patrick joined Morgan Stanley and made […]

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