Q: Can you recommend any apps or software products or web services to help better manage my family finances?
A: If you're looking for a money management tool that goes above and beyond the regular check registry you'll see with your online banking, The Mint is a reliable, secure and easy (free!) service that pulls financial information from various locations so you can get a better 'big picture' view of how your home is being budgeted.
However, the overall financial health of your family also has to include a little preventative medicine: Education for the kids. For that, FamZoo is a great tool to help your kids get their training wheels in the financial world with you acting as the banker. Kids will get to practice their online relationship with money before the consequences can make a ding on their credit report.
Additional resources for managing family finances:
- Tips for Creating a Family Budget
- M Is for Money Management
- Boosting Your Child's 'MQ': Talking to Kids About Money
- Money Matters: Reducing Financial Conflict for Parents
Have questions about family finances? Email them to editor@parentmap.com and Verity will address them in upcoming columns.
