Last Sunday was Father’s Day in some parts of the world. The guys at MoneySupermarket.com were chatting about this in the office the other day, when a bit an argument broke out over just how much our dads do at home, and just what they’re worth (in purely monetary terms).
They asked their life insurance guys to look into this, and they used some data sourced by their partners at Legal and General to produce an infographic containing this data – and it turns out that dads do about £24k ($37,150 AUD) worth of household work a year, as well as their day jobs!
Read on to see the graphic…
As parents we hardly have the time to raise our kids and keep the house clean. So spending time looking into which online movie rental service is the best, is it worth getting a subscription music service or just buy…
Parents of Primary School aged kids will get $410 per child. If your kids are in High School, you will get $820 per child. Aparently this is because not enough people we taking advantage of the previous education rebates which…
Last night on the Angela’s Business Mix show on Eagle Waves Radio, Peter Black (of Peter Black Coaching) gave some great advice about dealing with your adult children and older teens. Some topics covered were preparing your kids for financial…
It’s a problem that our parents never had. When I was growing up only “Yuppies” and Real Estate Agents had mobile phones, and they were “Car Phones”.
When I first started dating my wife (at the tender age of 18) and I wanted to talk to her on the phone, I had to call the house. Every time her mother would answer the phone, a daunting prospect the first couple of times. Then almost every call there would be the wind-up from the parents saying that we were tying up the line and that someone else might be wanting to call (usually other sister’s boyfriends).
These days it seems that most teenagers in the western world have a mobile phone of their own. And most, if not all, parents face the pressure from their child (often from a very early stage) to by one for them. So when is the appropriate time to buy a mobile phone for your child? Is there an appropriate time? Or should you wait until they get a job and can afford it themselves?
At some point you will want to open a bank account for your kids. Whether it’s a place to put their pocket money because you don’t use much cash yourself, or they have a paper route that they are using to save for something special.
All of the big banks have special kids accounts that have reduced or no fees and high interest savings accounts especially designed for kids. Most of these accounts require a parent/guardian to operate the account on behalf of the child.
Here are the current high interest offerings from the major Australian banks