The other problem any time one is trying to figure out how to spend/save/invest is that it seems like a lot of the people giving the advice are also trying to sell you something. So it's nice to stumble upon a blog that appears to be offering objective advice on the subject. Enter the choresandallowances blog. The author is a businessman and entrepreneur who has young kids, and he has great info and discussion about what to consider when choosing a savings vehicle for kids, how to teach them financial responsibility, etc. He is CEO of PAYjr, a company that offers prepaid Visa cards for kids. The blog itself does not seem to push any particular product or solution, which is refreshing. There is also a recent post on banking, discussing how internet banking is affecting the industry, and profiling the peer-to-peer lending site Prosper. This is something Adam and I were just discussing the other day; we are considering moving more of our investments away from a bricks-and-mortar bank.

The author says he's just sharing all the information he's gathered on youth culture and money. I think things are a lot different than they were when I was a kid; kids are being taught to be consumers younger and younger. And while I think teaching them to be savvy about money is smart, it's also smart to have your own strategies for navigating the financial seas as a family. This is a good source of information to help families do that.