Co-signing a car loan may be okay if you think your child is trustworthy and that's the only way they can get a loan. But if it's something they really can't afford, maybe they need to reconsider what they're purchasing. |
It's only in the 'fair' range probably because of real estate appreciation and stock market gains. It's definitely being dragged down by poor savings behavior. |
San Diego is ranked below average in every category. |
The key is that people need to be saving in other ways, using investment vehicles, stocks, bonds, and not rely so heavily on their homes as a means of building wealth. |
The tax code is just as complex as last year, if not a bit more so. |
You want to be doing things that educate them and help them understand their actions have consequences. |