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Finance basics : article

Create a household inventory before disaster strikes your home

BLUE SPRINGS, Mo. - The damage from recent flooding reinforces the importance of having an up-to-date household inventory. Imagine trying to compile a detailed list of property for an insurance claim just after a natural disaster.

How to replace lost documents after a disaster or loss

CARTHAGE, Mo. –Replacing important family documents after a tornado or flood can be a time consuming and costly exercise in frustration, according to Janet LaFon, family financial education specialist for University of Missouri Extension.

Spend wisely using the Rule of Three

CARTHAGE, Mo. – Smart consumers know money isn’t earned accidentally, so they don’t spend it carelessly. One useful tool for shrewd shoppers is the Rule of Three.

Teaching your teen financial literacy

BLUE SPRINGS, Mo. - In a recent national survey of high school seniors' knowledge of basic personal finance and economic topics, students could answer only 48 percent of the questions correctly. "Adolescents clearly need a crash course in personal finance to prepare them for the future.
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