No matter how well you manage your money, you want your kids to grow up making all the right financial decisions. But if they see you overspending, they might adopt your poor money habits without you realizing it. Some parenting fails teach children about money — in a bad way. Rather than your kids learning from your mistakes, they might be destined to make the same ones you're making right now. Here are some parenting fails to avoid when teaching your kids about money.
Two of every three homes are underinsured by an average of 22 percent, according to Nationwide. With the median U.S. home price at $196,500, a total loss of a home would require the owner to pay about $43,000 out of their pocket. That’s a lot of cash to come up with if your home is destroyed in a fire or other disaster. Mortgage lenders require home insurance for at least the cost of the home. Without it, homebuyers won’t be able to get a home loan or mortgage rates for a loan.
Truck drivers who might have sleep apnea can expect more screening for the medical condition from trucking companies. That’s the result of an April U.S. Supreme Court decision not to hear a case from a driver who claimed a carrier violated his rights by requiring him to be tested.