Teaching kids the value of money can feel like an overwhelming challenge for parents. We may struggle with our own finances or have trouble knowing how or when to talk about such a taboo topic with our kids. T. Rowe Price’s 2015 Parents, Kids & Money Survey revealed that parents’ behaviors are often at odds […]
Teaching kids to be responsible with money and teaching them how to be fiscally responsible is a huge challenge. From the moment they are able to ask for things there are opportunities to teach kids about how to manage their money. It doesn’t matter if they’re 3 or 13 there’s always more to discuss. As […]
Do you love to read as much as I do? Starting now (as in today!) I’ll be sharing a new book each week. I often have requests from authors and their publishing houses to share and review books. If I said ‘yes’ to them all I’d be drowning in books! Instead I’ll be sharing info […]
I have noticed somewhat of a disturbing epidemic going on in my hometown lately. No, it’s not a medical disease or plague, but it is something that I am very concerned about, and it seems to be affecting many more children today than it did in the not-so-distant past. Children seem to know nothing about […]
My kids have been saving money for months. A portion of their allowance goes to long-term savings, a portion goes to giving, and a bunch goes to saving for our upcoming vacation. We do the accounting online, so they rarely touch a dollar bill. For our kids this works, since otherwise the cash ends up […]
One of my most popular posts of all time is Kids and Allowance. As parents we don’t just struggle to manage our own finances, but we want to teach our kids smart money saving strategies. We want them to grow up and learn how to manage money without making the stupid mistakes we made or […]
“Can I have that, please???â€
As a parent, how often have we heard that familiar phrase? If you don’t have kids, I’m sure you remember a time you berated your parents for a prized possession. What’s a parent to do? Give them an allowance, of course!