Parents and caregivers may wonder when to start teaching young kids about money. Although there is no “right” time, starting early makes the most sense! Even at two or three years of age, children can start learning about money through their everyday family activities. Going to the store and talking about buying groceries, toys, and […]
allowance
An Allowance System that Works [Greenlight Review]
Have you wanted to set up an allowance system for your kids but struggle with consistency? It’s so easy to forget to take out cash or to miss a weekly allowance. Or even mix up those money jars. Cash allowances can also be problematic when you’re at the store, and your kids want to buy […]
What Money Games and Activities Are Best for Teens?
When it comes to teaching kids about money, we know starting early is a smart decision! There are terrific resources to help young children learn their first financial lessons. But what can we use to teach older kids and teens about money? Improving teens’ financial literacy is incredibly important. A 2017 study released by the […]
How Can I Teach My Kids About Money?
We all want to raise kids who are happy, well adjusted, and, let’s face it – financially successful. But if you haven’t got your own financial life sorted out just yet, how do you make sure to teach kids smart money habits? T. Rowe Price, the popular investment firm, surveyed over 1,000 parents and adults […]
Have Questions About Your Kids and Money? Start Here
As a parent, you have plenty of questions about your kids. And you work hard to get answers to your questions, so you raise healthy, responsible, and productive young adults. One of the topics you’ll surely address as your kids get older is money. You’ll want to teach them about earning money, spending money, and […]
How to Encourage Entrepreneurial Spirit in Kids
We all want our kids to grow up and become successful right? As parents, it’s our job to teach them about money. How to earn it, save it, spend it, share it, and invest it. And learning by doing is often one of the best ways for something to stick. Research indicates kids who work […]
Kids’ Activities: How can you control the costs?
It’s no secret that having kids is costly. In fact, if you believe recent estimates, it could cost well over $200,000 to raise each child. While there are expenditures like food, shelter, and clothing that are non-negotiable, other expenses are. With an ever-increasing amount of pressure on families to have their children be as involved […]
Should We Hide Money Problems From the Kids?
Honesty is the best policy. It’s one of the most important lessons virtually every family tries to instill in their children. But is honesty still the best policy when it comes to family finances and money problems? Yes. Families who are facing money problems should still be upfront with their children about money. Depending on […]
Should I Be Paying My Kids for Good Grades?
Your kids will be bringing report cards home soon, and you may be getting ready to hand out some cash for good grades. And if that isn’t the deal you have with your kids, you’ve probably thought about it at some point. Should I be Paying my Kids for Good Grades in School? If your […]
