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Category: Teachable Money Moments

Scams and the Education of Our Children

Scams and the Education of Our Children

Ryan just sent me this text message: “Do you think the people I gave money to this morning scammed me?” Ryan went on an early 8-mile run with a group of people this morning. On his way home, he stopped for gas. While filling up, he was approached by two very distraught females saying they had run out of gas. They asked if he had any money they could use to buy some gas. Ryan gave him all the change…

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Kids and New Year’s Resolutions

Kids and New Year’s Resolutions

Ah, New Year’s Resolutions. Most of us make them. But sticking to them… Here’s an idea. Get the kids involved. They love to know what’s going on in your life. They’re snoopy that way. Actually, they’re just curious about how adults work. So let’s use this opportunity to teach them about New Year’s Resolutions…which is simply a fancy beginning-of-the-year way to say ‘goals’. It’s usually not too difficult for adults to come up with goals. Most of them have been…

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5 Easy Steps to Teaching Kids Money the Brain Compatible Way

5 Easy Steps to Teaching Kids Money the Brain Compatible Way

Turns out, we can actually teach in a way that’s compatible with our brain.   And when we do, interest level increases, retention improves, and confidence builds all leading to more complex learning.  That’s the conclusion of decades of research about how our brain works. The good news is, brain-compatible teaching is not that difficult to do.  It all begins with designing an effective learning environment.  Here are 5 easy steps you can take to create an environment conducive to…

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Kids and Bailouts

Kids and Bailouts

As parents we want our kids to grow up to be independent, healthy, happy, and financially secure adults. Getting them there takes a lot of hard work.  But knowing what your goals are can help.  For example, is it one of your goals that your kids be responsible for making sure they remember to leave the house prepared? If it is, then bailing them out every time they forget is not going to get them there. If you rescue your…

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Great Holiday Gifts: Board Games that Teach Money Concepts to Kids

Great Holiday Gifts: Board Games that Teach Money Concepts to Kids

Board games are always great gifts for the holidays.  And board games that teach kids money skills are doubly great!  The key is to sneak in the “money conversation” as you play. For example, the popular Game of Life oozes opportunities to discuss buying a house, paying insurance, being prepared for unexpected expenses, playing the stock market… And the lesser known Allowance Game is perfect for discussing wise spending choices, earning interest on savings, and jobs that your kids can…

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