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The Young Investor, Projects and Activities for Making Your Money Grow – A Review

The Young Investor, Projects and Activities for Making Your Money Grow – A Review

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Ryan had a race this past weekend just east of Los Angeles.   It was a 7-hour drive and the perfect opportunity for me to use my passenger time to review The Young Investor, Projects and Activities for Making Your Money Grow by Katherine R. Bateman. I was interested in reading the book because I am a big believer in exposing kids to ways to make their money grow.  Early elementary kids should open a savings account at a bank…

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To Invest or Not to Invest

To Invest or Not to Invest

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I cut an article out of the paper today to share with Nathan.  He had invested in Walmart several years ago because he liked the idea of them going green.  He knew that a big company like Walmart could make a difference. He was right.  According to the article Walmart is now holding farmers accountable for their farming practices.  It’s recycling its used plastic into dog beds, producing smaller laundry detergent bottles to reduce packaging, and it’s transporting its goods in hybrid 18-wheelers…

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Teaching Kids to Set Financial Goals

Teaching Kids to Set Financial Goals

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Long story short, kids who know how to delay gratification tend to grow up to be adults with higher paying jobs, have happier relationships, are physically healthy, and are persistent in their pursuits. Let me know if you want the details to this longitudinal research. Using money, we have an unbelievable way to help our kids learn to delay gratification. It’s all about setting personal financial goals. There are three types of goals kids can set: ~to purchase a specific…

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Getting Kids EXCITED About Saving Money

Getting Kids EXCITED About Saving Money

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When Ryan was seven years old, John and I discovered he had a spending problem. As serious as a seven year old can have. It was all about Pokemon cards. Each week he would drain his money on the cute cards in hopes of striking it rich with a rare Charzard. But not wanting that spending problem to grow into a bad spending habit, we decided to introduce Ryan to compound interest. We wanted to see if the idea of…

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Fees Make a Difference

Fees Make a Difference

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I was so excited this morning after reading an article in the business section of the Sacramento Bee.  It was describing how Wal-Mart is having a positive impact on the environmental practices of companies it does business with, particularly in China.  Apparently, if you want to partner with Wal-Mart, you’re going to have to be eco-friendly.  Nice. I was excited because Nathan owns a share of Wal-Mart and when a company does good things, it usually ends up being reflected in the…

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