Okay, so I got this great idea. One of the hardest parts parents have in getting their kids ready for their financial futures is knowing where or when to start. So I’m going to jump-start them. Give them the tools and the guidance they need to begin teaching the life skills of effectively managing money. For 15 days I plan on offering an activity that they will do with their kids. By the end of the challenge doing money will…
I was talking to a friend of mine recently about setting up an allowance program for her six-year-old daughter. Six is the perfect age to get an allowance going. Kids this age understand a lot about money and it’s time to start giving them some responsibility managing some so that they can begin to get into healthy habits. “She’s not interested in money at all,” my friend told me. “She doesn’t like to go shopping and never asks for anything.” I…
I can’t believe I have to add figure out Twitter to my list of things to do. What the heck? And I’m already behind the 8 ball, so the pressure is really on. That’s when it hit me. Ryan. He likes spending time on the computer. Why not have him do it? I’ll even pay him. And he can work when he wants for as long as he wants. So that’s what I did. I showed Ryan my Twitter account. …
For someone who is very interested in his money, mostly because he needs it to fill up his car with gas, Nathan does a pretty bad job of keeping his cash organized. He’s got some in his bathroom drawer, some on the floor of his room, some in his backpack, and some spilling out of the cup holder in his car. And who knows where else. So he decided the other day to collect it all and see how much…
As I jumped up from the dinner table last night to jot down something that Nathan had just said about all the extra packaging that things come in (he’d rather save the money than have it spent on stuff that gets thrown out), John announced that he was glad he was not blog worthy. My poor kids have to put up with a lot in the name of teaching kids financial literacy. Actually, John is very blog worthy. I’ve just…