Nathan’s been shopping for a car. If you’re familiar with my other posts, you already know what a deliberate shopper he is. That’s what happens when kids are in charge of their own money. It may take some kids a little longer to get to that point, but eventually, they all learn the value of a dollar. So Nathan’s been shopping for his car for about six weeks. And in these six weeks he’s learned information that will carry him…
I was talking yesterday with a mom of one of the students in my money class about how abstract the concept of spending money can be. Sure, kids know how to buy stuff. That’s pretty concrete. But do kids understand what happens behind the scenes when we buy things using our credit card? This mom described how enlightened she became when she and her husband took their two kids out to dinner and paid in cash. Both her boys were…
We weren’t sure Ryan was going to make it through an entire movie from Netflix, so we flipped through the channels looking for something halfway decent that the rest of us could watch even if he fell asleep part-way through. He never fell asleep and we all made it to the end of Two Weeks Notice with Sandra Bullock and Hugh Grant. It was a cute romantic comedy and everyone already knew the ending a few minutes in. But having…
Nathan and Ryan came home a little dejected. They had spent three hours working for Tom and they didn’t get paid for the work. Tom is our neighbor. He’s retired and does a lot of stuff around his house. The boys work for him from time to time and love it because Tom pays them $13/hour. But they have to earn it. When they come home from a day at Tom’s, they sleep well that night. Last month Tom…
While watching In Debt We Trust with Nathan and Ryan, I found out that those who pay off their credit cards each month are called deadbeats by the credit card industry. That makes me a deadbeat. Deadbeats rule! I’m not a big fan of the credit card industry. Just because you can doesn’t mean you should. Well the credit card companies did, and a lot of people are suffering. And although a tad bit behind…change is a comin’. Congress just passed new legislation. …