The best way to teach kids financial literacy is in the context of their everyday lives. Here’s this month’s teachable money moment: The next time you’re out shopping with your child and she finds something she wants to buy (with her money, of course), have her think about the number of work hours or jobs that are necessary for her to pay for the purchase. For example, have her come up with the number of hours she would have to…
Here are some useful tips and ideas for giving kids gifts that help them become saving savvy and money smart.
“Wish me luck,” Nathan said as he exited the room. “For what?” John and I both asked. “I’m about to call my manager and find out why I haven’t been put on the schedule.” Nathan has been working at In and Out Burgers since the beginning of summer. During those non-school months he clocked a lot of hours. And he was happy. Gas money and then some. When school started, his schedule was reduced to two nights a week for…
I gave my kids a test this morning. They passed but only after asking a few questions. And since they were the right questions, I allowed it. I received a special invitation in the mail yesterday from American Express. Often, these special invites go directly to the shredding box. But the marketing department at AmEx discovered how to get someone like me to open the extra large envelope. The front of the envelope offered me a $400 gift card to…
It’s Homecoming Week. I know, because for the last week, I’ve had a house full of seniors working on float building, routines, and skits. It’s been crazy but a lot of fun. I’ve enjoyed getting to know a lot more of the senior class. It’s a nice group of kids. Tonight they will get to show off the U.S.S. Seniors during the homecoming game half time show. It’s the boat float they built and comes complete with a beach which…