Patterns are very useful tools. No, I’m not talking about the paisley patterns covering your socks. I’m talking about routine occurrences that, if we’re paying attention, can help us make positive changes in our lives. Take, for example, the useful discovery that every time you ate nuts, a rash would appear on your neck. It may have taken several months to figure it out, but, with this information, avoiding nuts has had an immediate impact on the quality of your…
When we invest in something, we are looking to benefit from it in the future. For example, when we invest in regular oil changes for our car, we expect that the car will serve us well for many years. And when we invest time into a vegetable garden, we hope to have a bountiful harvest. As parents, we invest in our kids’ futures every day, multiple times a day. When we tell them that eating carrots will help their night…
Nathan made an interesting comment recently at the dinner table. “I love Sunday evenings. Not because there’s school the next day but because I get two days off from work.” Nathan works at In and Out Burgers. It’s a great first job for a teenager. The hours are pretty accommodating to his school schedule and he gets to work with other kids his age. And then there’s the paycheck…and, apparently, the days off. But this first job has taught Nathan…
From my monthly newsletter The Kidnexions Connection: Making decisions can be tough for kids. Especially when they’re confronted with two very appealing choices. I can go to my friend’s sleepover birthday party or attend the premiere to the new Harry Potter movie with my family. If they choose to go to the sleepover, they’ll be able to hang out with their friends and stay up late. On the other hand, if they go to the movie, they’ll be a part…
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…