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Tag: Teaching Kids Financial Literacy

For Sanity's Sake, An Allowance is a Good Thing

For Sanity's Sake, An Allowance is a Good Thing

I was in Michael’s yesterday buying key charms for my money management lesson on the keys to compounding.  With my 40% off coupon, of course.  I was behind a mom who I felt increasingly sympathetic for.  But not really because she allowed herself to be in the position she was in. The mom was there with her two daughters.  They looked to be about 8- and 9-years old.  The older one asked her mom if she could buy one of…

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Money Camp and My New Table

Money Camp and My New Table

It’s funny how some things just work out and you’re not even aware that it’s happening.  That’s the way it was with my new kitchen table and teaching lessons in my money management class. It wasn’t even supposed to be my new kitchen table.  It was supposed to be my new office desk.   Desk-hunting one Sunday afternoon, John and I ended up at Crate and Barrel.  While browsing for office furniture we happened by an awesome kitchen table, the kind…

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The Mysterious Dollars

The Mysterious Dollars

Every Monday I pop $5 into a special pocket of both my boys’ backpacks.  The money is to cover two days of eating lunch in the school cafeteria.  They could pick any two days but need to let me know in advance because, yes it’s true, I still pack their bag lunches on non-cafeteria days.  One Monday I noticed that there were two dollar bills in Ryan’s special pocket.  If there had been two dollars and fifty cents I wouldn’t…

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