I was in a third grade classroom today doing a lesson on saving and spending wisely. It’s a fun lesson because kids get to “buy” things with $25 that I “give” them. With third graders, it’s important to let them know that the money isn’t real, nor are the items they buy. I learned this the hard way last year. Part way through the lesson I allow the kids to choose to save their money, spend it on another item,…
I took Ryan with me to hot yoga yesterday. Nathan had gone a while back with my friend Rebecca and came back with stories about how he’d never sweat so much in all his life. Then I started going and found out that he was right. The heat, plus the difficulty of the poses made for a very intense 90 minutes. Ryan likes a good challenge and asked if he could give it a go. So yesterday we went. In…
Nathan was ordering something on Amazon not long ago and, in order to receive free shipping, he had the “opportunity” to sign up for a membership. I don’t remember what the membership was for but it, too, was free…for a month. He asked me if he could sign up for it because he wanted to save on shipping. Sure, I told him. But it would be his responsibility to make sure that he canceled the membership before the month was up….
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…