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Tag: Teaching Kids Money Management

Oops. Missed One.

Oops. Missed One.

I recently wrote about how Nathan was given the opportunity to sign up for some sort of  membership on Amazon in order to save shipping costs on an item he had ordered.  After I gave him permission I then showed him how to make sure he canceled the membership within the alloted time so that he would not get charged.  (See blog entry:  Keeping Good Records) What I missed in all of this was Ryan.  Turns out, when going through my credit card…

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Keeping Good Records

Keeping Good Records

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….

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She Who Dies with the Most Jewels Wins

She Who Dies with the Most Jewels Wins

Has your brain ever been so saturated with thoughts that you render it useless?  That’s what happened to me when I saw a bumper sticker on a car that read, “She who dies with the most jewels wins.”   It evoked so many emotions all I could clearly think was, Ahhhh. When that went away, my next thought was That is precisely the kind of attitude that contributed to all the dark stuff of 2009.  If my kids had been with me,…

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Beyond the Piggy Bank 15-Day Challenge

Beyond the Piggy Bank 15-Day Challenge

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…

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Too Much of a Hassle?

Too Much of a Hassle?

I was talking to a friend of mine recently about setting up an allowance program for her six-year-old daughter.  Six is the perfect age to get an allowance going.  Kids this age understand a lot about money and it’s time to start giving them some responsibility managing some so that they can begin to get into healthy habits. “She’s not interested in money at all,” my friend told me.  “She doesn’t like to go shopping and never asks for anything.” I…

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