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Tag: Teaching Kids Money Management

Investing 101

Investing 101

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I just finished reading the book, Investing 101, by Kathy Kristof.  I consider myself somewhat knowledgeable about basic investing…enough to have a diversified portfolio.  And certainly enough to be able to have investing discussions with the elementary and middle school students I work with. But continued education is always a good idea.  Besides, in the financial world, things change so it’s important to keep up with them.  After reading the book, I gave myself a pat on the back…not because I…

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Registry Reflections

Registry Reflections

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Nathan and I were “KidsSaving” his recent transactions yesterday.  That’s when we reconcile his bank statement with his KidsSave Account.  But it’s also when we make sure that his recent charity contributions or other expenses, get recorded. He looked at the balance of his bank statement with wide eyes and said, “That’s all I have in the bank?” It was over $400 so I was a little surprised at his concern. “Haven’t you been keeping track in your registry?”  I…

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To Work or Not to Work

To Work or Not to Work

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I was having coffee with some friends last week when we started talking about why having a job as a teenager may be a really good thing.  Of course, from a teens perspective, the extra cash is always nice.  But as a parent, there’s nothing like a “real” job to teach kids a few life lessons. A week earlier, I had a phone interview with a freelance writer about teens and working.  She asked if I thought having teens work was a…

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Saving Savvy at Christmas

Saving Savvy at Christmas

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Nathan had one of his friends over the other day.  They were chatting about Christmas shopping.  Apparently Valerie had most of her shopping done.  Nathan – none.  He’s not a big shopper. It has been my experience that girls are more apt to buy their friends Christmas gifts than boys…and enjoy the process.  I see this in my nieces and in the daughters of  my friends.  Not so much with any of the boys.  And as much as I don’t like generalizing,…

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Keeping Track

Keeping Track

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Nathan and Ryan received their second, and final, soccer reffing checks in the mail yesterday. “How much are you expecting?” I asked. “A lot,” was the answer I received from both.  And a lot it was!  Nathan’s check came to $210 and Ryan’s came in at $164.  But as nice as those numbers are, if you are not keeping track of what it is you are owed, you run the risk of not getting paid for the time you worked.  The only way the…

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