One of the biggest debated topics in personal finance is how to teach children about money. Do you give them an allowance? Do you pay them for good grades? Do you open a checking account early? There’s a lot of different ways to approach the matter, but one of the best ways to teach children,…
Category Archives: Kids and Money
Family Fun on a Budget
As the father of three children between the ages of seven and two, I’m always on the lookout for ways to keep the little ones occupied and having fun without spending a fortune. Talk about easier said than done! Even a trip to the movie theater costs an arm and a leg these days. But…
How You Learned About Savings As A Child
You may not realize it, but the way that you learned about savings accounts as a child probably affects the type of saver or spender that you are today. Would you consider yourself to be a saver, a spender, or the perfect balance of the two? It usually starts out with that first amount of…
Three Tips For Teaching Your Kids the Value of Money
Just yesterday they were in diapers, blissfully unaware that every can of peas meant $12 for a new package of Pampers. But now your children are getting older, and their grubby little fists are demanding more and more of your money. How do you teach the value of a dollar? How do you explain the…
Guide To Teaching Your Kids About Money & Personal Finance
It is important to teach your children about how to properly manage their money from an early age. Learning how to be financially responsible will enable your children to have a lifetime of good financial health. As parents, you can set great examples when teaching your kids about money. Children are being given pocket money…
