“Mom, can I have a dog / cat [or other pet]?” The question is almost inevitable from youngsters, who have a natural curiosity about other living things, and who see lots of other families with animals. A lot of the…
Saving is one of the first financial lessons that kids learn, and many experts promote the idea that the earlier children can start putting money aside, the better off they’ll be. The logical progression from this idea is usually to…
For today’s kids, having a cell phone is more than normal. The devices let children connect with parents not only in emergencies, but also for everyday events, such as reminding each other about an after school practice or finding each…
As most parents know, it’s typically much more efficient to do your shopping without your kids in tow. The reality, of course, is that there will be times when you have to go to stores with your children. Although this…
Not finding a piggy bank your child likes? Try these homemade alternatives! Soda/Water Bottle Bank Very carefully cut a slot in the side of an old soda bottle large enough for coins and bills to fit through easily. If the…
When money is a little short, getting a loan is often a reasonable way for someone to continue on with his plans. In some cases, doing so actually can put you in a better financial position, securing assets or investments…
One of the most basic skills kids need to learn when they start their financial education is how to track money. Without the ability to do this, kids can’t go on to more challenging tasks, such as making and sticking…
In teaching kids about finance, the assumption most parents make is that they, not the children, need to be in the driver’s seat. Although this isn’t entirely false, you might want to think twice about never handing over the keys….
One of the most fundamental principles parents try to instill in their children from an early age is that saving is critical. After all, without saving, it can be extremely difficult to ensure some degree of financial security for the…
When it comes to buying, putting down money isn’t just about what you need. It’s also about want you want, and the reasons behind those wants can be extremely complex, fulfilling multiple psychological needs. This doesn’t just apply to adults—kids…