Eventually, you’ll want your child to move away from a basic piggy bank and explore working with a regular bank. These are the key points you’ll want to touch on as your child gets ready to open his first account….
If your child watches TV, the odds are pretty good that he’s seen at least one commercial for a pawn shop. In fact, because of how these businesses market themselves, he might even be more curious about them than other…
As kids grow up and start to use money, they gain some distinct, personal perceptions of assets, which become part of how they define what money is and means. Often, the perception includes the idea that it’s possible to tell…
As you teach your child about money, the odds are good that you’ll talk about specific financial tasks that a professional can help with. These are excellent opportunities to introduce your child to finance-related jobs. Bank teller. Bank tellers help…
Dollar stores offer many everyday household, business and automotive goods, as well as toys and entertainment products, at very low cost. Although these stores can lack a huge selection and sometimes put steep markups on some items, they provide a…
One of the biggest problems most parents face when they’re trying to teach their kids about money is getting them to save. Getting children to start and maintain a rainy day fund is especially tough. Want Vs. Need Most parents…
Small kids who don’t understand money often take small items off shelves in stores—many small toys and candies, for example, are easy for a child to put into their pocket in a blink as you pay your bill at the…
Tipping is something your kid will see you do on a regular basis, and eventually, he’ll wonder not only why you do it, but how. These are the four core concepts you should emphasize as you educate him on tipping…
These days, the reigning way to pay is with plastic, but which is better for your kids? Figuring that out requires you to understand how these two types of cards are different. Borrowed vs. Personal Funds With a debit card,…
Without an understanding of how their personal money habits connect to the broader economy, it’s much harder for kids to grasp where control of funds really is and why financial events occur. At a minimum, you should cover these seven…