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kids & budget

Why Practice in Financial Literacy Matters

The statistics about financial literacy are in, and although they vary slightly depending on the source, the general results are not good: The majority of kids show they are interested in and want to learn about money, but they are…

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kids & budget

Does Teaching Kids About Money Require Money

With study after study showing that the majority of kids are woefully behind in terms of understanding and applying financial concepts, it’s no surprise that parents are looking for ways to teach their kids about money. That said, not everyone…

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kids & budget

Why Pushing Kids Toward Money Might Not Be a Good Idea

Every parent wants their child to succeed, to be comfortable, and some of how people define success and comfort is with financial security. Although there is nothing wrong with wanting your child to have enough, there are good reasons why…

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Community

How Cultural Diversity and Awareness Affects Your Approach to Financial...

Money might make the world go ‘round, as the saying goes, but people most certainly don’t approach finance in the same way around the globe. It’s a good idea to think about whether the way you are teaching your kids…

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kids & budget

œDoes Making A Budget Matter to Your Kids If It’s “In the Red”?

Statistically speaking, it’s not that unusual for a modern family to struggle in the area of budgeting. In fact, in lots of homes, a budget doesn’t even exist. Often, this is because money is extremely tight—what’s the point of budgeting,…

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Chores

Why You Shouldn’t Let the Joneses Control Your Child

The proverbial Joneses. The family that has everything that everyone wants, that sets the trends everyone wants to follow, that people struggle to mimic. To some degree, we all try to keep up with them, as the saying goes, but…

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Chores

The Work-to-Reward Perspective for Kids

When kids are really young, their idea about how to get money is pretty simple, not to mention misguided: Run out of cash? No worries! Just go to the bank! Don’t have enough money to pay for something you want?…

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kids & budget

What Your Child Needs to Know About the Stock Market

Part of learning about finance is diving into the world of the stock market. Kids who are just starting to learn about this area of investment need to have a solid grasp of a few fundamental concepts before they really…

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Chores

5 Warning Signs Your Child Feels Entitled

As a parent or guardian, it’s the most natural thing in the world to want to give your child what you never had, to give them the best so that they can enjoy life. There comes a point, however, when…

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kids & budget

Should Kids Get Credit Cards?

Money makes the world go ‘round, or so the saying goes. In modern society, though, you have to tweak that saying a bit. It’s more like plastic makes the Earth keep rotating. With technology becoming more and more integrated into…

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