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Chores

How a Pet Helps Teach Kids About Money

“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…

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Education

How to Use a Family Savings Jar

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…

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Community

bankaroo post on Microsoft Partner In Learning Network

Microsoft Partner In Learning Network is now promoting a post about bankaroo! You can check it here – http://www.pil-network.com/HotTopics/virtuallearningenvironments/bankaroo

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Education

Is Film and TV Teaching Your Kids About Money?

In a typical home, the television is on for at least several hours a day. People go to the theater, stream, or rent movies on top of this, too. Time after time, money is part of what you see. This…

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kids & money

Could Your Child’s Phone Bill Be a Sign of Poor Money Management?

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…

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Education

A Tasty Way to Teach Kids the Difference Between Gross and Net Income

Financial experts everywhere stress the importance of teaching kids how to budget, but they often fail to point out that doing this requires your child to learn about and understand two basic concepts: gross and net income. These two elements…

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kids & budget

Should You Plan for Your Kids to Pay Rent?

Today, an increasingly large number of people are considered “boomerang” kids, coming back home to live with their parents after college or some time in their own place. Many parents are more than willing to offer this type of help…

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kids & budget

Should Your Kids Know You Have Debt?

Have debt? Join the club. That’s apparently the word on the street these days, with the typical household having thousands of dollars in credit card, mortgage, vehicle, education and other debt. Despite how widespread debt is, people are still quite…

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give to charity

When Should Kids Start Saving?

Hopefully, by now, you’ve realized that getting your child to save is an important financial lesson. When a kid should start this process can be a little confusing, however, as families can have drastically different ways to approach it. Let’s…

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kids & budget

The Importance of Using a List When Shopping With Kids

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…

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