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?…
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…
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…
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…
On any given day of the week, a person’s mailbox can be flooded with different offers for credit cards, loans and more. Each one has its own terms and conditions that people have to follow, but unfortunately, many individuals don’t…
In the money world, the term “financially literate”—or a related derivative—gets tossed around quite a bit. Not a whole lot of experts actually take the time to define exactly what financially literate means, leaving many statistics related to money habits…
Whether it’s a traditional fat little porcelain piggy or a decked out electronic coin sorting gadget-gizmo-thing, a piggy bank of some kind is pretty standard fare when it comes to getting kids learning about money, saving and budgeting. In some…
By now, you should have a pretty good handle on the idea that kids and saving need to go together tighter than peanut butter and jelly. Of course, more than one way for kids to save is available. Two of…
Allowance is one of the most debated topics when it comes to teaching children financial literacy. A huge part of the controversy is whether the allowance is challenging enough—that is, whether it teaches entitlement. If you don’t plan on connecting…
Kids are pretty observant, and they learn by what they see. Sooner or later, they’re bound to make comparisons about money and see that financial situations vary a lot from family to family. You’ll need to go over the basic…