A major goal in teaching kids to be responsible with money is getting them to control how much they spend. If they can do this, budgeting is much easier, and the risk that they’ll get into debt dramatically decreases. These…
When your child works with a piece of money, the odds are pretty good that the money already has seen its fair share of the world, with your child’s piggy bank, wallet or purse just one stop among dozens on…
Saving has a rather ironic purpose: Your kids do it so that, at some point, they can spend. This activity has some big benefits, not only for your children’s money-education, but also for their personal and social awareness. 1) To…
Although there are certainly times when you’ll want your kids to buy items brand new (shoes and underwear are perhaps two of the best examples), there are plenty of circumstances where opting for second-hand goods is super savvy. Thrift stores…
As any seasoned parent will tell you, it doesn’t take kids very long to start asking for stuff. Eventually, they’ll learn that some things cost more money than they have. Most caregivers make the best suggestion of saving up for…
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…
With summer quickly approaching, carnivals and fairs soon will be setting up all over the globe. You might not think they have much to teach your child about money, but in reality, these venues can be perfect for getting basic…
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…
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…