If there’s one basic skill your child needs to learn about money, it’s how to create a budget. It’s perhaps even more important than saving, because the budget shows your child how to distribute the savings he puts together and…
Virtually all financial experts agree that learning how to make a basic budget is one of the keys to monetary stability. Making the budget alone is not enough, however. Your child also needs to be able to track his money…
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…
Just about everybody has the proverbial “rainy day” when it comes to finances, and even if your children have an exceptionally trouble-free, they still need to save for the retirement years. The sooner you encourage your kids to save, the…
Keeping the kids entertained while shopping no small chore. The beautiful thing is, shopping trips are a prime opportunity to teach your child about money. Applying some simple strategies can fight the boredom blues all while improving your youngster’s financial…
Parents and caregivers are the first financial models kids have. Inevitably, for instance, kids see their moms and dads going to the ATM, paying for groceries or paying bills electronically or via mail. The message kids get is clear: Money…
Halloween promises tons of ghoulish fun for people of all ages, but with the holiday suffering from increasing commercialism, it can be more of a “trick” than a “treat” to come up with inexpensive ways to get in on the…
Halloween, Thanksgiving, Hanukkah and Christmas: All four of these major holidays are huge profit opportunities for stores and manufacturers, and it’s easy to get caught up in the materialism that’s so ever-present. To combat this, the best route is to…
When it comes to kids and learning, two rules generally apply. The first is that kids have to learn in a way that is fun—by staying engaged and interested, kids become more likely to remember the learning experience. The second…
The modern American family lives at the speed of light these days, barely stopping to recharge their smartphones and fill their backpacks before rushing out the door. With many families having two working parents, time is precious, and it’s fairly…