Goal setting is super important when you’re teaching your child about finance—it keeps them focused, makes progress easier to measure and gives you the chance to offer praise and reward when they do well. You can set dozens of different…
“Just knowing that something I, a teenager, made could affect anyone really makes me feel like I did something good.” As posted on EY! Blog by philip@childfinance.org Ye! is a platform for entrepreneurs aged 16 to 30. But some people just don’t wait…
Even though your kids will love to spend their money on themselves, their funds also can pave the way for something that is priceless—the experience and self-gratification that comes from giving to others. With a little effort, you can ease…
Inheritance doesn’t just affect adults. It can affect kids, too. Knowing the basics of what inheritance is and how it works thus should be part of any child’s financial education. The Simple Definition Inheritance, in terms of finance, is…
No matter where you live in the world, the holiday season—generally seen as November through December—provides a great opportunity for your kids to learn about charitable giving. The trouble is, many families are facing increasingly tight budgets, which can put…
For years, money gurus have asserted that, with help from parents, kids use separate spend, save and give banks with their money. Although the advice is sound, the experts who spout it rarely provide an explanation about why the technique…
Getting your child to give to charity is a great way to instill a sense of compassion and generosity, but the simple fact there are so many different charities out there makes selecting the right one a bit daunting. These…
As Christmas approaches, it’s very easy for kids to get wrapped up in getting rather than giving. This gives you a hidden chance to expand an important lesson in their financial education: generosity. This is easy to do if you…
In the past, when kids wanted to give to a charity, they either had to send their money by mail or visit the physical location in which the charity did business. Those days are long gone. An increasing trend you…
Financial literacy isn’t just a personal issue. It’s a social issue, because many people are in need of financial assistance. This is where you can teach your child not only to manage funds and other assets, but to have a…