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kids & budget

The Psychology of Kids’ Spending

When it comes to buying, putting down money isn’t just about what you need. It’s also about want you want, and the reasons behind those wants can be extremely complex, fulfilling multiple psychological needs. This doesn’t just apply to adults—kids…

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kids & budget

Teaching Kids About Money in the Modern Mixed Family

In the past, divorce and remarriage were something that people seriously frowned on. Now, however, step-parents are just as common as biological ones. This is not necessarily “right,” or “wrong,” but you should be aware that a blended family can…

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kids & budget

Old Versus New Ways of Money Management

A ton has changed over the last hundred years or so—that’s unquestionable. Virtually all industries have had to accommodate in some way, and the finance industry is no exception. The difference between the way things were and the way things…

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money & technology

The Role Tradition Plays in Financial Literacy

With technology pumping out new gadgets a mile a minute and regulations changing by the second, it’s easy to think that financial literacy is never truly grounded in the traditional. This isn’t quite the case, however—the way people handle money…

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Chores

Why You Shouldn’t Let the Joneses Control Your Child

The proverbial Joneses. The family that has everything that everyone wants, that sets the trends everyone wants to follow, that people struggle to mimic. To some degree, we all try to keep up with them, as the saying goes, but…

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Chores

The Work-to-Reward Perspective for Kids

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?…

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kids & budget

Should Kids Get Credit Cards?

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…

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kids & money

Why Knowing Policies on Financial Items Matters to Your Kids

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…

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kids & budget

How to Save for College (USA)

Education is one of the fastest growing costs families face, so some saving is a virtual requirement if you plan to send your kids to college. 529 Plans At least some of the money you put away for your child’s…

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kids & budget

Teaching Your Child the Dangers of Internet Shopping

When it comes to inventions that have changed the course of history, the Internet certainly makes the list. The World Wide Web provides a plethora of opportunities and information to the public, and kids and adults alike adore the Internet…

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