Dollar stores offer many everyday household, business and automotive goods, as well as toys and entertainment products, at very low cost. Although these stores can lack a huge selection and sometimes put steep markups on some items, they provide a…
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…
Small kids who don’t understand money often take small items off shelves in stores—many small toys and candies, for example, are easy for a child to put into their pocket in a blink as you pay your bill at the…
Tipping is something your kid will see you do on a regular basis, and eventually, he’ll wonder not only why you do it, but how. These are the four core concepts you should emphasize as you educate him on tipping…
Without an understanding of how their personal money habits connect to the broader economy, it’s much harder for kids to grasp where control of funds really is and why financial events occur. At a minimum, you should cover these seven…
Ask any financial expert what kids should learn early on about money and he’ll tell you to teach your child how to save. This is excellent advice, but the reality is that saving means different things to different kids. Your…
Vendors and individuals both are selling items through online auctions in droves. Whether to let your child take part in these auctions is something you need to think through carefully, weighing the pros and cons. Concerns Online auctions typically require…
Even if your child doesn’t ask for much, there likely will come a point when he asks you for something that’s a little out of your reach financially. When this happens, it’s not the best route to jump and say…
Per Susan’s (our member from Hong Kong) request, we added support for Hong Kong Dollar across the web and mobile apps. You can select it when creating or editing the kids’ accounts. Please keep sending us ideas how to improve…
The issue of whether to give your child an allowance likely will continue to be controversial into infinity, but if you’re a parent or caregiver who has already crossed into the “I’m going to do it” camp, there are still…