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kids & budget

Can Your Child’s Saving Get Out of Control?

One of the most fundamental principles parents try to instill in their children from an early age is that saving is critical. After all, without saving, it can be extremely difficult to ensure some degree of financial security for the…

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kids & budget

Ways Your Kids Can Be More Economical Around the House

In the modern consumer society, more goods and foods are produced every minute than ever before. This holds a high note of promise for quality of living, but the reality is, people in many areas—the United States in particular—are hardly…

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kids & budget

How School Financial Crunches Affect Your Kid’s Back-to-School Spending

With a new school year almost upon you, hopefully you’ve already given some thought to what your kid might need for his next round of academics. If you’ve really been on top of it, you’ve already talked to your child…

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kids & budget

The Right Way to Make Change

With all the conveniences of the modern world, the vast majority of financial transactions now occurs on a digital platform. People use ATMs to get or deposit funds, for example, and they routinely turn to the Internet to make purchases…

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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

Does Your Child Have a Money Vision?

Much of what you will focus on in your child’s money education is “nuts and bolts” or “how to” stuff, such as teaching your child how to read a bank statement. There is another part of money education that gets…

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kids & budget

Why Are So Many Kids Spendthrifts?

The news that parents are spending and are in debt by now is nothing new. What experts are still a little surprised at, though, is how much kids are spending, too. Many of them are scratching their head about why…

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Chores

5 Simple Ways for Kids to Donate to Charity

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…

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kids & budget

Will Your Child Be Stuck in Your Family’s Income Bracket Forever?

If you’re like most parents, a major goal when it comes to your kids and money is simply to ensure, by whatever means possible, that your children are a little better off financially than you were. In other words, you…

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kids & budget

What Is Opportunity Cost?

Even though the economists say finances are shaky around the world and in the average home, opportunities are still everywhere. You can see them in flat-screen televisions, college degrees, toys and restaurants with big flashing signs. Your child will make…

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