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Chores

Why Your Child Needs a Summer Job

Parents still heavily debate whether kids should work during school, with some people thinking that the experience and financial improvements gained from the work is worth the slight dip in grades that might happen. In the summer, kids no longer…

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kids & money

Should Kids Work During School?

Just about every financial expert under the sun has pointed out to parents that the cost of a college education is skyrocketing, that general expenses are going up as income and job availability has gone down, and that kids have…

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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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Community

Top Financial Things Your Child Should Think About Before Getting a Job

First jobs are a rite of passage for young people, offering a degree of financial independence. They can provide a great work experience and skill development, as well. Even so, kids shouldn’t start handing out a bunch of applications until…

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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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teach kids about money

Are the Financial “Experts” Getting It Wrong?

When a person doesn’t have a lot of knowledge or experience in anything, it’s usually a good idea to seek advice from an expert. This can apply to areas such as financial literacy for kids, but unfortunately, many of the…

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Kids Allowance

Should Professionals Teach Kids About Money?

The need to teach kids about money is a fact rather than debate. What is debatable, however, is who should be doing the bulk of the teaching. Many people say that financial education is best left to the experts, while…

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Chores

Allowance Alternatives for Your Kids

Allowances are one of the most hotly debated elements of financial education for kids. In one corner, parents advocate them, because having real money available can make it easier for children to save, spend, give to charity and learn basics…

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teach kids about money

Who Should Teach the Kids About Money – Mom or Dad?

By now, the news that kids need to learn about money is nothing too startling—in the wake of the Great Recession, financial experts have been advocating financial literacy more than ever. Even so, finance courses still aren’t standard in most…

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kids & budget

Why Practice in Financial Literacy Matters

The statistics about financial literacy are in, and although they vary slightly depending on the source, the general results are not good: The majority of kids show they are interested in and want to learn about money, but they are…

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