Many kids expect compensation for the work they do around the house. A weekly allowance was always a part of our Saturdays growing up in my parents home and the more I helped out, the more money I made. Now that I have my own kids, I have learned that there are a few different … [Read more...] about Kids & Allowance
Kids and Money
How Much Allowance is the Right Amount?
Allowance is a fantastic way to teach kids about money, and money management. It gives them the opportunity to make some financial decisions for themselves. It also helps them learn the value of money. Money seems to grow on trees when it is someone else's, but when it is yours, … [Read more...] about How Much Allowance is the Right Amount?
Helping Children Gain Money Management Skills
Helping your children learn the skill of money management is going to impact them for the whole of their life. Money management is not a skill you are born with. Thus, you need to teach your kids about it. Here are some of the ways you can do this:By example: This is the most … [Read more...] about Helping Children Gain Money Management Skills
How Will This Kid Ever Make It In The Real World?
In our Parents Anonymous Group we parents often wondered aloud how our children would ever survive in the real world: Will they be able to manage money? Will they learn to cook and clean their house? Will they manage to hold down a job? Will they get along well with others? Will … [Read more...] about How Will This Kid Ever Make It In The Real World?
How to Teach Children About the Importance of Money
With an ever growing problem of debt in this country, it is vital for us as parents to break this vicious cycle. We need to take the time to teach our children just how important money is and how they need to use it. If you want your children to be financially independent as … [Read more...] about How to Teach Children About the Importance of Money
Parenting viewpoints from parents in the trenches, because parenting doesn’t come with a manual. In addition to