There are many things parents need to teach their children. One of the important life skills that kids need to learn from a fairly early age is money management. Oftentimes, parents will help them learn that skill through giving them an allowance. Allowances for kids have a … [Read more...] about Should Children Earn Their Allowance?
Kids and Money
Battling the Gimmies
Children want stuff.Unfortunately, that natural desire is too often overwhelmed by our culture of consumerism. For many families, the mass marketing of everything from video games to new clothes is a constant part of their day. And as children grow and try to find their place in … [Read more...] about Battling the Gimmies
Should I Give My Kids An Allowance?
As your kids get older, you have most likely noticed an increase in them asking you for certain things. They want the latest toy, they want to buy candy, they want a new video game. Instead of making them wait for birthdays or special occasions, many parents give their children … [Read more...] about Should I Give My Kids An Allowance?
When Should I Start My Teen's Allowance?
Money management skills are not an innate gift that is given to all of us. We must learn and be taught these important life lessons by experience. It is during one's teenage years that these principles of money management start being taught with great emphasis because it is … [Read more...] about When Should I Start My Teen's Allowance?
Need to Know: Allowances and Teens
When it comes to teens and their allowances parents know that they must tread softly. To teens, the ability to buy what is fashionable, fun and entertaining is almost defining to their personality (or at least what they want to project as their personality). Teenage years … [Read more...] about Need to Know: Allowances and Teens