Family Experiment: Motivating Children to Save and Budget for the Family Vacation
by Chris Jordan
My kids, like most kids I would venture to guess, do not really understand the idea of budgeting and saving. They will earn money doing extra chores, or get money as a birthday present, and immediately think of twenty different impulse things they can purchase with it. Things they didn’t even know they wanted, needed, before we stepped into the store. Given the amount of Americans who are deep in credit card debt, the impulsiveness is not something that naturally stops at adulthood.
Ugg Envy: When Your Child Wants a Name Brand and It’s Just Not in the Budget
Solutions for when your child wants a name brand item that you simply can’t afford.
7 Ways to Stay Open with Your Spouse About Finances
by Rachel Meeks
How I keep our finances open and organized so my husband and I can both access it anytime.
Tips to Teach Your Kids About Household Bills and Budgets
by Rachel Meeks
I don’t plan to wait until my daughter’s eighteen and ready to move out on her own before I draw back the curtain and show her how we pay the bills and do all of those other grown-up things. Here are a few practical ways to teach kids at each age level about taking care of bills and the household budget.
Helping your Kids Understand the Value of Money and the Importance of Saving
by Chris Jordan
Our kids are inundated with the message that the acquisition of material possessions equals happiness. Raising them to understand the value of money and understand the importance of saving money are daunting tasks. We try to break it down into some simple tips. Easier said than done, we know.
Lead By Example: Teach Your Kids About Saving Money
by Rachel Meeks
No matter how many times I try to tell her about saving money, it’s my example that she’ll remember.
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