Kids and Money

Kids & Allowance

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 […]

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Should Children Earn Their Allowance?

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 number of benefits, including: •Teaches money management skills […]

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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 or culture, the idea that they have […]

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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 who are too young for […]

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When Should I Start My Teen&#39s 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&#39s teenage years that these principles of money management start being taught with great emphasis because it is during this time that your child should […]

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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 &#40or at least what they want to project as their personality&#41. Teenage years are definitely challenging as teens are often faced with […]

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