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
Kids and Money
7 Things to Look Out ForWe live in an instant gratification society. We want what we want, when we want it. And if we don't have the means to get it, we'll come up with the means (usually using credit). Gone are the days of steadfastly saving every penny in order to make that big … [Read more...] about Teaching Your Kid Financial Literacy
The summer is a great time for teens to have jobs. They are not in school, and often having something that can help keep them busy, as well as put some money in their pocket and experience on a resume is helpful. The following is a look at a few great summer job ideas for teens, … [Read more...] about More Summer Jobs for Teens
Fifteen-year-olds do not turn into crazed consumers overnight but there is hope. Recently a mother was shocked and bewildered when her son demanded she buy him the latest gadget while cursing and swearing at her. She felt hurt and threatened. She is not … [Read more...] about Peer Pressure and Allowance
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?