Teaching Kids About Money AND Saving for Yourself

Here are a few great ways you can not only save some money this month but also start teaching kids about money management. Include your kids on your plans for cuttings costs for the month and have them help out with keeping track of money girl. 1.    Check your cable and cell phone bill. There may be subscriptions you are paying for each month that are not used too often. Sit down...

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Kids and Money Series - Learning Goals for Ages 14 to 18

For the last article in our 'kids and money series' we'll finish off with the high school ages. These kids are not to be taken lightly! They are developing their own sets of values and opinions. Tread with caution, lol, but keep instilling your core financial values as they turn the corner into adulthood. •    Get a job. Now is the time for your kids to start earning money of their...

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Kids and Money Series - Learning Goals for Ages 11 to 13

As our children get older, especially as they enter middle school, they should be having increasing responsibilities around money. Kids and money management don't always go hand in hand at this stage. Use these milestones to ensure they are getting the financial education they need at their ages. •    Encourage your kids to have money goals and help them keep track of their successes....

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Kids and Money Series - Learning Goals for Ages 6 to 10

In this series we'll discuss kids and money learning milestones for different stages of development. For kids ages 6 to 10, as they begin to outgrow the fairytales and myths of early childhood and are ready to begin learning the realities of money. The following milestone lessons are appropriate for this age group: •    Be sure your child is able to identify different forms of currency...

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Children and Money - What to Teach and When

While some experts suggest we start teaching kids about money as soon as they learn to speak, there are some concepts that are too abstract for children under age 7 to grasp. However, the sooner we begin the conversation the better. Children and money might not seem to be an issue but what they learn today they'll repeat tomorrow. Here are the four main areas of money education: •  ...

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How Teaching Money to Children Can Help Them Build Real Wealth as Adults

As a father of two great kids who keep me very busy, teaching money to children did not use to be high on my list of priorities. I mean, there was teaching them how to cross the street, to eat their vegetables at dinner and what to do in case of a fire. These things seemed urgent. Money matters, not so much. Until, that is, I read Robert Kiyosaki's "Rich Dad, Poor Dad." Many who know me will...

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How Christmas Art Projects for Kids Can Teach Them the Real Value in Giving

One of the keys to a quality financial education is teaching generosity and charity and there's never a better time than Christmas to explore some of these values. No matter what their ages, setting aside some Christmas art projects for kids can teach them that it really is the "thought that counts." Today's economy is certainly not going to support an extravagant Christmas for many people around...

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