4 steps to teach kids about money
(This is a guest post by John Ellmore) As a child, it can seem parents are a source of unlimited money. After all, they pay for the home, food, clothes, and of course taxes, but most kids will be unaware of…
Teach Children the Importance of Financial Planning Through Online Shopping
By Charlotte Wright It’s never too early to start teaching kids how to be money savvy. Learning how to handle finances is something that everyone needs to learn at some point in life. Shopping online is a convenient option for…
Should You Let Your Child Set HUGE Savings Goals?
Setting savings goals is a basic task you’ll want your kids to do as they learn about money. Just how big those goals should be isn’t set in stone, however, and parents often question whether big goals are worth it….
Kids’ Mystery Solved: What Exactly Is “Work Ethic”?
When you’re a kid, you might get some money from gifts or a regular allowance. This cash is important for learning how to save and make smart buys. Eventually, though, the things you need or want probably will cost more…
Should Your Kids Shop Online?
Adults routinely use the Internet to buy everything from rice to used cars, but kids are discovering how easy it is to purchase goods online, too. As a parent or caregiver, you’ll need to decide whether to let your children…
Money Goals for Kids of Different Ages
As a money-conscious parent, you know how important it is to teach your kids about finance, and that the process of doing this takes years. Still, with so many topics to cover, many parents are a little lost about when…
Should Your Kid Get a Job?
To learn about and manage money well, it’s extraordinarily helpful to have a reliable income. For young kids, that income might come from an allowance or doing chores around the house. Once your kids are older, however, a regular job…
The Top 10 Features Your Kid’s Savings Account Should Have
With so many banks in business, not all savings accounts are created equal, especially when it comes to kids. To get a good arrangement, you’ll need to shop around with your child. The exact features you sign up for can…
8 Tips for Keeping Your Kids Safe When Banking or Shopping Online
Internet banking and shopping can be incredibly convenient for your kids, but it’s not always safe. Following these handy tips can reduce some of the risks. 1) Show your kids how to avoid unsecure networks. With access to tablets,…
What to Say When Your Kids Ask You For A Loan
When kids just need a little bit of extra money or don’t qualify for loans on their own, they typically go to the Bank Of Mom And Dad somewhat by default. This shouldn’t necessarily be a habit, but if you…