Dollar stores offer many everyday household, business and automotive goods, as well as toys and entertainment products, at very low cost. Although these stores can lack a huge selection and sometimes put steep markups on some items, they provide a…
One of the biggest problems most parents face when they’re trying to teach their kids about money is getting them to save. Getting children to start and maintain a rainy day fund is especially tough. Want Vs. Need Most parents…
Small kids who don’t understand money often take small items off shelves in stores—many small toys and candies, for example, are easy for a child to put into their pocket in a blink as you pay your bill at the…
Without an understanding of how their personal money habits connect to the broader economy, it’s much harder for kids to grasp where control of funds really is and why financial events occur. At a minimum, you should cover these seven…
Great business ideas don’t just come from adults—more and more kids are getting their feet wet in entrepreneurship with big success. As your children see these models, these are the most important things you need to tell them. Being a…
Vendors and individuals both are selling items through online auctions in droves. Whether to let your child take part in these auctions is something you need to think through carefully, weighing the pros and cons. Concerns Online auctions typically require…
Even if your child doesn’t ask for much, there likely will come a point when he asks you for something that’s a little out of your reach financially. When this happens, it’s not the best route to jump and say…
Kids need the opportunity to learn about money by doing—that’s a given. Even so, books provide a terrific way for you to get the ball rolling and to introduce the financial things you’d like to talk about or do with…
In most cases, lunchtime is hardly newsworthy. It goes off like clockwork, and at the end of munching, the kids’ bellies are full and they (most likely) go back to bouncing off the walls with energy. Lately, though, school lunch…
When it comes to money, it’s not unusual for one parent to feel a little less experienced or skilled, or for one parent to have more time for financial education lessons. Even so, it’s well worth ironing out these wrinkles…