Financial experts almost unanimously laud teaching kids how to tell the difference between “wants” and “needs”. The trouble is, they often stop their advice there, failing to give parents and caregivers some basic strategies that will help children make independent…
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…
A major goal in teaching kids to be responsible with money is getting them to control how much they spend. If they can do this, budgeting is much easier, and the risk that they’ll get into debt dramatically decreases. These…
Savvy adult shoppers will comparison shop before they make a purchase decision, but this behavior doesn’t happen automatically—it’s learned. Kids have the capacity to start doing it on a basic level quite early if you show them how. These tips…
There’s no doubt about it—you and your child likely will cough up a nice chunk of change to cover the expense of back-to-school supplies. Kids can use multiple strategies to keep more money in their pockets during the process of…
Eventually, kids either want or have to start earning additional money outside of the home. In the United States, this is usually when they are somewhere between the ages of 15 and 18 years old. A number of strategies can…
That kids need to learn about money is somewhat of a given. Not all parents and caregivers are clear about when they should start teaching their kids the basics, however. These signs may signal that your child is capable of…
Children and youth from 23 countries have been worshipping, debating and sharing ideas for the past two days at CYFI’s Youth Meeting at the United Nations Headquarters in New York. Held on the 21-22 May 2014, the young participants took…
If your child watches TV, the odds are pretty good that he’s seen at least one commercial for a pawn shop. In fact, because of how these businesses market themselves, he might even be more curious about them than other…
With summer quickly approaching, carnivals and fairs soon will be setting up all over the globe. You might not think they have much to teach your child about money, but in reality, these venues can be perfect for getting basic…