Help kids understand what it takes to comparison shop – what’s too expensive, what’s a reasonable price – with these tips. “Mom, look at this,” my seven-year-old said, showing me a price tag on a small stuffed dolphin. “This dolphin costs $22 but the bigger one over here is $26. That just doesn’t make sense.”…
Whether or not to give teens credit cards isn’t an easy decision. Here’s a step-by-step guide to determine if your teen should have a credit card. Things change quickly once you have a teenager. First, they’re able to communicate independently with friends on their phone. Then all of a sudden your teen has a part-time…
The internet provides numerous opportunities for kids and teenagers to make money online. Here’s a list of ways teens can make money online. To see a full list of ways kids can make money see: How to Make Money as a Kid (This post contains affiliate links. If you click on a link and purchase…
The best debit cards for kids teach basic money management skills while making allowance easy for parents. One of the best ways for kids and teens to learn financial literacy and acquire good money habits is to manage their own money. And while younger kids benefit from managing physical bills and coins, older kids are…
Investing for kids doesn’t need to be complicated. This approach will equip your children with the basics so they can make wise investing decisions. “Why would I ever want to put my money in this retirement plan?” I boldly, and possibly a bit too pointedly, asked a senior-level manager. Looking over what he had just…
Inside: How parents can talk to and educate their kids about money without creating a sense of entitlement or fear about the family’s finances. Money isn’t the first thing that comes to most parents’ minds as a high-priority topic to discuss with kids. But similar to sex or drugs, our kids are going to learn…
You’ve taught your kids to ride a bike, to tie their shoes, and even a few cooking skills. But have you introduced them to one of the most important life skills of all: how to manage money? Unlike any other skill we teach our kids, knowing how to manage money could literally make or break their adulthood.
These money games for kids teach valuable lessons while still being fun. (This post contains affiliate links. If you click on a link and purchase the item, I will receive a commission at no extra cost to you.) When was the last time your kids saw you pay for something in cash? Maybe it was…
Introduce or reinforce basic financial concepts with these budgeting games for kids. See 12 of The Best Money Games for Kids for more ways to teach kids about money. (This post contains affiliate links. If you click on a link and purchase the item, I will receive a commission at no extra cost to you.)…
The first step in kids financial literacy is to learn how to distinguish and count money. The following counting money games can help kids master key concepts in counting coins and bills. See 12 of The Best Money Games for Kids for more ways to teach kids about money. (This post contains affiliate links. If…
One valuable life skill could make a huge difference in how happy, satisfied, and stress-free your child is as an adult. (Hint – it has to do with money) Let’s get one thing straight – I teach my kids about money not so they’ll eventually have flush bank accounts or land a spot on Million…
Looking for a powerful yet super easy tool to begin kids allowance? This is it… This post is sponsored by Greenlight. All opinions stated are genuine and my own. “Mom, can I get this with my own money?” my daughter asks holding up a fuzzy leopard print vest. I stare at the vest as my mind…
Learning how to delay gratification and instead save money is one of the most important skills kids need to become financially secure adults. Here’s how parents can nurture a money-saving mindset in their kids. It’s happened more times than I can count. We’re in a store and one of my daughters spots something she wants. A…
When it comes to teaching money, you may be wondering what to cover with your kids. This guide includes everything children need to know about money. Did you feel well-prepared to face the grown-up world of finances, bills, and expenses? According to a small group of my friends, they didn’t. Leaving college and entering the…
Help kids make the connection between their donation and its impact while also supporting worthy causes. I’ll never forget when I introduced the concept of charitable giving to my then 5-year-old. It was a Sunday morning and the first time our girls received an allowance. I had decided it was time for them to learn how to…
My parents had no clue their parenting idea would set me up for financial success. Here’s what they did and what it taught me. It began around the summer before 6th grade. All of a sudden my friends were wearing colorful, stylish clothes with labels from Guess, Esprit, and Benetton (yes, I’m dating myself here)….
Kids of all ages can make money – even young kids! Here’s the ultimate guide on how to make money as a kid. You’ve heard the stories – kids who at age 6 or 11 had a business idea, found funding, pursued their idea, and made millions before turning 20. Fraser Doherty is one of…
Lots of kids love to cook. Here’s how kids who love to cook can make money from their passion. To see a full list of ways kids can make money see: How to Make Money as a Kid This post contains affiliate links, see my Disclosure Policy. “I come from a family of cooks. We’re just…
Many kids love animals. Here are a few ways kids who love animals can make money. To see a full list of ways kids can make money see: How to Make Money as a Kid At the young age of 4, Mikaila Ulmer was getting ready to enter a children’s business competition when two things happened:…
Here are a few ways creative kids can make money (and have fun too!). To see a full list of ways kids can make money see: How to Make Money as a Kid Creativity isn’t limited to adults – in fact, kids, with their unbounded imagination are often brimming with creativity. Take Aelita Andre who…
Although it’s beneficial to teach kids about money through conversations, games or books, there’s one other thing you can do to really help kids understand money management. Does this sound familiar?: You run into a local store to pick up a few things – laundry detergent, a bottle of shampoo or a birthday card for…
Here’s what you need to know about motivating kids to get good grades – and what to avoid. I’d like to meet the parent who hasn’t bribed their kids at least once. We’ve all been there – a tricky situation where our kids simply WILL NOT do what we want them to no matter how…
Even young kids can learn the value of work. Here are a few ways young elementary school-age kids can make money. It was 4:40 PM on a Sunday afternoon as we pulled into our driveway after a long day in the city. The light was dim and the temperature hovered around 36 degrees. But despite our…
When it comes to teaching kids about money, even young kids can learn something. Here are a few lessons your kids can learn before they turn five. Teaching kids that are barely out of toddlerhood about money may seem crazy, but even basic money lessons can begin young. And starting these lessons young, can be…