5 Tips for Teaching Kids to Be Savvy Comparison Shoppers
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5 Tips for Teaching Kids to Be Savvy Comparison Shoppers

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.”…

Everything You Need to Know About Giving Your Teen a Credit Card
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Everything You Need to Know About Giving Your Teen a Credit Card

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 Best Debit Cards for Kids and Teens in 2022
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The Best Debit Cards for Kids and Teens in 2022

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: a Common Sense Approach to Teaching the Basics

Investing for Kids: a Common Sense Approach to Teaching the Basics

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…

How to Talk to Kids About Money (Without Creating Entitlement or Fear)

How to Talk to Kids About Money (Without Creating Entitlement or Fear)

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…

How to Get Started on Kids Allowance – the Right Way
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How to Get Started on Kids Allowance – the Right Way

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.

5 Fun & Educational Budgeting Games for Kids
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5 Fun & Educational Budgeting Games for Kids

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.)…

6 of the Best (& Fun!) Counting Money Games for Kids
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6 of the Best (& Fun!) Counting Money Games for Kids

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…

This One Skill Could Make or Break Your Kids Adulthood – and You Can Teach it to Them
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This One Skill Could Make or Break Your Kids Adulthood – and You Can Teach it to Them

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…

Teaching Kids to Delay Gratification in a “Buy Now, Pay Later” World

Teaching Kids to Delay Gratification in a “Buy Now, Pay Later” World

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…

Everything Your Child Needs to Know About Money Before Leaving Home

Everything Your Child Needs to Know About Money Before Leaving Home

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…

How to Help Kids REALLY Understand Why Donating Money is Important
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How to Help Kids REALLY Understand Why Donating Money is Important

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…

One Brilliant Thing My Parents Did That Turned Me Into a Money-Savvy Adult

One Brilliant Thing My Parents Did That Turned Me Into a Money-Savvy Adult

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 Won’t Really Understand Money Until You Do This

Kids Won’t Really Understand Money Until You Do This

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…

Why Paying Kids to Get Good Grades Can Backfire – And What to Do Instead

Why Paying Kids to Get Good Grades Can Backfire – And What to Do Instead

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…