As more schools require a financial literacy course to graduate, adults continue to believe money education is best learned at home. In a recent survey some 83% of U.S. adults said parents are the most responsible for educating their children on the topic. Here’s the...
When parents describe their kids’ money habits to me, they quickly label them as a money spender or saver. One mom says, “He can’t wait until he gets money.” Another tells me, “She just enjoys having money.” While parents easily identify these spending habits and...
If you want your kids to learn to manage money before they leave home, you will need is an effective allowance strategy that creates good money habits early. Parents, if you don’t teach personal finance lessons to your kids, they likely...
Looking for the best allowance app for your kids? The many choices and configurations available make it a daunting mission indeed. However, sometimes simple is best. Allowance apps do move kids away from cash-only systems by digitizing the money. This helps kids...
Whether your kids’ future includes homeschooling or not, there is one topic best taught in the home. Allowances make the perfect subject for homeschooling. And the most qualified person to teach your kids about money is you. Teach? Finances? To my kids? No way. What...
Kids’ money education starts earlier than you think. Take some advice from Warren Buffett. Start early. How early? Pre-school. To read more of Buffett’s thoughts click here. Most kids can’t read yet, but they know what money is and what it does. Kids see...
