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...
We are living in a time when understanding family generations and money is important. For the first time, we have seven living generations on our planet. The oldest was born a century ago. For them, writing a check was high-tech. Today’s youngest generation may...
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...
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...
If you are a parent or grandparent, what are you doing today to prepare the next generation in your family? Are you providing opportunities for your children to learn how to manage money and be responsible for their decisions? Are you starting when they are...
