Teaching kids about money is only one element of parenting. But it’s part of a whole package. Everyone – including parents and including kids – is going to have strengths and weaknesses. We all grow as individuals if we can build on our strengths and do our best to mitigate our weaknesses. Child need parenting [...]
Filed under: Teaching Money Smarts to Your Kids | Tagged: allowance, responsibility, Teenagers | Leave a Comment »
There continues to be quite a bit of hubbub about the condition of the mortgage industry. Just how concerned should the average person be? Let’s use the analogy of a car wreck on a major road.
Assuming you weren’t in the accident, the traffic that has slowed down on both sides of the road will [...]
Filed under: Current Events | Tagged: borrowing, loans, mortgage crisis, mortgages | Leave a Comment »
Parents want to know when the right time is to pay allowance. It’s sort of like knowing when the right time is to get married or have kids. It depends on the family and on the individual kids.
For most kids, when they are aware that things cost money, they’re ready to have some money [...]
Filed under: Teaching Money Smarts to Your Kids | Tagged: allowance, family budget, kids and money | Leave a Comment »
