There are three important things that I learned while teaching my kids money smarts. Money Smart Lesson #1: There Is Very Little That We Truly Need My kids chide me about my old car — a 2002 Honda CRV. Following soccer practice, my daughter asked why I don’t get a new car (like […]
How an Allowance Can Prevent Your Teenager from Breaking an iPhone – AGAIN! What makes a great neighborhood party guest? The neighbor with the scoop on local gossip? A foodie willing to share the best new restaurant? A fellah with thoughts on how to keep kids from busting their pricey smartphones? Beyonce? Although […]
Start financial literacy lessons early — and I don’t mean as a Freshman in high school. Research suggests you should teach kids to be wary of consumer products and spending from a very young age — early elementary or even preschool. “Parents’ influence on their children’s understanding of money management begins early…before they […]
One of my daughter’s first savings goals was for a Razor scooter. I remember walking with her to make that purchase almost seven years ago now. She was initially distracted by the Dora the Explorer version of the scooter, which gave us a chance to talk about product quality (i.e.: Dora’s image and branding didn’t necessarily equate […]
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“Let me please introduce myself. I’m a man of wealth and taste.” I am listening to the Rolling Stone’s “Sympathy for the Devil” as I craft this post. Over and over again, in fact. I’m reasonably sure that I heard about this form of concentration strategy on Tim Ferriss’ podcast, but I […]
