Financial Education for Kids: The Grow Jar
When your kid hits her tween years, it might be time to incorporate a Grow jar to go along with your Share, Save and Spend Smart jars. It’s time…
A Strategy to Minimize Impulse Purchases
“Delaying consumption does not drive people to unmitigated self-denial. Rather, it drives them to maximize their happiness, whatever form that takes.” from Happy Money Two big themes in…
Kids Do What We Do: Restraint and Financial Education for Kids
“We are NOT living in a 300-square-foot apartment,” noted my wife this morning. “Of course not, honey,” I noted. “That was for a couple. We’ll need 600 for our…
Financial Education for Kids Thought for the Day: Starting Financial Education for Kids Early May Help Them Learn Self-Control
Getting kids started on the financial education path early is strongly suggested by research. Inhibition is “the ability to stay focused on a task in the face of internal and external…
Financial Education for Kids Thought for the Day: Start as Early as Possible
I am reviewing some of the incredibly useful youth financial literacy research as I prepare my Foundation FOCUS Summit talk next week. Take a gander at this poignant passage from “The Effectiveness…
Financial Education for Kids Thought for the Day: Why You Don’t Need to Tie Chores to Your Kids’ Allowance
“Why shouldn’t I tie chores to allowance?” This is a question I am commonly asked. Chores are an important part of growing up. They will help your kids learn…
Allowance 3.0: A 3-Step Plan to Increase Money Responsibility for Your Tween
The endless holiday parties are finally over, and by now you’re probably trying to shed your holiday handles, still trying to figure out how to connect your latest gadget…
6 Very Effective Ways to Start to Teach Your Kids About Money
The holidays will be over before we know it. We’ll collectively transition into making resolutions and planning for the New Year. If you’re a reader of this blog, I imagine…
4 Easy Ways the Money Mammals Financial Literacy Apps and More Can Teach Your Kids – Or Even Your Students – About Money Smarts and Make Financial Literacy for Kids Fun
My goal from the start of this journey has been to help parents raise a generation of money-smart kids. We’ve strived to make money-smart learning as fun as possible…
Life, Liberty and the Pursuit of Happiness: Reflecting on What Is Meaningful to Your Family When It Comes to Money
I am in the middle of reading Ramit Sethi’s book, I Will Teach You To Be Rich. He has a lot of excellent practical advice, but one of his recommended…
