Parents Can Save Tons of Money While Showing Their Kids How To Save Too!
Thredup.com is a new website with the great concept of saving parents a ton of money on clothing, toys and books for infants and beyond. For more information see the video below or visit their website, it is awesome. You will save lots of money while showing your kids how to save at the same time.
Can your child's teacher, teach him/her about money?
The real issue may have less to do with kids’ ability to absorb
money lessons than with educators’ ability to convey them. In a 2009
survey, Wendy Way and Karen Holden, Human Ecology experts at University
of Wisconsin, found that “while teachers recognize the importance of
teaching personal finance, few have had formal preparation for teaching
this subject matter.” Indeed, just 37% of teachers have taken even a
single personal finance course while in college. Nearly as many now
teach one in high school. Wow. -Posted by Dan Kadlec
Teaching your kids about money early
Earlier is Better – Teaching children about the value
of money has short-term and long-term applications to it. In the short
term, children can start developing savings habits, learn how to shop
smartly and begin to understand the general idea of investing. Long term
advantages include helping your children avoid debt and planning for a
healthy financial future. -Posted by Melissa Rubin
Kids and the economy.
At What Age Should I Teach My Kids About Money?
Many parents want to know at what age should they start teaching their child about money. My answer is at the very moment your child says these magic words, "I want."
Use this time to teach them a very valuable lesson about money. Tell them that Mommy and Daddy earn money by working and maybe they can do an EXTRA chore to earn the amount of money they need to purchase the item they want you to buy.
Use this time to teach them a very valuable lesson about money. Tell them that Mommy and Daddy earn money by working and maybe they can do an EXTRA chore to earn the amount of money they need to purchase the item they want you to buy.
What is your kid saying about the economy?
What are you telling your kids about the economy? Many kids are writing the President asking him to help their parent(s) get a job, staying in their home, and/or help with the stock market. Do they understand what's going on in our economy? Well, the answer should be YES! Kids are feeling the pressure and the stress of what's going on in our world. Make sure you explain how the economy is affecting their life and the lives of others in your family and community.
