Last week’s post about giving a money book to your young kids prompted some requests for recommended books for older kids, which is what this article is all about. The suggested age ranges are in parentheses. Story-based books A key difference between money books for young kids and money books for older kids is that […]
If you’re the parent of school-age children, the start of summer vacation marks a big change in routine. Suddenly, the kids have a lot more time on their hands. You’re probably already building in some extra reading time, and many libraries offer rewards for kids who read certain numbers of books. Make sure there are […]
Weekly roundup of recommended personal finance articles from around the web. Embracing the freedom of no (Becoming Minimalist). “Every choice we make has an opportunity cost, and the currency we’re trading is not just our money—it’s our time, energy, and attention.” Money isn’t real (Fast Company). “Money can solve money problems. It can’t solve life […]
Over the last several years, I’ve been doing a lot of thinking about teaching kids how to invest. There is so much potential good that could come about by getting kids started with investing as soon as possible. In a practical sense, they have an abundance of one of the most important ingredients for compounding […]
Weekly roundup of recommended personal finance articles from around the web. I’m trying a waiting period and I like it (MoneyNing). There’s power in a pause. The case for financial literacy education (NPR). It’s helpful when schools teach about personal finance, but parents are the best teachers for this topic. Credit card rewards programs can […]
If you’re going to help your kids learn about money, getting them started is one thing; keeping them going is another. Motivation can wane. That’s what seemed to be happening the other night with one of our kids when he opened up a conversation about investing. Don’t get me wrong. It’s not like the wheels […]
Weekly roundup of recommended personal finance articles from around the web. Married couples who merge finances may be happier, stay together longer (Science Daily). The research is in: “Married couples who have joint bank accounts not only have better relationships, but they fight less over money and feel better about how household finances are handled.” […]
People who don’t use a budget often cringe at the mere mention of the word. They think of a budget as something you go on, like a diet. “We can’t go skiing this winter—we’re on a budget.” They think of a budget as being about less—less freedom less spending, and less fun. But a budget […]
Weekly roundup of recommended personal finance articles from around the web. Giving from the heart really matters (Eternal Perspective Ministries). I love this article. There’s something very inspiring about young kids who develop hearts of compassion and put that compassion into action. Three ways to teach your kids to save money (Kiplinger). Some good examples […]
Whatever you do, work at it with all your heart, as working for the Lord, not for human masters, since you know that you will receive an inheritance from the Lord as a reward. It is the Lord Christ you are serving. – Colossians 3:23-24 I once heard the late Habitat for Humanity ministry founder Millard Fuller tell […]
