Archive | Teaching Kids

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This Ride to School Brought To You By…

As cash-hungry states look for new sources of revenue, several are now allowing advertisers to put paid messages on the sides of school buses. Currently, seven states allow advertising on school buses: Arizona, Colorado, Massachusetts, New Jersey, Tennessee, Texas, and Utah.  Six others are considering the idea: Florida, Kentucky, Ohio, Oklahoma, Rhode Island, and Washington. […]

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Mint.com’s New Money Game: A Review

Mint.com, the popular budget site, has created an online game to help middle school students learn about money. Designed in partnership with Scholastic, Quest for Money is designed to teach young people about various money management skills such as budgeting and saving money. Since we use Mint.com and are very satisfied with the service, I […]

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Requiring Kids To Earn Their Allowance

When it comes to allowances, there are those who say you should just give kids some money since they’re part of the family. Others say they should earn it. Dave Briggs is in the earn it camp. “I do not believe just giving kids money prepares them for the real world,” he explained. “When you […]

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The Scared-to-Invest Generation

The recession has left workers in their 20s and 30s wary of the stock market.  According to the Employee Benefit Research Institute, the percentage of workers between 25 and 35 who say they have saved for their retirement has fallen by over 20 percent in the last decade.  A Newsweek article about the research noted […]

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Encouraging Your Kids to be Entrepreneurs

There was a good post on Get Rich Slowly recently about fanning the entrepreneurial flames in your kids.  The author suggested connecting money making ideas with your kids’ interests (as opposed to just making money for the sake of making money), supervising the set-up of their business but giving them enough room to fail since […]

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The Lawn Mowing Millionaire

If your child plans to work a summer job, encourage him or her to open a Roth IRA.  According to a Mainstreet.com article, money you pay your child for chores won’t qualify, but money the child earns mowing other people’s lawns, babysitting, working a paper route, and many other jobs probably will. A Roth IRA […]

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Teaching Kids to Feed the Pig

Looking for ways to teach your kids about money?  Consumer Reports recently highlighted “Feed the Pig for Tweens,” a financial literacy program for 4th through 6th graders.  The free program teaches kids how to save, spend smart, and distinguish between needs and wants.  Teachers can use the materials in their classes or parents can use […]

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A Mom’s Final Advice on Money

Anyone who has lost someone they love will tell you that holidays bring back some of their strongest memories of those people.  That’s certainly true for me.  So, with Mother’s Day this weekend, I’ve been thinking about my mom who passed away in December of 2003.  This year brought back a memory of a conversation […]

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