Weekly list of curated personal finance articles from around the web. I do the reading skimming so you don’t have to. Why do lottery winners go broke? (Common Good). In many ways, lottery winners aren’t so different from you or me. Ellary’s bake sale: how I’m learning from my generous child (National Christian Foundation). Great […]
Helping our kids become wise money managers involves more than simply teaching them what to do. If we want the lessons to stick, we have to get their hearts involved. “Guard your heart for it is the wellspring of life.” – Proverbs 4:23 So many of the messages of our consumer culture are aimed squarely […]
Weekly roundup of recommended personal finance articles from around the web. The key to making good financial decisions—connecting with your “future self” (Forbes). If we could get even a little bit better at thinking ahead, we would make all manner of decisions, including financial decisions, better. Swimming pools make you happy (Klement on Investing). Spending […]
Helping our kids learn how to think about and use money in God-glorifying ways involves much more than teaching them about earning, planning, giving, saving, investing, borrowing, and spending. It involves helping them learn how to navigate our consumer culture—how to live in it without becoming of it. Central to that is making sure they […]
There was an interesting debate in the Wall Street Journal in which two personal finance writers squared off on the question in the headline of this post. In favor Manisha Thakor, author of “On My Own Two Feet,” among other personal finance books, favors full financial disclosure—not all at once, of course, but over time […]
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 […]
