Basics of Allowance Banking: Money Saving Advice for Children
When it comes to handing over the cash, most experts say to pay the children with tangible money. This makes the concept of accumulation easy to grasp, particularly if you use transparent jars to store...
View ArticleCoins, Bills and Cash: Teaching Kids about Money
When teaching kids about money, at what age do you begin directly introducing your child to tangible money? In my survey of financial education literature, I found that the average age recommended was...
View ArticleThree Easy Rules to Teach Kids About Money
Efforts to teach kids about money can often be a difficult and touchy situation. However, educating your children about handling their personal finances is something you need to get a jump on – sooner...
View ArticleHow Much Should Your Child Know About Your Finances?
How much should your child know about your personal finances? One body of thought says that children should be privy to every detail of their family’s financial reality. These experts recommend that at...
View ArticleTeaching Your Child the Difference Between Wants and Needs
At some point your child has probably observed you making a purchase (probably daily!). Maybe you’ve even practiced playing “shop” with them as a way to introduce them to how to use cash. Either way,...
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Daddy Daughter Take Two: The Abby Edition
After my successful daddy/daughter business trip with Susie last year, my younger daughter, Abby, immediately began begging to go on her own trip with me. My wife and I both felt that Abby was a little...
View ArticleBook Review: “Strangers in Paradise”– Wealth Preservation Within Families
Book Review: Strangers in Paradise: How Families Across to Wealth Across Generations by James Grubman Category: Inheriting Wealth What it’s all about: There are many books that deal with the idea of...
View ArticleRedefining Christmas Spirit
Last year I wrote about one of my family’s holiday gift-giving traditions and wanted to revisit the idea this year before we get into the swing of the holidays. It is easy for the holidays to become...
View ArticleWhy You Should Teach Your Employees About Money
Not everyone is lucky enough to have parents that prioritized teaching them about money. I ran into this problem with employees at my publishing business. This post explains why it’s important to make...
View ArticleFinding Good Examples for Your Child: Ryan Broyles
It can be difficult to find positive money role models for your children. After all, we live in a culture that pushes consumerism. Whether it’s billboards or TV ads or Justin Bieber’s latest Ferrari,...
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