In today’s increasingly wired world, children and are becoming internet-savvy at earlier ages than ever before. For this reason, it is essential to provide your children with the guidance needed to protect your financial security both now and in the future. Here are five principles to teach your kids about financial safety online:
As a parent, you should be encouraging your children as often as possible. They should be taught to dream big, but these should be attainable dreams. Ambition is a wonderful quality, especially when encouraged in realistic and safe ways. Here’s how to teach your children to set realistic goals.
It’s the job of every parent to help their kids develop the habits they need to succeed in college. Chores are an excellent way to instill productive behaviors in your kids, but not every chore has to feel like a grueling task. These four habits will help your kids develop the traits they need to succeed in college in a way that they might actually enjoy.
When raising children, it’s been commonly said that “it takes a village.” That’s because parents do the best they can to raise a child who is smart, kind, and has a good head on their shoulders. Although parents do as much as they can, they also rely on others. They can’t be around their child 24/7 and therefore, it’s crucial to find organizations that will further the growth of a child.
It’s never too early to start teaching your child about money and the importance of one simple dollar. By the age of 4, most kids are playing with little cash register sets. Many of them are also doing chores for money, collecting coins in their piggy banks, and learning how to buy things. That’s why you’ll want to teach them early that they can buy as much as they can with just a couple dollars. Children who learn the importance of money at a young age take those values with them into adulthood. Here are just a few ways in which you can get your kid to start thinking about the value their dollar holds.
A successful financial life does not just happen. Every parent must equip their child with the tools necessary to create a financially secure life. Below is a list of 7 tips that will help you teach your child responsibility. These tips will help your child to understand the value of work and how to get the most out of their money and life.
You might wonder how a future or current bankruptcy might affect your children. You and your partner might have talked about how best to broach the topic. You can’t ignore the subject as even young children will get a strong sense that something is wrong. When you and your partner keep quiet about the bankruptcy, you could actually increase the anxiety of your children.
Every parent wants their kid to grow up and be ready to go out and conquer the world. That involves making sure they are ready to get a job, be responsible and manage their money well. It’s not always in your control but you can help your child become financially independent with these 5 simple tips.
If you had pets as a child, then you know how formative an experience raising a pet can be. As parents, we’re always looking for opportunities to guide our kids and to give them the tools they need to be successful in life. Raising pets has a lot to teach children about responsibility, compassion and even loss. In addition to those important lessons, raising pets can be a great way to teach your children about managing money by saving and having them budget pet costs.
We have all heard it before, from the time we were children – you want to start saving for college early. When previous generations had children, they were offered to start bank accounts and trust funds for their children’s college education. Slowly but surely, this has faded out. Now, once a student graduates high school, they’re launched into the adult world and college, in some cases, can be utterly out of the financial question. This is why we are seeing more and more students take out student loans, and in many cases, these students aren’t even able to pay their loans off at a reasonable pace.