If you want your kids to have a healthy financial future, then it’s important that they learn to make good decisions regarding money while they’re still young. By teaching your children about debt from a young age, they’ll learn to understand how to use good debt to better their futures instead of being caught in the downward spiral of bad debt.
While most people tend to use debit and credit cards for their daily transactions and bill paying methods, there comes a time for use of a checking account. If you’re old enough, you may recall being taught how to write checks and balance a checkbook. With the current state of technology, many kids are learning about electronic forms of payment and bank accounts rather than the old school checking account methods.
The holiday season is a time for feeling festive, but sometimes all that cheer can be a bit overwhelming. Creating — and maintaining — a morning routine with your kids during the holidays is a great way to keep stress in check. A morning routine can give you a chance to connect with your kids, tackle to-do lists and enjoy the season of giving. Stress can build up throughout the day, but when you start your day off with intention, you’ll be better able to handle anything the holidays throw your way. Here are a few ideas to help you and your children establish a morning routine to manage stress and stay merry and bright.
Giving kids household chores is a great way to teach them responsibility while also keeping your home clean and organized. The only problem is that it can be tough to motivate the children to perform their chores on a regular basis. If you are struggling to convince your kids to do their assignments, then you need to make it fun and exciting for them. These are the four best ways to turn chores into a game.
As a parent, there are many life skills you need to teach your children: how to do chores, how to budget, and how to handle their time. All of these skills will come together to ensure your children are able to be productive, efficient adults. Keep in mind that no matter what age your children currently are, it’s possible to give them the skills they need to be self-sufficient adults.
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.