Kids & Money

Giving your child an allowance will help him or her develop a sense of responsibility and experience handling money.

Too often young adults learn about debt and the importance of establishing good credit the hard way--by digging themselves out of a hole. Instill the value of saving versus spending and you'll...

Even though there may seem to be more month than money, parents are often tempted to haul out the credit card when our children start showing signs of boredom or restlessness. Entertaining kids...

Teaching financial responsibility to children will give them the financial foundation they need to act sensibly as adults. Studies show that people who learn financial responsibility at a young...

Child tax credit gives you extra money to support your children, in addition to child benefits. The following steps show how you can qualify.

You can teach your children a solid work ethic during their formative years and they will retain the lesson for the rest of their lives. Follow these steps to teach these valuable lessons at home.

You don't have to earn a degree in finance in order to teach your kids how to manage money. As long as you have a little know-how, patience and the willingness to repeat money-managing concepts to...

There is no doubt that owning a business is the way to prosperity these days. Working 9-to-5 no longer offers the security it did in the days of old. But you can teach your children to be flexible...

If you live in the Boston area and you have kids, you may be interested in finding free events for your kids. There are some great resources in the Boston area to help you find fun for free or at...

The way people handle their money as adults is strongly related to how they are taught to handle money as children. A good way to teach kids to manage their money is to have them handle their...

Teaching children to become savers is an important lesson, and one that will pay big dividends down the road. Teach your children well, and they will be the savvy investors of the future, and you...

In the days before credit cards and Internet shopping, life lessons about finances were simple. As long as kids learned that money didn't grow on trees and that you usually got what you paid for,...

Teaching your kids to be financially independent is in their best interest and something they must learn from their parents. Follow these steps to teach them the lessons that will serve them well...

Credit is defined as payments that are deferred. Deferred means buying now and paying later. A creditor extends goods or services on terms and agreement of repayment that are legally binding. The...

Saving money is an important concept to teach children. Many families not only teach their kids how to save, but also how to tithe (give back) 10 percent of the money they earn to God via a...

Opinions on determining allowance couldn't be more varied. Some parents don't believe in giving an allowance at all, some believe that it should be given in reward for chores, while others believe...

Teaching children to have healthy attitudes toward money is one of the most important things that parents can do. If children can learn some important key financial concepts, they will be able to...

Kinship care financial assistance is available to those whom have assumed responsibility of a relative's child or children. Types of assistance include housing assistance, health services and...

Starting your children on the right financial path is a parent's greatest challenge. Many college age students and recent graduates already live well beyond their means and have large credit card...

Folks it's nearing December and for many that means one thing; not Christmas but the white menace. Dads it is time to teach your child how to shovel the snow and for you to put away the snow shovel

It's important to teach kids the value of the dollar. Most children will not want to save their money, but will want to spend it as quickly as they get it. Learning to save money is a skill they...

One of parents’ frustrations is kids wanting things without understanding that “money does not grow on trees”. The dilemma of whether or not to explain to kids about money, bills and finances...

Help your child learn dollars and sense by giving them an allowance. Many financial and child-raising experts agree that a child's weekly pocket money can provide them with the financial skills...

Around the holidays parents of small children generally feel obligated to send some sort of treat to their child's class. Treat bags are an easy and inexpensive way to let your children know that...

Teaching children to budget is one of the best lessons they can learn. If you teach them early, you won't have to worry about them as adults--at least on money matters. Most children expect...

Ever wonder how to teach children about the power of earning interest? This article gives a simple technique that worked really well with my children.

Find out how you can teach your kids valuable lessons about charitable giving. It doesn't take millions of dollars or a significant amount of time. Small steps can make all the difference, and...

Most families don't discuss money management and finances openly, which might explain why kids today grow up without knowing anything about balancing a checkbook, saving for the future or managing...

Parents know that children's clothing can be expensive and grown out of quickly. Hosting a clothing exchange with family and friends is a great way to keep the recurring cost of purchasing new...

Would you like to control your kids' TV, video game, and computer time? This method will teach children about making good media choices, helping with housework, and earning money.

Teaching children about investing and business at a young age can greatly help them in school and later in life. In this article, I'll provide some ideas and activities that can help in this process.

You don't have to have a big budget to keep your family dressed in nice clothes. Especially in a house with very young children, you can join in on the recycling clothes bandwagon. There are...

There’s a major problem with college students racking high credit card bills. This is in part due to some unfair practices on the part of credit card companies, but it’s also because young people...

Most people claim that it is easy to get off welfare, but these are not the people in dire need of assistance. Every once in a while you hear a heartwarming story of the single mom down the road...

Kids enjoy having spending money just as much as adults. Sometimes it isn't as easy for a kid to earn money, but there are a lot of odd jobs that kids can do well. It helps teach kids...

With the subtle pressure to “keep up with the Joneses,” we’ve lost the blessing of simple pleasures. I’m still amazed at how beautiful a sunset can look while sitting on the foothills of the Rocky...

Setting up an alternative allowance for your children is a good system, but everyone must be on board with the idea. Present it to your children and see if they are happy with it. Instead of...

Your children want more toys and more stuff to play with, but their room and your house is already overcrowded. Luckily, your children can get money to buy more stuff as they rid the house of...

Giving children a weekly allowance is a great way to teach them money management. There are different ways to give allowance, depending on the age and maturity of the child. Here are some tips...

Children are ready to learn how to handle an allowance usually by the age of five. It’s a good idea to link allowance payments with the performance of simple household tasks. Here are some ways to...

Ever wanted to keep your children from making the same mistakes you have made? If so, this article is for you. Teach your children that if they work they get paid, if they don't work they don't...

Doesn’t everyone wish that they knew then what they have learnt over those painful years of money strategies; they would be rich. We all know that money is hard to get, hard to keep, and makes the...

If you are considering staying at home and leaving your job. Here are some ideas to head you in the right direction.

It’s never too early to start a good habit like budgeting money, and you can make it a fun exercise with your child. There are simple, real-world ways that you can illustrate points to them and at...

You want something, but your mother won't let you have it. You've asked and she said you don't "need" it. However, there are things you can do to get what you want. There's a fine art to...

The number of young adults claiming bankruptcy (in addition to poor credit card use) indicates that many children today are not being taught how to handle money responsibly. A "have now, pay...

It is extremely hard for low income families to afford to live. Lately you have to get a third job just to put gas in your car. Having small children makes it that much harder. Here are a few...

It is important to teach our kids the value of money but keeping it simple is sometimes the biggest challenge. Here are the steps we use to keep it as simple as possible when teaching your kids...

If you're a parent, chances are good that at some point you'll hear the words, "Can I have an allowance?" Kids discover fairly early on that having money of their own gives them the power to buy...

Of all the people you know that are good at saving money, how many of them were taught how to save at an early age? Probably the majority. Here are some tips you can use to teach even the youngest...