Learn more about moneyandinvestments with this collection
How to develop a healthy relationship with money
How to create a budget
The impact of emotions on financial decisions
Allowances as powerful learning tools for children growing up. It gives your child the opportunity to manage their own money while still having you as a guide during the times they falter.
However, with this in mind it is important to know your kid and how much allowance you can shell out. Moreover, the terms of the allowance must be clear-cut: Will their allowance be based off on their behavior, chores, or neither? Should they save a specific amount of their allowance?
Knowing all these boundaries you are teaching the children involved thus setting them up for financial literacy.
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159 reads
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There’s no such thing as “too late”
Children are impacted by their parent’s finances and financial decisions regardless whether they like it or not.
When parents are transparent about their money choices, they’re teaching their children the basics or even so much more...
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152 reads
Saving is one of the most important financial habits to instill early on, in fact, the earlier the better.
Kids can start learning how to save money if you teach them how to save using a piggy bank or a give-spend-save bank. Through this they can start thinking about goal-s...
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132 reads
Talking about money within the family is still taboo in many places, yet the discussion doesn’t have to be dead serious.
Taking the time to talk to the family about the financial situation and how to manage them where everyone gets to have a say is setting up everyone to contribute ...
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209 reads
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The awkward kid may say or do things that others will interpret negatively - such as correcting people's grammar or strictly sticking to rules and routines (which helps them to function but could be perceived as stiff).
Parents can do the following:
We start out knowing only about being loved. To the child, it feels as if the parent is spontaneously on hand to comfort, guide, entertain, feed and clear up while remaining almost always warm and cheerful.
Plenty of parents don’t reveal how often they have bitten their tongue, fought...
Every story should have a beginning, a middle, and an end. Every story should also include a conflict and a resolution.
If you need a bit of help, folk tales can be an excellent source material to save you the mental effort of coming up with an original story. Stories from...
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