Tag Archives: Teaching Kids Money Management

Scams and the Education of Our Children

Ryan just sent me this text message: “Do you think the people I gave money to this morning scammed me?” Ryan went on an early 8-mile run with a group of people this morning. On his way home, he stopped … Continue reading

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5 Easy Steps to Teaching Kids Money the Brain Compatible Way

Turns out, we can actually teach in a way that’s compatible with our brain.   And when we do, interest level increases, retention improves, and confidence builds all leading to more complex learning.  That’s the conclusion of decades of research … Continue reading

Posted in Allowance, Brain Based Learning, Kids and Money, Teachable Money Moments, Teaching Kids Financial Literacy | Tagged , , , , , , | Leave a comment

Kids and Bailouts

As parents we want our kids to grow up to be independent, healthy, happy, and financially secure adults. Getting them there takes a lot of hard work.  But knowing what your goals are can help.  For example, is it one … Continue reading

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Teaching Kids Money: Embracing Mistakes

Nobody likes to make mistakes. They’re annoying, frustrating, and sometimes even embarrassing.  And they often make us feel like we’ve done something wrong.  Unless we change the way we think about them.  And when we do, we can discover that … Continue reading

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Teachable Money Moment: Needs vs. Wants

Needs vs. Wants:  Let’s say you’re in the dentist’s office with your child and you’re waiting for your “turn”.    You pick up a magazine and start flipping through it. This is the perfect opportunity to play the needs vs … Continue reading

Posted in Allowance, Kids and Money, Spending, Teachable Money Moments, Teaching Kids Financial Literacy | Tagged , , , , , , | Leave a comment