It’s Homecoming Week. I know, because for the last week, I’ve had a house full of seniors working on float building, routines, and skits. It’s been crazy but a lot of fun. I’ve enjoyed getting to know a lot more of the senior class. It’s a nice group of kids. Tonight they will get to show off the U.S.S. Seniors during the homecoming game half time show. It’s the boat float they built and comes complete with a beach which…
Here’s the next in my Kids and Money video series: Setting Personal Financial Goals
The cell phone bill came in. It was a little higher than usual, not by much, but enough to get me looking for the reason why. I consider the cell phone bill a fixed expense. Technically, it’s not since there is always the possibility that we could go over minutes at which point the charges skyrocket. I know this. Two teenage boys with their first girlfriends and, well, let’s just say they finally understood what I meant by girls can…
Teaching kids to be wise consumers requires that we have them reflect on their purchases…before they spend the money. And an easy way to do this is to teach them the Three Money Questions: Do I need it? Can I afford it? Does it add value to my life? Do I need it? This gives kids practice in thinking about the difference between needs and wants. If the item is clearly not a need, and for kids this is the…
There was a huge graphic of a cell phone on the front page of the Sacramento Bee this morning. It was all about the love affair tweens and teens have with their cell phones confirmed in a study by Pew Internet and American Life Project. If you have a tween or teen, this is not front-page news to you. But I thought it the perfect opportunity to re-print here a section from Raised for Richness, my parent kids and money…