I was talking to a friend of mine recently about setting up an allowance program for her six-year-old daughter. Six is the perfect age to get an allowance going. Kids this age understand a lot about money and it’s time to start giving them some responsibility managing some so that they can begin to get into healthy habits. “She’s not interested in money at all,” my friend told me. “She doesn’t like to go shopping and never asks for anything.” I…
For someone who is very interested in his money, mostly because he needs it to fill up his car with gas, Nathan does a pretty bad job of keeping his cash organized. He’s got some in his bathroom drawer, some on the floor of his room, some in his backpack, and some spilling out of the cup holder in his car. And who knows where else. So he decided the other day to collect it all and see how much…
Nathan was headed out to Kragen’s the other day to buy some items for his car. He loves his car and spends a lot of time…and money…on it. I don’t know where this kid came from. The rest of us look at cars as a tool to get us from point A to point B. I asked Nathan why he didn’t get his supplies at Walmart which I was sure would be cheaper. “Yeah, I know Walmart is cheaper. But I love talking…
Nathan and I were “KidsSaving” his recent transactions yesterday. That’s when we reconcile his bank statement with his KidsSave Account. But it’s also when we make sure that his recent charity contributions or other expenses, get recorded. He looked at the balance of his bank statement with wide eyes and said, “That’s all I have in the bank?” It was over $400 so I was a little surprised at his concern. “Haven’t you been keeping track in your registry?” I…
Nathan had one of his friends over the other day. They were chatting about Christmas shopping. Apparently Valerie had most of her shopping done. Nathan – none. He’s not a big shopper. It has been my experience that girls are more apt to buy their friends Christmas gifts than boys…and enjoy the process. I see this in my nieces and in the daughters of my friends. Not so much with any of the boys. And as much as I don’t like generalizing,…