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…
I had the pleasure of a phone conversation with my 5-year old niece, Olivia, the other night. We were chatting about her first weeks in Kindergarten. Apparently, Ian had brought in a pretty nifty coin collection because she talked about it for about a minute, which, if you know anything about five-year-olds, is a pretty long time for any one topic! So that led to a discussion (albeit, short) on money. I asked her what she knew about money. “You buy stuff…
“Uh oh,” said Gabby after tallying the Are You More of a Savor or a Spender? questions during my 5/6 money class yesterday. She had answered every single spending question with a ‘yes’ which translated to: she liked to spend. Hanging at the mall, well that was paradise. And she’s only 10 years old. A lot of parents don’t realize the potential problem in their kids’ spending habits because, hey, they’re just kids and what kid doesn’t like to…