Category Archives: Money and Child Raising

How to Teach Children About Money

How to Teach Children About Money

What we teach our children in their formative years has a huge impact on how responsible and independent they become as adults. Starting them young ensures that they will at the very least have their basics covered.

Knowing the difference between living comfortably and living lavishly is something that we need to teach them since the beginning. Knowing about saving accounts, emergency funds, sinking funds, and different forms of investments might seem like an adult thing, but starting them young doesn’t do any harm.

If anything it will get them interested in handling finances. Teach them using examples because technical terms might get a little confusing in the beginning. Teach them about services like that they can use to get a little help with a quick loan that could be paid up in 90 days.

When I was young, my dad was against loans, so we always got things that were in our budget. When it came to buying a new house, he still didn’t want to get a loan. So, instead of getting a great place, we settled for something else. It wasn’t a good locality so it did more harm to our mental peace than good about having our own home.

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My Daughter is (Almost) One!  (Plus, How to Save on Toddlers)

My Daughter is (Almost) One! (Plus, How to Save on Toddlers)

Tomorrow is Friday, December 13th.  That means several things, depending on how you look at it.  Firstly, it’s Friday the Thirteenth, which means bad luck and potential horror movie villains will abound.  (Well, for most people, but more on that in just a moment.)  Second, it’s a mere twelve days before Christmas, so if you… Continue Reading