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		<title>How To Make Money For Kids During The Current Period</title>
		<link>http://www.teaching-kids-about-money.com/how-to-make-money-for-kids-during-the-current-period/</link>
		<comments>http://www.teaching-kids-about-money.com/how-to-make-money-for-kids-during-the-current-period/#comments</comments>
		<pubDate>Fri, 14 Oct 2011 04:01:02 +0000</pubDate>
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		<category><![CDATA[How To Make Money For Kids During The Current Period]]></category>

		<guid isPermaLink="false">http://www.teaching-kids-about-money.com/?p=2074</guid>
		<description><![CDATA[There are many factors that determine the aspect of how to make money for kids during the contemporary period. Orphans and vulnerable children are not able to work for themselves but they still need basic things in their life. As such, there are different methods that can be implemented in order to raise money that [...]]]></description>
			<content:encoded><![CDATA[<p>There are many factors that determine the aspect of how to make money for kids during the contemporary period. Orphans and vulnerable children are not able to work for themselves but they still need basic things in their life. As such, there are different methods that can be implemented in order to raise money that can be used for their upkeep and this can be done in a noble way.</p>
<p>Money can be raised through fund raising activities such as road shows. There are different organizations that specialize in looking after disadvantaged children and these can organize sponsored walks with the aim of raining cash that can be used for buying basic things for children. The organizations can approach different individuals as well as businesses and these can positively respond to their cause.</p>
<p>The other method that can be implemented is to host social games such as soccer or basketball among others. Such games can be sponsored by business people and they are capable of generating cash since this is a form of entertainment to people of all age groups. A certain entrance fee can be charged as a way of generating cash from such activities.</p>
<p>Another noble way of raising cash for children is to host draws where the lucky winners can be given different prizes. All the participants will have to pay first in order to qualify to join the draw. Since people will be in a better position to get something, there are likely chances that such draws can attract many participants and this can lead to more revenue being generated.</p>
<p>Organizations that deal with issues related to kids can also ask for donations from different businesses. Providing for the less privileged children in society is a noble activity and there are likely chances that different people can positively respond by donating cash.</p>
<p>The other method of raising cash for children is to stock and sell different items such as toys or other wares that are capable of selling fast. Such items can be sold at lower prices so as to attract as many buyers as possible. Things that are liked most by children can also be sold and these are capable of generating more income which can be used for the benefit of affected individuals.</p>
<p>Competitions such as beauty contests can also be organized with the aim of raising cash for children. These can be hosted in relation to different occasions and they can involve different people from all walks of life though they will be primarily meant for generating cash for children. Entrance fees will also be applied to all people attending such events and this greatly helps in raising funds for the children.</p>
<p>Basically, vulnerable children cannot work for themselves but they require basic things for their survival. As such, various measures can be put in place in order to raise funds that can be used specifically for these children. Therefore, it can be noted that there are different ways that can be taken with regards to the issue of how to make money for kids.</p>


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		<title>How To Make Money As A Teenager</title>
		<link>http://www.teaching-kids-about-money.com/how-to-make-money-as-a-teenager/</link>
		<comments>http://www.teaching-kids-about-money.com/how-to-make-money-as-a-teenager/#comments</comments>
		<pubDate>Fri, 07 Oct 2011 03:59:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Earning]]></category>
		<category><![CDATA[How To Make Money As A Teenager]]></category>

		<guid isPermaLink="false">http://www.teaching-kids-about-money.com/?p=2072</guid>
		<description><![CDATA[There are various methods on how to make money as a teenager and in most cases it just comes down to how inventive they are or how hard they are willing to work for this cash. There is no doubt however that with a bit of effort they can easily add some extra cash to [...]]]></description>
			<content:encoded><![CDATA[<p>There are various methods on how to make money as a teenager and in most cases it just comes down to how inventive they are or how hard they are willing to work for this cash. There is no doubt however that with a bit of effort they can easily add some extra cash to the pocket money that they get from their parents.</p>
<p>A popular way is to offer neighbors to wash their cars and this can mean on a nice sunny day they can make a fair amount depending on where they live and how fast they work. This does not take much to set up as you only need a bucket, sponge, some soap, and the ability to rinse it off and you are good to go and it also does not take that long to do a single vehicle.</p>
<p>Perhaps the most common way, or most well known method, is to get a paper round but this is perhaps best if the early starts are not going to be a problem. They also need to go out in any weather at all but if they are able to get past these problems then there is the potential to earn some reasonable cash on a weekly basis.</p>
<p>During the summer months another alternative is to offer to cut lawns for different people especially those in their area that are busy working during the day. They often do not want to then go and cut their lawn at night or the weekend as they would prefer to do other, nicer things so there is the chance of making some cash by either using their lawnmower or getting your own.</p>
<p>Washing windows for people is another cheap way to earn some cash as again all you need are a few tools and you can get started. This is a chore that a lot of people hate doing and there are actually some people that have made a fortune from this kind of thing and cleaning windows does not have to take an age either meaning you can get a few done in just a matter of hours.</p>
<p>Depending on their actual age it may be possible to get a part time job working a few hours on a weekend in a local store. There are a range of places that may be looking for extra staff and this can actually be very good experience for later on in their lives as they learn how to deal with the public and answer any enquiries that they may have.</p>
<p>They can of course combine several of these ideas as obviously some are better suited to the better weather than others. Working together with other teenagers can also mean they get more done and earn more cash but of course it then has to be split two ways which may put some people off.</p>
<p>There are therefore various ways on how to make money as a teenager and it just comes down to how willing they are to work and how creative they are in coming up with ways to earn cash. These are just a few of the more common ones out there but it varies depending on where they live.</p>


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		<title>How To Get Money Fast For Kids</title>
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		<pubDate>Fri, 30 Sep 2011 03:58:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Earning]]></category>
		<category><![CDATA[How To Get Money Fast For Kids]]></category>

		<guid isPermaLink="false">http://www.teaching-kids-about-money.com/?p=2070</guid>
		<description><![CDATA[There are various things that can be taken into consideration in relation to the element of how to get money fast for kids nowadays. Some children are in difficult situations such as being orphans and some of them may not have places to stay. The major problem is that children in this predicament cannot fend [...]]]></description>
			<content:encoded><![CDATA[<p>There are various things that can be taken into consideration in relation to the element of how to get money fast for kids nowadays. Some children are in difficult situations such as being orphans and some of them may not have places to stay. The major problem is that children in this predicament cannot fend for themselves.</p>
<p>There are different steps that can be put in place in order to make cash fast for the children. People who deal with issues related to children can ask for cash donations from business people. Other people can also be generous to the extent that they can give some money to support this noble idea of helping the needy children in society. Not all children have equal opportunities and this can compel different people to donate cash for this cause.</p>
<p>The other way of creating quick revenue for young people is to promote entertainment activities such as dancing. This is meant to entertain people and such activities are likely to appeal to the interests of many individuals. Attendance fees have to be applied to all people interested in such shows which can be held periodically.</p>
<p>Social sites can also be used by different organizations to appeal to people to give cash in support of activities that are meant to benefit the kids. The internet is used by many people and these are likely to respond in a positive way to issues related to supporting kids who may be vulnerable or less privileged in society.</p>
<p>Items which sell fast can be offered to different people as they can generate quick funds for the kids. Things such as sweets and chocolates are liked by children as well as adult people and these often attract high sales volumes and they are capable of generating more money in a short period.</p>
<p>Door to door campaigns are also effective in as much as making quick money for the kids is concerned. Though some people can give little money, it can be noted that it will be very useful if many individuals extend their hands towards this important aspect. People are likely to respond positively in a face to face situation if a good approach is used by those responsible for this business.</p>
<p>The other strategy of making quick cash for children is to create income generating projects. Small businesses such as operating tuck shops can guarantee the responsible people for continual income since there are likely chances that different buyers will buy various products offered. The advantage of this strategy is that it promotes self reliance where the responsible organizations do not need to depend on donations every time.</p>
<p>Over and above, it can be observed that there are different steps that can be put in place in order to raise funds to support the children in need. Certain considerations with regards to the issue of how to get money fast for kids have to be put in place in order to make sure funds can be raised in a short period.</p>


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		<title>How To Earn Money Fast For Kids</title>
		<link>http://www.teaching-kids-about-money.com/how-to-earn-money-fast-for-kids/</link>
		<comments>http://www.teaching-kids-about-money.com/how-to-earn-money-fast-for-kids/#comments</comments>
		<pubDate>Fri, 23 Sep 2011 03:56:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Earning]]></category>
		<category><![CDATA[how to earn money fast for kids]]></category>

		<guid isPermaLink="false">http://www.teaching-kids-about-money.com/?p=2068</guid>
		<description><![CDATA[Most children have learnt not to depend so much on their parents for allowances. There are several opportunities which kids can harness so that they can get some extra cash which will supplement the little amount given to them by the parents. In this article we are going to see how to earn money fast [...]]]></description>
			<content:encoded><![CDATA[<p>Most children have learnt not to depend so much on their parents for allowances. There are several opportunities which kids can harness so that they can get some extra cash which will supplement the little amount given to them by the parents. In this article we are going to see how to earn money fast for kids. Some of the best prospects are discussed here.</p>
<p>Children can work as babysitters for other little kids. This is a very common chance for the kid to make some money, this is because naturally children tend to like being around other smaller babies whom they can play and learn some other things with. Kids who are willing to offer this service can come together to form a bigger babysitting service where working parent bring their toddlers to be taken care of. The children in this case could need the supervision of an adult so as to avoid mischief.</p>
<p>Helping parents around the house is also a very good opportunity for the youngsters to make some few pennies for themselves. This can include helping clean some areas which do not require thorough cleaning for example the pavements or walkways or even raking leaves off the lawn or the garden. The teens are then rewarded by their parents or even the neighbors whom they have assisted. By doing this they can accumulate money which they will need later.</p>
<p>Teenagers can also start their own businesses for example they can open a lemonade stand during the summer holidays when the weather is hot. They will sell these drinks to people in the parks or by the roadside during the afternoons when people need refreshments. Selling stuff at school for example water is a viable option so long as they have the permission from teachers.</p>
<p>They could even do their own open yard sale where they sell stuffs which they no longer need. These can include toys, clothes that no longer fit them and other things that are seen fit for sale by their parents. Auctioning their own art is also profitable given that the kid is gifted at drawing or painting.</p>
<p>Children can organize themselves during the holidays or even during the weekends so that they can offer car washing services in their neighborhoods. To attract a lot of customers they could lower their prices a little so that they can have an edge over professional competitors. Incorporation of other activities such as selling of drinks and snacks to the owners of the vehicles as they wait for their cars to be cleaned is possible.</p>
<p>Animal caretaking and pet sitting are also some of the lucrative jobs that are easily available. The youngsters can offer to walk a neighbors dog during the evenings for some fee. When neighbors or relatives and even friends who live nearby go on vacation the teens can request to take care of their homes and pets in exchange for some little money.</p>
<p>During the winter, the walkways and driveways are usually blocked hence will need shoveling. A group of kids can work together to provide these services to the whole neighborhood in exchange for payment. The parents should ensure that the children are properly dressed in protective gear that will shield them from cold.</p>
<p>Listed above are just but some of the opportunities that youngsters can take advantage to earn themselves some little income. However parents must always be careful whom their kids interact with so as to prevent criminals from taking advantage of the teens naivety.</p>


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		<title>The Most Easy Ways To Make Money For Kids</title>
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		<pubDate>Fri, 16 Sep 2011 03:56:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Earning]]></category>
		<category><![CDATA[Easy Ways To Make Money For Kids]]></category>

		<guid isPermaLink="false">http://www.teaching-kids-about-money.com/?p=2066</guid>
		<description><![CDATA[There are several jobs these days that are available for children to do. This will make them earn some extra income which they can use to buy themselves a lot of stuff or even use them as school allowance thus reduce their dependence on parents. In this article we are going to see some of [...]]]></description>
			<content:encoded><![CDATA[<p>There are several jobs these days that are available for children to do. This will make them earn some extra income which they can use to buy themselves a lot of stuff or even use them as school allowance thus reduce their dependence on parents. In this article we are going to see some of the easy ways to make money for kids. The teenagers can undertake some of these chores during their free time mostly during holidays or even weekends.</p>
<p>Kids can help the parents and neighbors with several house works. They can help scrub mats, pavements and walkways. These are activities that do not require much expertise thus can be done satisfactorily by children rather than parents hiring other people who m they will end up paying a lot of money. Cleaning of windows is also very simple and youngsters can help in order to earn some extra income.</p>
<p>Baby sitting is another common task which can be undertaken by kids without any problem as long as the children are of proper age. Kids enjoy spending time with fellow children hence it will greatly benefit teenagers if they can use this to get some money. A group of kids can form a daycare center during the holidays where parents who cannot find time to take care of their babies can drop them by as they leave for work or other activities.</p>
<p>Conducting yard sales during the weekends is also very lucrative business. The youngsters can sell their unwanted stuff to other teens who want them at a pocket friendly price. They can advertise their products at school so that many teens can turn up for the auction. These items to be sold could include old toys, clothing and bicycles among others. Parents though need to monitor them so that useful stuff from the house may not be sold.</p>
<p>Starting a business is also a very wise idea. Youngsters can set up lemonade stands during hot summers within parks and during family fun days. They can also include snacks and other refreshments that are homemade and cheap. Selling of stuff like refreshments within the school is okay given that they have obtained permission from the teachers.</p>
<p>Opening a carwash could also prove to be a very good way of raising some little money. The kids from the neighborhood can form a small group where they offer cleaning services to the residents of that area and even passersby. The parents can help them obtain cleaning equipment so that the clients are satisfied.</p>
<p>The teenagers can even offer to take care of a neighbors house or even pet sit for them. Take an example of a family that have left for holiday, instead of hiring someone to take care of their pets and their house they can just offer the job to a willing neighbors child who will use the opportunity to make himself or herself some little cash.</p>
<p>Children can also help clean walkways and other paths passing through their residential areas during winter. This is because at these times most of the roads are covered with snow. This in the end will benefit the society and the children.</p>
<p>For the teens who have decide to undertake these lucrative deals, they can improve their competitiveness by advertising their service through printing of flyers which they distribute within the neighborhood and school.</p>


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		<title>Teaching Kids About Money- 3 Tips</title>
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		<comments>http://www.teaching-kids-about-money.com/teaching-kids-about-money-3-tips/#comments</comments>
		<pubDate>Sat, 23 Apr 2011 01:37:04 +0000</pubDate>
		<dc:creator>Darren</dc:creator>
				<category><![CDATA[Teach]]></category>
		<category><![CDATA[teaching kids about money]]></category>

		<guid isPermaLink="false">http://www.teaching-kids-about-money.com/?p=1800</guid>
		<description><![CDATA[Many of our schools do not get to teach our children on how to use cash. This is quite disappointing since in our world today everything revolves around money. A single day cannot pass by without spending especially if you have to feed. Educating our children about money matters can mean the difference between their [...]]]></description>
			<content:encoded><![CDATA[<p>Many of our schools do not get to teach our children on how to use cash. This is quite disappointing since in our world today everything revolves around money. A single day cannot pass by without spending especially if you have to feed. Educating our children about money matters can mean the difference between their success and failure in life. Statistics show that most people are in huge debts since they do not know how-to handle the little that they got. The burden is left to us parents to <a href="http://www.teaching-kids-about-money.com/education">teaching kids about money</a>. Below are some tips that you can use.</p>
<p>The first tip is to relate their lifestyle dreams to cash. When teaching then, focusing mainly on cash will definitely turn them off. The children do not focus on just that but want to know what it allows them to do.</p>
<p>So with that in mind it is important that you get to spend more time explaining what they can use it for wisely. Before you start lecturing them on this, it is important that you are able to establish their personal dreams. You should also be able to find out how they want to spend their day to day life.</p>
<p>The second tip is trying to help them recognize opportunity. One can simply start by educating their children on the existent market cycles. You equip them with the ability of being able to take advantage of trends. They will be able to understand how to make a lot of capital by taking advantage of these cycles.</p>
<p>The third tip would be to teach them on saving. Educate them on the importance of budgets and how to come up with an effective budget plan. You should be able to equip them with the most appropriate spending and saving habits.</p>
<p>When teaching kids about money the most important factor is the approach. With the above tips you will definitely be able to get some sense into the children. Try them and you will never regret it.</p>
<p>What do you think about the above? You are welcome to share your comment, experiences and questions below.</p>
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		<title>What To Know About Saving For Children</title>
		<link>http://www.teaching-kids-about-money.com/what-to-know-about-saving-for-children/</link>
		<comments>http://www.teaching-kids-about-money.com/what-to-know-about-saving-for-children/#comments</comments>
		<pubDate>Mon, 18 Apr 2011 22:33:37 +0000</pubDate>
		<dc:creator>Darren</dc:creator>
				<category><![CDATA[Saving]]></category>
		<category><![CDATA[saving for children]]></category>

		<guid isPermaLink="false">http://www.teaching-kids-about-money.com/?p=1581</guid>
		<description><![CDATA[Saving instead of spending everything is a very important habit to develop. Kids don&#8217;t have as much money as adults, but if they can develop this habit early, they should be better prepared for times when they have substantial funds. Here are some ideas that can support saving for children. It is best for a [...]]]></description>
			<content:encoded><![CDATA[<p>Saving instead of spending everything is a very important habit to develop. Kids don&#8217;t have as much money as adults, but if they can develop this habit early, they should be better prepared for times when they have substantial funds. Here are some ideas that can support <a href="http://www.teaching-kids-about-money.com/saving">saving for children</a>.</p>
<p>It is best for a child to have their own money to save. One could always deposit money directly into an account for the child, but the savings habit gets better reinforcement if the child is more involved. If possible, the child should use an ATM themselves, or go into a bank branch, to make the savings experience more concrete and memorable.</p>
<p>Both gifts and earned money can have a role in the child&#8217;s savings. Earning money gives more appreciation of its value. Gifts can give a significant boost to well being. Older children may be able to earn money from jobs. Younger ones may receive an allowance or earn money by doing chores.</p>
<p>Initially, money can be saved as cash. The well-known piggy bank, or other cash receptacle, can be a useful tool for younger children. At some point it will be appropriate to establish an actual bank account.</p>
<p>Most banks will not allow a minor to open an account on their own. A joint account with the child and an adult, preferably a parent, is a good approach. Obviously the adult would have to be reliable, and it is most straightforward to treat the balance as belonging solely to the child, though legally either party can access it.</p>
<p>In some cases a custodial account under the rules of the Uniform Transfers To Minors Act (UTMA) may be appropriate. With this type of account, the balance belongs to the child, but is not available to the child until a certain age, which is different in different states. The custodian is an adult who administers the account until the child reaches the required age.</p>
<p>Sometimes establishing a habit of <a href="http://www.teaching-kids-about-money.com/saving">saving for children</a> is very easy to do, as many kids have a natural savings instinct that just needs some nurturing. Others may not have the required self discipline. These are the ones who need the most adult encouragement.</p>
<p>What do you think about the above? You are welcome to share your comment, experiences and questions below.</p>
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		<title>Why You Need To Teach Kids Money Skills</title>
		<link>http://www.teaching-kids-about-money.com/why-you-need-to-teach-kids-money-skills/</link>
		<comments>http://www.teaching-kids-about-money.com/why-you-need-to-teach-kids-money-skills/#comments</comments>
		<pubDate>Sat, 16 Apr 2011 00:27:24 +0000</pubDate>
		<dc:creator>Darren</dc:creator>
				<category><![CDATA[Teach]]></category>
		<category><![CDATA[kids money]]></category>

		<guid isPermaLink="false">http://www.teaching-kids-about-money.com/?p=1579</guid>
		<description><![CDATA[One of the best reasons to teach kids money skills is so they have a better understanding of the issue when they become adults. It would be no surprise to learn that the most successful people when it comes to handling their financial affairs are those that were taught to handle money at a young [...]]]></description>
			<content:encoded><![CDATA[<p>One of the best reasons to teach <a href="http://www.teaching-kids-about-money.com/education">kids money</a> skills is so they have a better understanding of the issue when they become adults. It would be no surprise to learn that the most successful people when it comes to handling their financial affairs are those that were taught to handle money at a young age.</p>
<p>While economics is taught later on in school the basic and essential understanding that a child learns when he or she is growing up is so important. Many psychologists have suggested that it is beyond argument that a young persons ability to process information at a younger age is something that cannot be understated.</p>
<p>For this reason parents need to understand that they must educate their children about the facts of the economic system. It should not be left for them to struggle with later on in life. You would be surprised to learn how many young adults, even college students, have little to know understanding of how the financial system works.</p>
<p>When you speak to those adults who have a good and solid foundation in finances then you will be almost certainly speaking to an adult who was instructed as a child in the correct way to handle money. This is why it is not only a good idea, but practically a necessity.</p>
<p>For this reason children need to appreciate the various aspects of the economic situation. They are going to be better served late on with these life skills. It is therefore imperative that anyone who has an interest in their kids well being be vigilant and put effort into instructing their kids in monetary skills.</p>
<p>Always remember that there are several ways to go about the teaching process. It should not be considered something difficult, or troublesome. Theses skills need to be illustrated and also learned. With this knowledge a child will be able to be more successful.</p>
<p>What do you think about the above? You are welcome to share your comment, experiences and questions below.</p>
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<p>
This is <strong>63</strong> pages worth of <strong>gold</strong>! This e-book will help you set your child on the right path for the future. Includes chapters on <strong>savings, budgeting, allowances</strong>, ways to <strong>make money</strong> for kids.
</p>
<p>
Also for the next <strong><span style="text-decoration: line-through;">200 </span>38 people</strong> that reserve their copy, you will receive <strong>6 bonues</strong> completely <strong>free</strong> valued at <strong>$80</strong>!
</p>
<ol style="margin-left:0px;padding:0px 0px">
<li><strong>Teaching your Children to Have a Wealthy Mindset</strong> – extra chapter on how your child can be trained to increase their chance of becoming wealthy later on <strong>($20 value: yours FREE)</strong></li>
<li><strong>Why Money is So Important</strong> – another bonus chapter on why money affects everything we do<strong> ($19 value: yours FREE)</strong></li>
<li><strong>Yearly Expense Planner</strong> – spreadsheet to calculate all expenses and savings throughout the year <strong>($15 value: yours FREE)</strong></li>
<li><strong>Simple Budget Planner</strong> – calculates what you intend to spend and how much you will save <strong>($9 value: yours FREE)</strong></li>
<li><strong>Printable Allowance Chart</strong> – easy to use chart to track your child’s allowance throughout the year <strong>($9 value: yours FREE)</strong></li>
<li><strong>Financial Planning for Kids – Checklist</strong> – a timeline to show you how to plan for your child’s finances <strong>($8 value: yours FREE)</strong></li>
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		<title>Why You Should Give Your Kids Money</title>
		<link>http://www.teaching-kids-about-money.com/why-you-should-give-your-kids-money/</link>
		<comments>http://www.teaching-kids-about-money.com/why-you-should-give-your-kids-money/#comments</comments>
		<pubDate>Thu, 14 Apr 2011 00:24:48 +0000</pubDate>
		<dc:creator>Darren</dc:creator>
				<category><![CDATA[Teach]]></category>
		<category><![CDATA[kids money]]></category>

		<guid isPermaLink="false">http://www.teaching-kids-about-money.com/?p=1577</guid>
		<description><![CDATA[There is some debate about whether or not your should give your kids money. It&#8217;s usually called an allowance, and there are strong opinions on each side of the debate. But it is a good thing to give your kids an allowance, as long as it&#8217;s for the right reasons and they understand what those [...]]]></description>
			<content:encoded><![CDATA[<p>There is some debate about whether or not your should give your <a href="http://www.teaching-kids-about-money.com/education">kids money</a>. It&#8217;s usually called an allowance, and there are strong opinions on each side of the debate. But it is a good thing to give your kids an allowance, as long as it&#8217;s for the right reasons and they understand what those reasons are.</p>
<p>The reasons why you should give your kids an allowance are first and foremost because it&#8217;s one of the best ways to teach them about money. It&#8217;s the best way to teach them about how money works, what money is for, and what happens if you use it poorly. But this is only true if you actively try to teach them these lessons.</p>
<p>If you do not take an active role in teaching your kids about how money works, then either they&#8217;ll learn by experience (which can be hard), or from other people. If they learn from other people, then what they learn will depend on how those other people handle their money. If they handle their money well, they&#8217;ll learn good lessons. If those people don&#8217;t handle their money well, then they will learn bad lessons.</p>
<p>If you take an active role in teaching your kids about how money works, then you will make sure that you are teaching them good lessons of course, which is why you should do it. If you aren&#8217;t great at handling money yourself, then you should learn and then teach your kids (which will help you and your kids). And what works best in most cases is to only give your kids allowance based on the chores they do each week. If they do their chores, they get their full allowance. If they don&#8217;t do their chores, they don&#8217;t get any of their allowance (and probably get punished). If they do some of their chores they get some of their allowance (and still probably get punished).</p>
<p>Then after they have received their allowance you should require that they save at least 10% and, if you are religious, tithe 10% of everything they receive. Another thing you should do is pick out something that they want that costs more than they can make from their allowance in two or three weeks, and have them earn it by getting their allowance and saving towards it until they have enough to buy it. That&#8217;s really all there is to it.</p>
<p>These are the reasons why you should give your <a href="http://www.teaching-kids-about-money.com/education">kids money</a>, and as you can see, it isn&#8217;t that difficult to do. But it&#8217;s very important because the sooner they learn about money the better off they&#8217;ll be when they get older and know how to handle their money. It&#8217;s not taught in schools, and it&#8217;s too important to leaving them to learn it on their own.</p>
<p>What do you think about the above? You are welcome to share your comment, experiences and questions below.</p>
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		<title>Teach Your Kids About Money With A Childrens Allowance</title>
		<link>http://www.teaching-kids-about-money.com/teach-your-kids-about-money-with-a-childrens-allowance/</link>
		<comments>http://www.teaching-kids-about-money.com/teach-your-kids-about-money-with-a-childrens-allowance/#comments</comments>
		<pubDate>Tue, 12 Apr 2011 00:22:23 +0000</pubDate>
		<dc:creator>Darren</dc:creator>
				<category><![CDATA[Allowance For Kids]]></category>
		<category><![CDATA[children's allowance]]></category>

		<guid isPermaLink="false">http://www.teaching-kids-about-money.com/?p=1575</guid>
		<description><![CDATA[Many parents worry that their children will not grow up with a full understanding of how to use money. However, you can start teaching them about the value of money at a very young age through a variety of methods, including providing them with a childrens allowance. A common mistake that many parents make when [...]]]></description>
			<content:encoded><![CDATA[<p>Many parents worry that their children will not grow up with a full understanding of how to use money. However, you can start teaching them about the value of money at a very young age through a variety of methods, including providing them with a <a href="http://www.teaching-kids-about-money.com/allowances">childrens allowance</a>.</p>
<p>A common mistake that many parents make when trying to teach their kids about savings and spending is that they do not actually allow their children to access any money of their own. Instead, provide them with a small amount of money that they can use on either a weekly or monthly basis.</p>
<p>Before you start giving your children any cash, be sure to provide them with some good lessons about money. Teach them about the importance of saving and open up a savings account for them, which they can contribute to. Also teach them about the value of different products and how to know when something simply is not worth the cost.</p>
<p>Many parents make the mistake of paying their children each week or month when their kids have done nothing to earn the money. Instead, only pay your children when they have been good for that week and they have completed all of their chores and homework. This will also teach them about the link between work and money.</p>
<p>When you provide your children with an allowance, make sure that it is a modest and reasonable amount. You do not want to give them too much. Also track and discuss their spending and saving habits, so you can advise them on what they are doing right or wrong.</p>
<p>A <a href="http://www.teaching-kids-about-money.com/allowances">childrens allowance</a> is a great way to teach kids about money and work. Start teaching your kids about the value of work and money once you think they are capable of understanding the lessons they need to learn.</p>
<p>What do you think about the above? You are welcome to share your comment, experiences and questions below.</p>
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<p>
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</p>
<p>
Also for the next <strong><span style="text-decoration: line-through;">200 </span>38 people</strong> that reserve their copy, you will receive <strong>6 bonues</strong> completely <strong>free</strong> valued at <strong>$80</strong>!
</p>
<ol style="margin-left:0px;padding:0px 0px">
<li><strong>Teaching your Children to Have a Wealthy Mindset</strong> – extra chapter on how your child can be trained to increase their chance of becoming wealthy later on <strong>($20 value: yours FREE)</strong></li>
<li><strong>Why Money is So Important</strong> – another bonus chapter on why money affects everything we do<strong> ($19 value: yours FREE)</strong></li>
<li><strong>Yearly Expense Planner</strong> – spreadsheet to calculate all expenses and savings throughout the year <strong>($15 value: yours FREE)</strong></li>
<li><strong>Simple Budget Planner</strong> – calculates what you intend to spend and how much you will save <strong>($9 value: yours FREE)</strong></li>
<li><strong>Printable Allowance Chart</strong> – easy to use chart to track your child’s allowance throughout the year <strong>($9 value: yours FREE)</strong></li>
<li><strong>Financial Planning for Kids – Checklist</strong> – a timeline to show you how to plan for your child’s finances <strong>($8 value: yours FREE)</strong></li>
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