If you are religious in the Christian realms and even in society in general, you might have heard of the phrase “Money is the root of all evil”. Now all people take this quote differently. Some people take it to the extreme where they think money is going to destroy their life so refuse to [...]
Teaching kids about money is an important responsibility, and one that can affect your children for the rest of their lives. How we work with our money, balance our budget and save for rainy days is learnt from a very young age. The best way to teach your kids is by example. If you want [...]
Children can begin to understand simple principles of logic as early as four years of age. By the age of seven they are capable of complex problem solving and able to consider the feelings and needs of others as well as their own. It is crucial to begin teaching children about money in the early [...]
One should empower children as young as possible by learning to teach kids about money. This gives young and old the ability to make quality decisions about various aspects of their lives. Education and motivation of young ones in this area should not be ignored. Teaching them to save money gives them power to buy [...]
Teaching children about money is a sole responsibility of parents everywhere. It’s crucial for parents to educate their children early so they won’t repeat the same mistakes we as adults face today in regards to the credit trap. Money is a means to how our economy works. When children start learning about how money earlier, [...]
Reasons why Teaching Children About Money should be a Top Priority There is a large number of the community, whom like myself, grew up in a family under welfare. We lived in government subsidized housing estate where most people in the immediate community were unemployed or blue collar workers. As you could probably see, financial [...]
Adults these days are more paranoid about their money because of the hardships that have happened in recent times. Parents on the other hand have more thoughts in their hands such as how they are going to provide for their families. One thing they may also be considering is how they are going to go [...]
Most of us understand that teaching kids about money is beneficial for both parents and kids. The education that you pass on to our kids will have long lasting consequences on your kids’ attitude on money and their financial future. But what about if you are not going about it properly? What if your kids [...]
Many parents dread walking into the shops with their kids – its that moment when your kids spot that latest fad that they just must have, and they kick and scream until they get what they want. Sound familiar? What you may not realise is that this is the perfect moment to teach your kids [...]
A recent article in US Money Magazine talked about the different bank accounts that kids and teenagers can have. It was a Q & A section where the readers of the magazine ask the ‘expert’ columnists about their concerns. This particular article is about the parents who seems to be big fans of teaching kids [...]