Kids and Money
« Previous EntriesReader-Submitted Question of the Day - Day 4
Friday, May 2nd, 2008Today’s question of the day is a really good one:
JLP,
I’m in the process of teaching my 11-year old daughter about money and the importance of saving for the future - regardless of her goals (i.e. college, a home, a new car, etc.). My personal efforts are equal to saving approximately 25% of my income, […]
Should Parents Bail Out Their Kids?
Monday, April 28th, 2008NOTE: The reader-submitted question of the day will begin tomorrow morning.
Should Parents Bail Out Their Kids?
That is the title of Liz Pulliam Weston’s article over on MSN Money.
I can’t remember a time when I ever “bailed out” financially by my parents. Sure, they helped me from time-to-time and my wife’s parents helped us […]
Question of the Day - Kids and Summer Camp
Wednesday, April 16th, 2008Here’s today’s question(s) of the day:
Do your kids attend camp during the summer?
If so, how many and how much do they cost?
Our boys like to go to basketball camps. Last year they went to two basketball camps. I don’t remember exactly how much we spent in total but I think one camp was […]
5 Things My Wife and I Want Our Kids to Know About Money
Thursday, April 10th, 2008This is the first ever post collaboration between my wife and me.
Last night my wife and I were talking about this blog. On the spur of the moment I grabbed a piece of paper and told her I wanted her to help me write a post. For some reason the number five and […]
My Boys Are Becoming Men
Monday, March 24th, 2008My boys are becoming men.
Last weekend I bought a new self-propelled Honda lawnmower with the intent of teaching my oldest son how to mow. He was quite excited about getting to mow for the first time. It took him a couple of laps to get used to the mower. The first couple […]
Paying Kids to Study - Does it Send the Wrong Message?
Wednesday, January 23rd, 2008According to this article, a county in Georgia is going to pay kids to study:
Fulton County school officials have a new program to encourage selected students to study after school: cold, hard cash.
The Fulton school system is instituting “Learn & Earn,” offering 40 students from Creekside High and Bear Creek Middle schools in Fairburn […]
Question of the Weekend - Paying for College
Saturday, January 5th, 2008I was perusing my blogroll tonight (I have nothing else to do as my wife and I have 10, yes TEN, boys in our house playing Guitar Hero) when I came across Grace’s post highlighting a story she read in the Kansas City Star. The woman in the article owes $76,000 in parental loans […]
12 Ways to Make Your Kids Financially Savvy (Advice From Jonathan Clements)
Tuesday, December 18th, 2007Jonathan Clements wrote a great article in yesterday’s WSJ titled 12 Ways to Make Your Kids Financially Savvy ($). I have highlighted Jonathan’s “12 Ways” and added my thoughts to each one. Jonathan does state at the beginning of his article that not everyone will agree with his methods, so keep that in […]
Do You Know How To Work?
Monday, November 26th, 2007Ben’s basic message is that “while almost everyone I know went to college, very few learned how to actually work — i.e., how to give an honest day’s labor for a paycheck.”
Treating Siblings Equitably: Financial Dilemmas
Saturday, November 17th, 2007How does your family deal with the inevitable inequalities that arise where money is concerned? Most PF blog readers are probably the responsible, capable ones who secretly might resent your under-acheiving, financially-subsidized siblings.
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