Posted on
December 7, 2007
at
2:46 am
Thanks Jerlene for this useful advice. Certain of us don't have concern pertaining this matter. During childhood is the best kick start for us to teach our children on the importances of money and saving. Without the basic knowledge of money utilization or how hard to get money , our children won't know how to manage or even to save. Because for them money are very easy to get, just need to ask from parents. This is totally wrong. If they know where the money exactly come from, they'll understand.
Posted on
December 7, 2007
at
5:20 am
and als0 i might advice you to give them a good gift in the form of a very useful book. The rich dad poor dad books, they do have a specialize book for kids smart kids rich kid.
Posted on
December 8, 2007
at
9:45 am
Maybe its really useful for anyone who already have clild right now. I don't have any kids right now and i believe when i have one, i will teach him/her about that. I know i will do that because i'm really sensitive with money. So, i hope my kids also serious like me about money. I will teach them how important is money in our life and the value of money. I want they surprass me and do what i cannot do today.. Right now, i'm understand why my father really take serious with me if anything related with money, he will serious and angry to me if i waste the money to do some useless thing..:D
Posted on
October 1, 2008
at
3:43 am
Thanks for this useful advice.We should not be straight forward in teaching kids, we have to be first make an impression upon them for saving money.They have to be teached the value of each dollar.
Posted on
December 15, 2008
at
3:51 pm
A good source for books on money and saving and financial management is your local library. The books are free and you can keep them for two weeks.
Posted on
January 1, 2009
at
3:36 am
You could also point out the inverse of good advise. Do you realize how painful getting those shoes now would be if you have to spend the next 4 weeks paying them off?That way, once they are on their own they don't have a "debt first" mentality that plagues most Americans today.
Posted on
January 8, 2009
at
8:43 am
I have my 13 and 16 year old make their own allowance by going to
http://www.cashcrate.com/996129 . They do surveys and offers and make their own money till they can find a part time job.
Posted on
March 20, 2009
at
9:23 am
I agree with your guide. Kids should be given allowances because then they will be able to manage their own amount of money. If a parent gives a child an unlimited amount of money (also known as spoiling), the child would not be able to manage his own amount of money in the future, and he would not be able to prosper in society.
Posted on
March 23, 2009
at
6:52 pm
Super idea! Another mom (that I know) gives her teen the responsibility of paying the electric bill monthly. She allots $150 for the bill and tells her son that he can have any money remaining from that amount. But he has to make up the difference if it's more than $150. Their bill has gone down significantly!
