Summertime: What Are You Teaching Your Kids About Money?

Summer is a great time to start (or continue) teaching your kids about money management. This season brings new opportunities to earn money and spend money, and a lot of free time to focus on learning new skills, and having fun. At the start of the summer, our daughter picked up a few big babysitting gigs – and made some …

BretSummertime: What Are You Teaching Your Kids About Money?

The Fun Things Budgeting Can Do

Last summer, our family was lucky enough to be able to take a an amazing family road trip throughout the American West.  We’re lucky because we both have jobs that allow us to travel and enjoy life at the same time. The reality is, however, planning for the trip took a lot of sacrifice in other areas of our lives. …

TracieThe Fun Things Budgeting Can Do

When Managing Money Moves to Plastic

We’ve taken a big step in financial training with our kids – we’re moving beyond cash pencil and paper, and into credit cards and online expense tracking.  We’re moving to online budgeting! Here’s our plan: 1) I ordered a VisaBuxx card for each kid.  These are pre-paid debit cards – ours are through USBank.  The cards can be funded without …

BretWhen Managing Money Moves to Plastic

Teaching Through Money Games: Time to Thrive!

We try to teach our kids about money, but we can’t spend all of our time being serious about it – there are some great money games that can help teach money lessons.  The most recent adventure into money games was with Thrive Time for Teens.  We purchased the game last month after seeing some good reviews online. In Thrive …

BretTeaching Through Money Games: Time to Thrive!

For Kids, Budget and Allowance Go Hand in Hand

Parents have many approaches to giving their kids an allowance.  We see the allowance primarily as a budget tool to teach kids about money, and secondarily as a way to eliminate all of the whining that would otherwise  make our lives miserable. How does it work? An allowance isn’t their money, it’s ours; we’re just giving them some freedom in …

BretFor Kids, Budget and Allowance Go Hand in Hand

Sometimes Debt Works

Last year, I wrote :If there’s one thing you should keep in mind when working with your kids to teach them about being financially responsible, it’s this: No Debt, Not Ever.” Maybe I was a bit hasty. Sure, debt is fundamentally a bad idea.  You’re at the store, and Junior says, “Oh, I forgot, I need a new pair of …

BretSometimes Debt Works

Uncle Sam Wants You! (To Budget)

It’s Independence Day – Americans are are thinking about picnics, parades, and fireworks.  How about a budget? During World War II, Americans endured rationing, and planted Victory Gardens as an expression of their patriotic duty to the country as we collectively endured a difficult time.  What problems face America today? I would argue that the biggest challenge facing our country …

BretUncle Sam Wants You! (To Budget)

Starting a Budget

If budgeting is good for kids, it must be good for adults too, right?  Right? Want to start a fight? Tell your wife that it’s time to go on a budget. You can almost see the hackles start to rise.  Unfortunately, budget has become such a negative word. What do you think of when you see the word “diet”? If …

BretStarting a Budget

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