Starting Kids on a Budget – Budget Billfold

We get a lot of questions from people about how we organized the money when we first put the kids on a budget. Initially, we used the extra envelopes that came in our utility bills even though we’re set up for autopay.  We would write the category and amount on the envelope and the kids kept them together with a …

TracieStarting Kids on a Budget – Budget Billfold

Hard Times Teach True Thankfulness

Teaching Kids About Money Teaches Them to Be Truly Thankful. There is a hidden benefit to teaching kids about money: they become more thankful for everything they have in life. As parents, it’s your duty to provide for your kids everything they need to survive.  You aren’t under any obligation to make their life easy, or luxurious.  How many teens …

BretHard Times Teach True Thankfulness

Sweet Schooling a la Disney’s Goofy Pucker Powder

If you’ve ever been to Disney, this is a familiar site: These Goofy Pucker Powder machines are everywhere you go.  They dispense sugar in various colors and (theoretically) flavors into tubes of varying lengths.  Kids can stack various colors in tubes to create designs.  Think the colored sand sculptures that were popular in the 70s. The privilege of creating such …

TracieSweet Schooling a la Disney’s Goofy Pucker Powder

Age-Appropriate Ways to Teach Kids About Money (part 2)

Last week, I started looking at twelve age-appropriate ways to teach kids about money from Mint.com – this week, I’ll finish off the list. The key idea to remember here is that it’s important to have conversations with your kids, and involve them in activities that will help them learn — but there’s a definite order to things, and taking …

BretAge-Appropriate Ways to Teach Kids About Money (part 2)

The Golden Shoe Shopping Experience

The following excerpt from our book: Investing in Your 401k Kid: From Zero to Little Financial Genius in Five Easy Steps is proof about how many opportunities there are for teaching kids about money: While shoe shopping with our 10-year-old son for new gym shoes, we were distracted by a similar-aged kid and his mother shopping nearby.  The kid was deadlocked in …

TracieThe Golden Shoe Shopping Experience

Age-Appropriate Ways to Teach Kids About Money

When you want to teach kids about money, it’s important to think about the audience first: what are your kids ready to learn?  It’s not enough to engage in conversation and teaching; your kids have to be ready to learn what you’re trying to teach. We recently came across an article from Mint.com (a really great site in its own …

BretAge-Appropriate Ways to Teach Kids About Money

Kid Money Management Leads to Disney’s Defeat!

A few weeks ago, we traveled to Disney with one of our favorite families.  As a lover of all things Disney, the hostess of our timeshare and a former Disney employee, much of the planning fell to me. I was a bit worried, as I know how our family does Disney but I wasn’t at all sure how the other …

TracieKid Money Management Leads to Disney’s Defeat!

Timely Conversations About Money

Parents have lots of “timely conversations” with their kids, at key points while they’re growing up — but what about conversations about money?  Eventually, they have the talk about plans for the future – career plans, ideas about college, and financial planning. Where does a parent even start on this path? Think about the most financially successful people you know …

BretTimely Conversations About Money

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