How Much Allowance Should I Give My 12-Year-Old?
So you’ve been following the one-dollar-per-week-per-age-of-your-child allowance system for a while. However, now you have a tween, and you feel that the time has come for her allowance to mature …
3 Easy Ways to Set Up an Allowance for Kids that Works Week After Week
“Everything we tried never seemed to work…As they got older, we tried to really tie it to more chores. But then what would happen was they would do some of …
This Is Why Your Kids Need an Allowance and Why Most Allowance Programs Don’t Work
Ask a parent (ANY parent) if she wants to raise a money-smart kid, and she will answer “yes” 100 percent of the time. We all want our children to have a healthy relationship with money, but most of us don’t know how to foster this connection.
Here’s Why You Shouldn’t Tie an Allowance to Chores as You Try to Raise Money-Smart, Money-Empowered Kids
Lots of kids got spanked when I was younger because this method of discipline appeared to work. The base reasoning made intuitive sense: My kid is being a total jerk …
The Breakthrough Allowance: Starting a More Substantial Allowance to Help you Raise Money-Smart Tweens and Teens
I remember thinking to myself, “How could you not know this?” I was a sophomore Teacher’s Assistant (TA) in the Bates College Freshman Biology lab. One of the students had …
Literary Inspiration Behind My Money-Smart Movement Writing: 3 Important Books I Read in 2017
I recently came across Bill Gates’ list of 5 amazing books he read last year. As I reviewed it, I recalled that Gates inspired me years ago to venture cross-country …
This Is Why Teaching Kids That Stuff Is Impermanent Matters
“Let all your efforts be directed to something, let it keep that end in view. It’s not activity that disturbs people, but false conceptions of things that drive them mad.” …
Generation X — The Credit Card Kids (With Parents Who Didn’t See It Coming)
If you went to college in the early 90s, then you’ll likely remember getting an offer from MBNA in the mail. MBNA merged with Bank of America over a decade …
3 Things I Learned Raising Money Smart Kids
There are three important things that I learned while teaching my kids money smarts. Money Smart Lesson #1: There Is Very Little That We Truly Need My kids chide me …
Financial Education for Kids – Intensity Not Required
I was chatting with a friend today. She said, “I know you’re intense about your allowance, but…” I stopped her. “We’re actually not all that intense.” (Cue my kids rolling …