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The Sweet Harmony of Jobs and Chores for Kids

Jobs or Chores? Chores or Jobs? Which one should you have in your house? GREAT NEWS, PARENTS!!!! Sharpen up those pencils and start making lists because you get to have both! Think of it this way: CHORES are the tasks around our house that everyone needs to do in order for the house to run smoothly. This includes: Doing dishes Sweeping the floor Feeding the pets Emptying the trash Mowing the grass Cleaning the common …

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Be Consistent! Schedule Allowance Meetings Today!

School days, school days  Dear old Golden Rule days ‘Reading and ‘writing and ‘arithmetic Taught to the tune of a hick’ry stick… My mom delighted in singing that song to us on the first day of school. Top of her lungs, completely out of key. It INFURIATED us. We’d bury our heads under the covers and pretend it wasn’t true. She did it every year. About some things, she was extremely consistent. Regardless of whether …

Clear Your Family Calendar: Introduce an Activities Allowance

Using an Activities Allowance

You can feel the excitement in the air: mothers can almost taste the freedom that arrives when the kids go back to school. Gone are the long days of summer when moms are responsible for entertaining kids. Soon, routine will set in and families will happily return to the safety of the calendar. Not so fast: let’s fast forward to that Thursday night in October when you’ve got three kids who need to get to …

Judging Our Success Based on Our Kids’ Happiness

Is it possible that in our misguided attempt as parents to ensure our kids’ happiness, we are missing out on what actually makes them happy in the first place? In a flukey turn of events last Christmas, my two young nephews wound up getting just one toy apiece on Christmas Eve. As they are the youngest children in either of their parent’s families, the Christmas norm is for them to have piles of brightly colored …

Just Start: Teaching Teens About Money

We’re in the middle of a webinar-based program for parents right now, and had a Q&A session last week. One of the parents had some great questions: How do I get started teaching my kids about money? If I’m going to an allowance, which categories should I start with? How much should the allowance be? These are great questions, all centered around the question of “How do I start teaching teens about money?” The simple …

Teens Behaving Badly: Allowance Disasters

If your teen is on an allowance, you need to be prepared for impending disaster. They will make allowance mistakes. It’s coming, trust me. It’s just a matter of how big, and when. If your teen isn’t on an allowance yet, you’ll want to go a back a few weeks and start at the beginning of our teens and money series. The good news is, any mistakes your teen makes with an allowance should be …

What Happens After Share, Save, Spend?

So, you thought the hard work you did to teach your kids about money was working perfectly, until suddenly it wasn’t any more. The piggy bank was great.  Share, Save, Spend jars worked just fine… for a while. But now you have a teenager. And everything is falling apart. We know how you feel.  In one 24-hour period this past week one of our kids ran out of gas in the pouring rain, left his lights …

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Your Kid’s Allowance: Five Secrets for Success

Starting your teen on an allowance Would you like to start your teen on an allowance, but don’t know where to start? Or is your teen already on an allowance that’s not working, and you want to get it back on track? I’ve got some good news here that should get you on the right path. Here are the five things you need to know to find success with your kid’s allowance: 1. An allowance …

Save Money on Kids’ Sports

Our son started a new school this year. The football coach explained via email that all equipment is provided for the players. I asked my son to email the coach back and clarify if that meant cleats as well.  This caused a discussion. “Mom, he said ALL equipment!” “Really?” I replied.  “Because it seems to me that it would be pretty tough to provide enough different types of shoes to fit the feet of 30 …

Wants vs. Needs: Teaching Kids About Money

One of the most important things we can teach our kids – whatever their age – is to recognize the difference between a “want” and a “need.”  Mastering this one simple concept can have a profound impact on future financial health.  Additionally, it’s not enough to simply recognize the difference; it’s important to be unashamed to call a thing what it is.  “I don’t want to buy that, but I really need it.”  “This is …