Giving Allowances To Your Children
Saturday, March 21st, 2009Children also learn from experience, so apart from setting a good example, parents should give the children practice in handling money. This is where an allowance can play an important role.
Why Give Allowances To My Children?
An allowance can be a good teacher because it allows children to manage money in a safe environment. The sum [...]
Teach Children Money Management at Their Young
Friday, February 13th, 2009Children are not born with good money management skills, they have to be taught. And parents can start doing so around the age of three. By then the child will usually have a vague concept that money can be exchanged for food or toys. This they observed when they go out shopping with the family.
Setting [...]
Parents Role In Educating Their Children on Money Management
Saturday, February 7th, 2009Kids today have more money to spend than previous generations. Their attitude towards money will be influenced by their parents, the media and their peers. It is important to start them on the right track since their spending habits as children and teenagers will shape their attitude towards money as adults.
Children who learn good money [...]
Why Money Education Is Important to Have a Good Life
Thursday, January 29th, 2009We want our children to enjoy the good life. But what is the good life? Is it having lots and lots of money? A good marriage? An enjoyable job?
Whatever your definition of the good life though, money plays an important part in it. However, there are many people who believe that the good life is [...]
