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MoneyWizdom: April 2014
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Tuesday, April 1, 2014. Where do young kids learn about money anyway? Pretty much everywhere — and especially at home! Young children learn about money by what they see, hear and experience in the world around them. They primarily. Learn about money by watching their parents use and talk about it. They are also keenly aware of how their parents feel about money by watching facial expressions, listening to word choices and tone of voice. Subscribe to: Posts (Atom). View my complete profile.
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MoneyWizdom: July 2013
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Friday, July 12, 2013. How Much Money Do You Make? So for those who have not yet gotten this question, some things to ponder:. Younger kids probably don’t know the difference between $1,000 and $100,000, so you may be able to settle the issue by letting them know that you make enough for them not to need to worry about running out of money. How have you handled this question with your kids? Subscribe to: Posts (Atom). View my complete profile. How Much Money Do You Make? US Mint- Great Games for Kids.
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MoneyWizdom: June 2013
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Wednesday, June 19, 2013. Broken Items – Accidents Do Happen. This week we got a great question from a reader: “What should we do if one of our kids breaks something? 8221; We all know that with kids, things will get broken. It’s just a matter of time! So what is a parent to do? How should broken items be replaced, and who should pay for them? You are get into a meltdown over a broken item in a store — or at home. Some relaxed evening or a Saturday afternoon. Establishing the Family Rules. Set up time to...
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MoneyWizdom: Focus on Teaching Math—Not Money
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Friday, April 3, 2015. Focus on Teaching Math—Not Money. It appears that classroom education in finance often doesn’t translate into real-world results. So, if widespread financial education were really effective, why are so many young people struggling with debt, foreclosure and low asset accumulation? They weren’t. After controlling for state, age, race, time and sex, and analyzing a huge pool of historical financial data, the group found that there was no statistically significant difference...But the...
moneywizdom.blogspot.com
MoneyWizdom: April 2013
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Monday, April 22, 2013. Birthday Party with Heart. And then there are the gifts. Typically, each party guest brings a gift for the birthday child, and often each leaves with a thank-you gift. The number of gifts trading hands in all the kids’ birthday parties across the country on any given weekend, let alone if we count the entire year, adds up to a number in the millions. When To Do It. The next birthday party you host for one of your children. What to Donate: Cash or a Book. Help your kid choose which...
moneywizdom.blogspot.com
MoneyWizdom: April 2015
http://moneywizdom.blogspot.com/2015_04_01_archive.html
Friday, April 3, 2015. Focus on Teaching Math—Not Money. It appears that classroom education in finance often doesn’t translate into real-world results. So, if widespread financial education were really effective, why are so many young people struggling with debt, foreclosure and low asset accumulation? They weren’t. After controlling for state, age, race, time and sex, and analyzing a huge pool of historical financial data, the group found that there was no statistically significant difference...But the...
moneywizdom.blogspot.com
MoneyWizdom: December 2014
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Thursday, December 11, 2014. When should you begin training your kids about money? Training, in our view, should start when kids are young — by early. Elementary school age when money habits are already being formed. Encourage parents to think of their kids childhood years as a money. Apprenticeship. From pre-school until high school graduation, with parental. Guidance, children have a chance to practice using money with little risk. Room for making mistakes), children can learn that money is just a tool.
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MoneyWizdom: September 2014
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Monday, September 8, 2014. Why do parents hesitate to teach their kids money skills? Parents tell us they want their children to grow up with the skills to handle. Money wisely — yet they often do not feel comfortable teaching children to. We recommend parents take the time to teach children about money regardless of their income, their current knowledge level or how they were raised in order to fulfill on their wishes to see their children build money skills that can serve them throughout life.
moneywizdom.blogspot.com
MoneyWizdom: How Much Money Do You Make?
http://moneywizdom.blogspot.com/2013/07/how-much-money-do-you-make.html
Friday, July 12, 2013. How Much Money Do You Make? So for those who have not yet gotten this question, some things to ponder:. Younger kids probably don’t know the difference between $1,000 and $100,000, so you may be able to settle the issue by letting them know that you make enough for them not to need to worry about running out of money. How have you handled this question with your kids? Subscribe to: Post Comments (Atom). View my complete profile. How Much Money Do You Make? Silver Spoon Kids: How Su...
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MoneyWizdom: May 2013
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Saturday, May 11, 2013. Wouldn’t life be grand if we could always get the best price for things we need (and the things we want)? Assuming unlimited time and energy, we probably could. Since that’s not very realistic, the next best thing we can do is to take advantage of the deals that are all around us. How important is it to keep things organized, so you can find them when you need them? After school, before dinner, Sunday morning. Finding, Clipping and Organizing. Let your kids know what you consider ...
