Have you had "The Talk" with your kids?
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It's an uncomfortable thing to talk about. You're not sure how to bring it up, and your kids aren't jumping up and down to talk with you about it either.
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How much allowance should I give my kids?
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How much allowance should I give my kids? What do other parents do? Is giving an allowance even a good idea?Many experts will say $1/week multipled by your child’s age is the “right amount”. To this, we say nonsense! Here is some quick information that really will help.
Read MoreLessons From Rich Dad Poor Dad (Summary #6)
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In this last entry of the series, we cover methods to overcome obstacles, cynicism, laziness, and bad habits, as well as concrete ideas to getting started
Read MoreLessons From Rich Dad Poor Dad (Summary #5)
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Today we learn that money can be created, and your financial IQ is the way to create it.
Read MoreLessons From Rich Dad Poor Dad (Summary #4)
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We continue the series and focus on Lesson 3: MIND YOUR OWN BUSINESS and Lesson 4: THE HISTORY OF TAXES AND THE POWER OF CORPORATIONS
Read MoreLessons From Rich Dad Poor Dad (Summary #3)
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With Summary #3, we focus on Lesson 2: WHY TEACH FINANCIAL LITERACY, and answer the question WHY DO THE RICH REALLY DO GET RICHER?
Read MoreLessons From Rich Dad Poor Dad (Summary #2)
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We continue the series on a book called Rich Dad Poor Dad and focus on Lesson 1: THE RICH DON'T WORK FOR MONEY
Read MoreLessons From Rich Dad Poor Dad (Summary #1)
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The “Lessons From” series are bite-sized summaries of books about financial literacy for parents raising money-smart kids.Today we start with a book called Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki, Sharon L. Lechter
Read MoreKnowing How to Write a Check Is Still Important!
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Today’s kids will be tomorrow’s adults and we keep on hearing that so many young adults don’t have a clue how to write a check. We’re here to help! For the next goal your child achieves in FamilyMint, rather than whipping out the debit or credit card at the store, take your checkbook with you and make it a learning opportunity.
Read MoreRe-imagining the 3 Little Pigs
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The third little pig listened to his mother’s wise words and said “I don’t plan to live like the birds. No straw nor sticks will do for me; I plan to build my house solidly.” With his goal clearly defined and a budget in mind, the third little pig developed a plan and a timeline. “With a little hard work and some shopping around, I’ll have my brick house to keep me safe and sound,” said the third little pig.
Read MoreTo Negotiate Life Successfully is All about Negotiation
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Every day in life we are presented with opportunities for negotiation, and doing it successfully and where everyone walks away satisfied is an art worth learning at a very early age.
Read MoreStory of Goldilocks and the 3 Imitation Bear Skin Rugs
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Follow the story of Goldilocks in her search for an imitation bear skin rug and how she decides which one is just right for her and that buying something because it’s cheap will often make you weep, and to purchase to impress never works out for the best.
Read MoreTeaching kids about money management
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When, where and how is the best way to teach kids about money management? They know how to spend it. That's not the problem. In fact from the earliest years, through internet and television advertising, kids are taught how to spend. We are now living through the effects of immediate gratification brought on over the past 20 years.
Read MoreThe Crisis of Credit Visualized - A Great Way to Explain the Mortgage Fiasco to Your Kids
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The Crisis of Credit Visualized lays out the cause of the financial meltdown in simple animated terms that even your kids can understand.
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