Helping kids appreciate money
There are plenty of opportunities out there for your child to earn a buck or two.Depending on their age, the opportunities just grow as their skills and maturity grows.The key is to put together a plan of action and then do it!
Read MoreDid you know...Winston Churchill had a poor academic record in his boarding school, was rarely visited by his mother, and he and his father barely spoke to one another. Yet he is widely regarded as being among the most influential people in British history.
Read MoreAccording to Lewis Mandell, a professor of finance at the University of Washington who recently studied more than 50 years’ worth of allowance research, “The kids who receive [a regular, unconditional] allowance tend to think far less about money in general.” He also said “Those children appear more likely to grow up to be ‘slackers,’ since they aren't learning to associate work with money.”
Read MoreDid you know that many entrepreneurial American icons had a very rough and rocky start before they found their fortune? Read about a few here.
Read MoreIs your child a budding entrepreneur? Read about Cameron Herold who coaches and mentors young entrepreneurs and how to spot if you might have one in your own home.
Read MoreOne of the best ways for children to learn the essential life skill of money management is for them to earn and be responsible for their own money. The following are some great money making ideas for children and young adults. Keep in mind that some of the suggestions are better suited for older children while others are suitable for younger children.
Read MoreEarning money is vital to a sound financial future, and with our minds turned towards the celebration of Labor Day, what better time than now to help kids get in touch with their inner entrepreneur as early as possible.
Read MoreAdam and Matthew are serial entrepreneurs and have boiled the subject of kids starting businesses down into 60 short and enjoyable pages. The look and feel is like that of a fun, colorful scrapbook rather than boring business book. I would definitely recommend it for parents with kids between the ages of 7 and 14.
Read Morewritten by: Coach Funk, CFP® at www.SavingsCoach.comHanging out with my 10 and 12 year old nephews last weekend, I heard excitement in their voices when they looked up from their iPod apps and told me about cooking dinner for the family last week. They told me the great lesson they learned here is that they get to keep the PROFIT.
Read MoreAre your kids looking to make few extra bucks this summer for a new bike, camp, vacation or just to sock away the savings? There is no better time than summer to encourage your kids to be creative and earn some extra money around the house or around the neighborhood.
Read MoreOur nation was built upon the entrepreneurial spirit. Instead of seeing your kids fill out application after application in a highly competitive market, why not have them put that energy toward creating opportunities of their own?
Read MoreFamilyMint is the proud winner of the Great Lakes Entrepreneur Quest (GLEQ) business plan competition for New Business Idea category.
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