Helping kids appreciate money
Want your kids to make healthier food choices when they are out? Have them pay cash.This is a somewhat surprising finding in a study by the USDA. In the study, college students that paid with cash made healthier food choices than those paying with an unrestricted debit card. And not only did they make healthier choices...
Read MoreWe are very excited to share our latest award and recognition from Academics' Choice™. FamilyMint was just awarded the Smart Media Award by Academics' Choice™.
Read MoreWhat if you could instantly increase the desire of your kids to save? Just by showing them a picture of what they might look like when they are older? Interested? Me too!
Read MoreToday’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 MoreWe're always on the lookout for ways to save money and engage the kids in some fun learning. This recipe is one of our Fall favorites and is inexpensive (especially if you buy the almonds in bulk), easy enough for kids to do themselves (with a little bit of oversight from mom or dad), and the result is a healthy snack that kids love. Well, relatively healthy, but absolutely mouth-wateringly yummy.
Read MoreYou've got plenty of time to start thinking about college, right? Or do you? Considering the average in-state tuition at a four-year public college is around $30,000 (not including room & board!), it's actually not too early to take some steps now to save money down the road. Over at Fidelity Viewpoints, they explain there are a few little steps you can take even now to increase your chances of getting financial aid. Here are a few highlights...
Read MoreWe had a mom write in with some ideas that she uses with her own kids at home. We thought they were great, so we wanted to share them with you.
Read MoreWith the national debt currently at $14.9 trillion, we hear a lot of talk about reducing our national deficit. My teen posed a question while watching a recent debate as to what the difference was between debt and deficit. Here's a very simple explanation.
Read MoreThe 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 MoreWhen it comes to being savvy about money, the line between what teens think and reality is as wide as the Grand Canyon. Most teens surveyed believe they are financially savvy. But when asked about specifics such as establishing good credit, balancing a check book or what a credit score is, the majority of teens were in the dark.
Read MoreEvery 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 MoreI know other moms who’ve experienced this mom-switch syndrome, but whether you can relate or not, there’s no denying that back-to-school time is about making transitions. Schedules, extracurricular activities, homework, new teachers, new friends, carpools, books, supplies, clothes…it’s time to pull up our socks and get moving again!
Read MoreFollow 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 MoreThe secret behind these 5 secrets is that they aren’t just for kids. Leaders of Fortune 500 companies go through the same thought process during annual strategic planning as well as their daily priority setting. Start forming these habits now in easy, small ways and you’ll be giving your kids quite a leg up in the world!
Read MoreWe learned of a new program Amazon recently launched called Amazon Mom. In the spirit of sharing great ways to save money we thought we'd share it with you. Here are the details...
Read MoreThe simple act of setting a goal is the most important step in accomplishing it. It's that tiny first baby step, but it's absolutely required and it sets everything else in motion.Did you know that an astounding 97% of the population does not take the time to set goals? FamilyMint provides a great way for your children to get started on the road toward developing the goal setting habit.
Read MoreWhen, 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 Envelope System is a popular method of budgeting, and for good reason. The process is dead-simple.
Read MoreAccording to one expert, the right time to start an allowance is as early as your kids start to understand the value of money (usually around age 6).
Read MoreIt feels great when your kids earn their first paychecks in their coveted summer jobs. Their first instinct might be to rush out and spend away. But what happens when school starts? The money is long gone. The best way to make that money last through the year is to set up a budget.
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