Kids & Money

Should you give your kids an allowance for chores? “NOOOOO!” … that was our first response. But years later we reconsidered this decision because we discovered the 5 / 50 / 500 money rule. There are rules that govern our lives, our world, and the universe. There are also rules that govern the earning, saving, and spending of money. Knowing how to operate within the rules usually means success and a more peaceful existence. Violating the rules has the …

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Is it possible that our good intentions and generosity could end up entitling our kids? No parent intentionally sets out to create dependent children who expect to be given everything they desire. If you want to raise kids who aren’t entitled but are empowered – keep reading. We have 7 ways we helped our kids to become Financially strong, fit and independent. Kids are kind of funny. If we offer to pay for something, they’ll gladly let us do …

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We’re all about being realistic and frugal. In this article we’re looking for practical ways that grandparents can positively Influence their grandchildren – some of these ideas are amazing! We asked our Facebook friends how they’ve seen Grandparents influence Grandchildren in a positive way. Our goal was to build a brainstormed list of ideas to encourage grandparents to be active participants in their grandchild’s life. If your child’s grandparents (your in-laws or parents) could help your family with their …

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If you think that Kids are Expensive …. You’re right. Have you heard the government statistics about the cost of raising a child? We raised 5 kids and spent less than 60% of what the government experts estimated. Learn how. Kerri’s story: How one reader grew up and was taught to manage money. Question About the Cost of Having Kids: When I graduated from high school, I paid for my own auto insurance, graduation gown, and class ring. My …

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