Archive for the ‘Kids and money’ Category

A surefire way to get your kids asking you questions about money

Wednesday, November 2nd, 2011

(And no, the answer is not to give $50/week allowance to a six year old!) Last week our minivan's transmission bit the dust.  (Thankfully it bit the dust in our driveway.)  Over the next couple of days my wife and I discussed what to do: whether to fix our car, whether ...

Tossing young entrepreneurs in the deep end

Saturday, March 19th, 2011

Allowances for children are a tricky matter.  Whether to tie allowances to chores or not is just one question to consider.  I still don't think there's one right answer but that doesn't stop people from taking a stand.  One of Gary North's articles today (in his members' section) has this ...

“Remember the fish!”

Friday, March 4th, 2011

When we moved from our old house to the new one, we left a house with a septic tank and went to one that was served by our county's sewer service.  Having one over the other isn't that much different, I suppose.  They both do the job.  Having a septic ...

My daughter groks negotiation … kinda

Thursday, February 10th, 2011

I have no doubt that my daughter understands negotiation.  I don't have to go any farther than the dinner table. JP (my daughter): "Daddy, can I be excused?" Me:  "You need to finish your dinner first." Three minutes later, pointing to her plate: JP:  "How's this, Daddy?" Me:  "You're not done yet." Two minutes later, pointing ...