Archive for the ‘Kids and money’ Category
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 ...
Posted in Kids and money, Making Money | No Comments »
Thursday, January 13th, 2011
Kimberly Palmer, senior editor for US News and World Report and author of Generation Earn (see my review) posted yesterday on the smart way to pay kids an allowance. She drew on statements from several experts who had researched the way children responded to different kinds of exposure to money ...
Posted in Budgeting, Kids and money | 2 Comments »
Friday, December 17th, 2010
I like McDonald's. It's not a staple in my diet, but in a pinch it serves a predictable meal that tastes pretty good at a reasonable price. I also have fond memories of it from childhood. We didn't go there often (maybe once every few months), but we usually made ...
Posted in Kids and money, Shopping | 6 Comments »
Thursday, December 2nd, 2010
The answer to the problem of how to expose children to money doesn't have one right answer. (There are wrong answers, though, such as "Give the child as much money as she wants.") One of the points of debate is whether to tie the allowance to chores or not. Tying ...
Posted in Kids and money, Making Money | 10 Comments »
