I asked a friend of mine who works with high school students if he knew anyone who would be interested in some yard work. We agreed that three boys would come over to my dad’s house one Saturday for $15 an hour, for three hours’ worth of work (so basically, each boy would make almost […]
I stayed home with my young children, putting my career on the back burner, for five years. Financially speaking, it was a bad move. Economists say that the stay-at-home parent who gives up a career may lose about $1 million over the years. While I didn’t lose $1 million, I have lost 5 years of […]
You’re strolling down the street, hand in hand with your spouse on a warm summer evening, listening to the crickets sing and the wind whisper through the trees. Bobby’s set up shop on the corner, like always, this time selling candy to the neighborhood kids. “He’s always selling something,” you whisper to your partner. “Yeah, […]
You wouldn’t let your teenager cruise around solo before he’s had some driving lessons, would you? It’s pretty obvious that the responsibility of driving is something that requires education, practice, and time. But many parents are allowing their teens to take on another important responsibility without the benefit of an education. Specifically, many young people […]
Teaching kids to develop intrinsic motivation can be difficult. Many people resort to paying for effort and performance, but it’s not pleasant to be treated like a universal vending machine where kids put in a completed task and you spit out money. And once they hit the teen years, this connection between money and household […]
I know some people don’t give their kids allowances and others are on the fence about starting the routine. Two of our writers recently shared their experience with giving their kids a monthly stipend. Here are eight reasons why they think it’s working well for their children. Perhaps you should consider offering some money to […]
