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 […]
One of the best ways to save money in the long term is to learn how to say “no.” Saying no to spending can help you get your priorities in order, as well as keep your finances on the right track. Some have trouble saying no to themselves, but many don’t have that issue at […]
For kids, money really does grow on trees. If you’re familiar with basic psychology, you’ve read about a child’s magical thinking stage, their advances to concrete operational thinking, and their propensity for egocentrism until age seven or eight. If you want to learn more about how children think differently than adults, you may want to […]
Farmers know how to get the most out of every dollar spent, as nothing goes to waste when you live on a farm — they even recycle manure! For many farm families, living frugally is a way of life passed down from generation to generation. Frugality is an intentional part of raising farm kids, so what […]
