Children & Teen Money Tips
These money making tips for teenagers range from creative to practical, from blogging to teaching sports (my 14 year old niece teaches skating). If you need ways to earn extra money and you’re a teenager, you’ll find something here! I started making money when I was 12 years old (babysitting) – and it paved the [...]
If your kids weren’t born with natural money skills, don’t fret! These 23 quick tips for teaching financial literacy will help your kids learn good money habits and achieve financial goals. “How are learning to a ride bike and learning about money similar?” asks Karyn Hodgens, creator of KidsSave. “Both involve kids being ACTIVE participants.” [...]
These tips for giving teens an allowance are from a money expert whose job revolves around giving money management tips to parents and kids! A parent asked me about giving her 13 year old teenager $50 a week for an allowance. Since I’m no expert on teens and money management, I asked the creator of KidsSave for [...]
Lending money to adult children isn’t necessarily a mistake – but it can be. These tips for parents will help with the decision of if and how much money to lend to grown kids, what to expect in terms of repayment, and how to avoid financial miscommunications and conflict. ”Every parent knows that our care and [...]
Christmas is the best time to teach kids about money. These tips for parents are from Karyn Hodgens, creator of KidsSave (a unique kids’ saving program that puts kids in charge of their money). “The biggest challenge I face regarding Christmas spending and kids is sticking to my budget,” says Hodgens. “This is a recent phenomenon for [...]
Should kids’ spending money go towards Halloween candy shopping, parties, or costumes? These Halloween ideas are from Karyn Hodgens, creator of KidsSave — she helps kids learn to take charge of their money. “The best lessons are learned in the context of kids’ everyday lives,” says Hodgens. “So let’s use Halloween as an opportunity to [...]
These seven ways to save money on school spending not only help you achieve your financial goals, they’ll help your kids learn the value of a dollar! “On average, according to the National Retail Federation, a family with children in kindergarten through 12th grade will spend about $549 preparing for school each year,” says Ethan Ewing of [...]
Should kids spend their allowances or any money they earn (or are given) for back to school costs? These tips for kids, their allowance, and going back to school are from Karyn Hodgens, creator of KidsSave. Before her tips, a quip: “By giving kids an allowance, you teach that child to work for money rather [...]
Going back to school doesn’t have to be expensive! These money saving tips for kids going back to school are from Karyn Hodgens, creator of KidsSave – a unique kids’ saving program that puts kids in charge of their money. Before her tips, a quip: “Labor Day is a glorious holiday because your child will be [...]
The teenage years are the ideal time to learn money tips, such as the different types of savings accounts! Here, Jill Russo Foster describes emergency funds, compound interest, and the importance of paying yourself first. Before her tips, a quip: “If you want to recapture your youth, just cut off his allowance.” ~ Al Bernstein [...]
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