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Tag Archives: spending
The guy who baby proofed our house is getting rich on parents like us – we paid him a bundle to install custom gates and to walk us through all the terrible things our house could do to our baby son (who knew a drawer could do such harm!). MORE
When your kids are young, you are often with them when they are out in the world. You have a lot of influence over their spending and they place the most confidence in what you say. So take advantage of those teachable moments at the grocery store, the mall or the restaurant, to let them pay a grocery bill in cash, deposit a cheque into the automated teller machine (ATM) or punch the buttons on a debit purchase. MORE
At every stage of your kids’ lives, when they earn money, they will be faced with 4 choices: save, spend, donate or invest. How they earn money and the way in which they implement these decisions will evolve as they grow from young kids, to pre-teens to teenagers to young adults. In this second post, I wanted to share my basic philosophy for raising money-smart kids. MORE