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Six Ways to Encourage Good Saving and Spending Habits in Your Children

Nathaniel Sillin | Posted 07.20.2016 | Business
Nathaniel Sillin

How often do you discuss money with your children? If your answer is "not often," you're not alone. A recent study from investment firm T. Rowe Price ...

7 Pieces Of Parenting Advice You Really Should Ignore

Laurie Hollman, Ph.D. | Posted 01.20.2017 | Parents
Laurie Hollman, Ph.D.

Do you get advice that doesn't feel right to you, even when going against it feels counterintuitive because you've heard it so often?

Parenting is Pretty Much 18+ Years of Psychological Warfare

James Schlarmann | Posted 01.06.2017 | Comedy
James Schlarmann

From the moment they can truly understand us, we are playing games with our kids' heads, and it's called "parenting" to make us feel better about brainwashing our kids into believing in what we want them to or behaving the way we know they should behave.

Paying Wives: Bonus, Gift, or Allowance?

Viviana A. Zelizer | Posted 06.02.2016 | Women
Viviana A. Zelizer

We can do better. Regardless of Upper East Side wives' extravagant contemporary lifestyles, their merit bonuses demonstrate our longstanding failure to recognize that the household is a kind of collaborative economy between husbands and wives, whether employed at home or in the workplace.

Why You Shouldn't Pay Your Kids For Chores

HuffPost Live | Ryan Buxton | Posted 02.25.2015 | Parents

A doctor, a politician, a humanitarian -- there are many things parents may wish their children will become. But there's one way no parent ever wants ...

Why Are Working Moms Crying?

Erin Mantz | Posted 04.01.2015 | Parents
Erin Mantz

Change is hard. It can hurt. You could say the same for motherhood. Finding the right parenting strategies so you don't end up in tears has no global solution.

Got Kids In Grade School? Start Their Financial Education Now!

Carrie Schwab-Pomerantz, CFP | Posted 10.27.2014 | Money
Carrie Schwab-Pomerantz, CFP

The new school year is just around the corner, and as I think about the importance of financial education, I want to remind all parents -- and grandparents -- that it's never too early to help kids learn about money.

Can Giving an Allowance Ruin Your Child?

Daniel Britton | Posted 08.18.2014 | Money
Daniel Britton

It may be a little controversial, but I don't believe parents should give their kids an allowance. Whilst I fully support children having and managing their own money, it is the ritual entitlement that is, in my view negative.

Fine Young Philanthropists

Varda Epstein | Posted 04.27.2014 | Impact
Varda Epstein

Kids are being taught at home and in their schools about the meaning of giving. Apparently, doing nice things for others makes kids smarter, happier and more successful, too.

5 Signs Kids Are Struggling With Entitlement

Kristen Welch | Posted 04.09.2014 | Parents
Kristen Welch

Parenting is hard. Doing it in our culture is even harder. But it is possible to raise grateful, hard-working kids who put others first.

Parents: Teach Your Tweens and Teens About Money

Neale Godfrey | Posted 03.17.2014 | Parents
Neale Godfrey

Remember that kids learn from watching parents -- be aware of the messages you send and the examples you set. You should have a family budget, and include your teens in regular money meetings. Your meetings should be practical and informative. Be transparent.

Mommy, Does Money Grow On Trees?

Natalie Pace | Posted 01.23.2014 | Business
Natalie Pace

Yesterday, at the farmers market in Santa Monica, Calif., I saw a young, beautiful mother shopping with her adorable 5-year-old daughter. The daughter reached into her purse, pulled out a $5 bill and paid the vendor for a basket of organic strawberries. There are so many great lessons here, almost too many to count.

Allowance and Kids: What Parents Should Think About

Claire McCarthy, M.D. | Posted 01.23.2014 | Parents
Claire McCarthy, M.D.

It wouldn't occur to me to give a kindergartener an allowance. Which illustrates an important point about allowances: every family does them differently.

Teens' Chores: What Are They Worth?

Women & Co | Posted 09.25.2013 | Parents
Women & Co

All year, we give and give and give to our kids. Teens, with their growing sense of independence, are looking for ways to make some money. So, when they help around the house during summer break, should they get paid?

5 Strategies To Teach Young Kids About Proper Money Management

Women & Co | Posted 10.31.2013 | Business
Women & Co

Unfortunately, personal finance courses are not taught in schools, so it's completely up to you -- and the earlier you begin the process, the better chance your children will have to grow up into responsible, thrifty young adults.

3 Ways To Stop The Nagging

LearnVest | Posted 07.08.2013 | Parents

Like water dripping from a leaky faucet, a kid's constant nagging can be annoying and almost impossible to ignore, but giving in can have real financial consequences.

Preventing Bankruptcy Before Preschool

Marjoriet T. Matute | Posted 06.12.2013 | Business
Marjoriet T. Matute

As I stir my morning coffee, I can hear the television downstairs in my parents' apartment, the morning news is going over the financial status of our...

7 Ways Money Memories May Affect Your Finances

LearnVest | Posted 04.27.2013 | Women

As children, we begin to form our beliefs and attitudes about money through value-laden messages that are passed on to us by our parents, grandparents and society.

Should I Give My Kid A Virtual Allowance?

Common Sense Media | Posted 04.21.2013 | Parents
Common Sense Media

When I brought up the idea of allowing our son to spend his $1 per week allowance on his favorite game, my husband was flatly against it. If our son doesn't hold the dollar in his hand and pass it over to a cashier or slip coins into a slot, how will he understand that the money is no longer his?

How You Can Help Your Family's Finances In 10 Minutes

LearnVest | Posted 03.10.2013 | Parents

The New Year is a time to conquer any traces of "put-off-ability," because the longer you put things off, the more you'll continue to put them off. Admittedly, some of the tasks that get pushed off the longest are the ones that can help your financial life.

Get Married, Stay Home and Take It Easy OR Go to Work?

Gina Barreca | Posted 02.16.2013 | Women
Gina Barreca

I was scared by my mother's life. I never wanted to have to ask anybody to foot the bill for my rent, my food, my clothes or my education.

Allowance on Autopilot

Beth Kobliner | Posted 02.09.2013 | Money
Beth Kobliner

There's a new twist on allowance that has emerged over the past few years: Instead of handing kids a few dollars each week, parents -- and kids! -- can simply visit one of many websites, just as adults manage their own banking online.

Allowance, Modern Family and My Family

Beth Kobliner | Posted 01.27.2013 | Parents
Beth Kobliner

Giving allowance is an American tradition that picked up steam before the start of the 20th century. As there was more stuff for youngsters to buy, child-rearing experts started to tout allowance as a way to instill good spending habits.

New Rules for Your Kid's Allowance

Beth Kobliner | Posted 11.05.2012 | Money
Beth Kobliner

If it's "their" money, shouldn't they be rewarded for saving by being able to buy what they want? Er... no. We wouldn't allow our kids to buy endless amounts of tooth-rotting candy, would we?

At What Age Should A Kid Get An Allowance? From Trae Bodge (WATCH)

Posted 08.21.2013 | Home

When is the best time to start teaching kids about finances? Trae Bodge, Senior Writer for The RetailMeNot Insider, advised that parents should start ...