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Kids and Money

Parents: What Are You Worried About?

Neale Godfrey | Posted 11.04.2013 | Parents
Neale Godfrey

When your kids aren't even walking or talking, are you worrying about getting them into the best preschool and how you're going to pay for it? Are you thinking about moving so you will be in the best possible school district for public schooling?

Parents: A Back to School Refresher

Neale Godfrey | Posted 10.14.2013 | Parents
Neale Godfrey

This is a great time to reinforce your kid's money lessons. Let's get back-to-basics. Start by helping them make a spending budget for the two major back-to-school categories of supplies and clothing.

Parents: No Blank Check For Your New College Frosh

Neale Godfrey | Posted 10.07.2013 | Parents
Neale Godfrey

Going off to college is one of the rites of adulthood. The cost of higher education is monumental, but worth it. I always teach that the world around us is a classroom. Your kids will be getting their formal education, but they will also be learning real-life lessons that will last a lifetime.

How Will Your Grandkids Treat Their Inheritance?

Neale Godfrey | Posted 10.01.2013 | Fifty
Neale Godfrey

Whether you're living the retirement of your dreams or you are still working and hoping to hold on to the home you love, you're probably thinking about whatever estate you will leave behind.

The Funny Way My Daughter Started To Understand Money

Mike Spohr | Posted 09.22.2013 | Parents
Mike Spohr

There have been many times over the last year or so when I've told Annie things like, "No, it's too expensive," or "Sorry, I don't have any cash." That was silly, of course, because toddlers don't know how the heck money works. Recently, though, Annie has started to understand.

10 Money Lessons Parents Need to Teach Their Kids This Summer

Steve Siebold | Posted 09.16.2013 | Parents
Steve Siebold

With so much extra free time for children right now, most parents are inundated with questions centered on money. Can I have money to go to the movies with my friends? Can you buy me some new clothes for school? My friend Scott just got a new video game, will you buy me one? The list goes on and on.

The Other F Words: Fat, Food and Finance

Neale Godfrey | Posted 09.14.2013 | Parents
Neale Godfrey

Last month, the American Medical Association announced that obesity would now be classified as a disease. According to the National Institutes of Heal...

The Money Talk With Your Teen

Tyrone Jackson | Posted 09.01.2013 | Parents
Tyrone Jackson

For today's parents, raising teenagers can be overwhelming. Caring and educating your teen is a full time job with both rewards and challenges. Too often parents leave out money as part of the educational process.

Parents: Time Is Money

Neale Godfrey | Posted 08.25.2013 | Parents
Neale Godfrey

You have to teach your children to connect their "earning power" and "buying power" to the concept of time. How much time will it take for them to earn enough money to buy those trendy boots they want?

The Profound Financial Power of Fatherhood

Neale Godfrey | Posted 08.11.2013 | Parents
Neale Godfrey

Whether biological, step or adoptive, the influence of a father figure in a child's economic life is wide reaching and long lasting. Even the absence of a father figure has a lifelong effect on a child.

Family Vacation: Fun and Learning

Neale Godfrey | Posted 08.04.2013 | Parents
Neale Godfrey

f your family is fortunate enough to be taking a summer vacation, are you and your children going to tear around the house stuffing clothes in bags and rummaging through drawers for maps and sunscreen? I have two very important words for you: plan ahead.

Help Your Child Have a Productive Summer

Neale Godfrey | Posted 07.29.2013 | Parents
Neale Godfrey

Just because school's out doesn't mean learning takes a holiday. Summer is the time for expanded freedom, casual attire and family vacation, but it is also the perfect time for life lessons.

Do You Keep Money Secrets From Your Kids?

Neale Godfrey | Posted 07.14.2013 | Parents
Neale Godfrey

We are passing our bad habits down to our kids. They see us spend but not save, pay bills or give to charity. You have to get your child involved in all of it. The only way to get money is to earn it. Make sure your handling of money is visible and simple for them to understand.

3 Ways To Stop The Nagging

LearnVest | Posted 07.08.2013 | Parents
LearnVest

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.

Identity Theft: It's Not Just for Grownups!

Neale Godfrey | Posted 06.23.2013 | Parents
Neale Godfrey

Kids have pristine records with no real credit score of their own. Parents generally don't think to monitor the status of their kids' identity. This is the perfect combination for children to be the easy targets of identity theft.

Teach Your Kids to Clean Up the Shmootz

Neale Godfrey | Posted 06.16.2013 | Parents
Neale Godfrey

Shmootz is all around us. We all have areas in our lives that could use a little spring cleaning. Involve your children and make a family project out of finding -- and cleaning -- the shmootz in your life.

Financial Literacy Month: Don't Forget Your Kids

Neale Godfrey | Posted 06.10.2013 | Parents
Neale Godfrey

We have a very low success rate of saving in the United States, and we are passing this legacy of spending on to our kids. We need to see that our children are taught these skills so that they can grow up to be financially literate, and we need to start young.

When Do I Start Teaching My Kids About Money? From Jean Chatzky (WATCH)

Posted 08.14.2013 | MarloThomas

It's never too early to start teaching your kids about money. Money expert Jean Chatzky dropped by Mondays With Marlo this week and explained that you...

Five Positive Money Lessons Parents Are Teaching Their Kids

Neale Godfrey | Posted 05.27.2013 | Parents
Neale Godfrey

The best way to make sure that your kids understand the reality that Money Doesn't Grow On Trees is to put them on an allowance and to teach them how to budget their money.

Top Five Money Mistakes Parents Make With Their Kids

Neale Godfrey | Posted 05.19.2013 | Parents
Neale Godfrey

We want "kids to be kids," so money seems like a grown up topic that we can put off. It's easy to send messages that confuse our kids and harm the family's financial health -- but, you can change that.

Are Your Kids Riding the En-tidal-ment Wave? Part 2

Beth Kobliner | Posted 05.12.2013 | Impact
Beth Kobliner

We all know that there-are-kids-starving-in-fill-in-the-blank isn't really effective when trying to get your kids to finish their dinner. Same is true with volunteer work.

Teens and Cars Can Drive You Crazy

Neale Godfrey | Posted 05.06.2013 | Parents
Neale Godfrey

Just reading the words teens and cars in the same sentence probably sends you reaching for an antacid. Unfortunately, that queasy feeling is well founded. The privilege of driving is costly, and teen driving can be dangerous.

How Real Parents Talk Money With Their Kids

LearnVest | Posted 04.29.2013 | Parents
LearnVest

Television. School. Osmosis. These are just a few of the ways that many parents would prefer that their children learn about finances -- as long as they don't have to bring up the sticky subject themselves.

Are Your Kids Riding the En-tidal-ment Wave? Part 1

Beth Kobliner | Posted 04.24.2013 | Business
Beth Kobliner

As a parent, you're not alone if you find yourself in shock and awe over all the stuff your kids possess. I mean seriously, would you ever have imagined having that much when you were a kid?

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?