Teaching Kids About Money: Why We Give Our Kids a Responsibility and Chore Chart and Pay for ChoresLeandrea Voskanian, 14 Sep 10:00 AM Being a paren

       
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Teaching Kids About Money: Why We Give Our Kids a Responsibility and Chore Chart and Pay for Chores
Leandrea Voskanian, 14 Sep 10:00 AM

Being a parent is tough. It starts with sleepless nights, dirty diapers, and around the clock feedings. Slowly those parenting requirements morph into money, responsibility, and independence. How is it that the little baby that fit so comfortably in our arms grows into an adult who will enter the real world and make decisions independently? It seems like just yesterday I was choosing which clothes my girls would wear and how I would do their hair. These days I am occasionally asked my thoughts on outfits and a headband, but most of the time my opinion doesn’t really matter. Our family is truly in the beginning stages our girls turning into little adults …. and then real adults (and it is terrifying and exhilarating all at the same time). One thing that my husband and I know for sure is that we need to prepare our girls for a world full of money and debt. We started using a Responsibility/Chore Chart at an early age (they are now 6 and almost 8 and we have used this system for about a y...Read More

Smart Money Smart Kids is a Must Read for Parents
Leandrea Voskanian, 08 Sep 12:00 AM

Being a parent means you are constantly unsure if what you are doing is wrong or right (as if those words can be clearly defined. I mean – there are definitely some WRONGS to parenting, but some of the rest just feels like it could be wrong (juice boxes, after school care, too many or not enough extracurriculars). When it comes to parenting and MONEY there are so many questions. Do you pay your child for chores, do you use a chore chart, are good grades worth paying for, what is the policy for turning 16 and getting a new /used/hand-me-down car, how will college be funded, and what about weddings? Is your head spinning just thinking about that? It definitely gives me the start of a headache…or maybe an panic attack. That is why I am currently reading books written by experts on how they handled finances with their children.

My girls are almost 8 and 6-and-a-half. The years between now and driving are going to blur. One book that I recently read is Smart Money Smart Kids written by Dav...Read More

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