According to the booklet entitled "Making Marriage Last," problems relating to financial matters are a major reason why marriages break down.1 In my research this was confirmed multiple times. Money is a huge cause of divorce! Because of this, my husband and I are diligently teaching our children the value of money, giving them a work ethic, ...
Money Management for Children
Money Management and Behavior System for Children: Q/A
credit Since beginning our Money Management for Children program a week ago, I have been collecting your questions. Here are my thoughts! Q: This sounds like an allowance program and that you are paying your children to do basic chores. A: I have been admitmently against paying our children for basic chores and ...
Money Management and Behavior System for Children: Collecting
credit (Click to begin our Money Management for Children series.) You have probably seen these clever ideas on Pinterest. Ideas to help moms spend a couple of hours of their time to make a cute box or bag to help children develop responsibility. Some call them ransom buckets, pick-a-chore boxes, or even "Gunny" the toy-eating ...
Money Management and Behavior System for Children: Cashing It In
credit So far I have shared what the Quarter Coaching Program is, how it works, an example, and how to coach your child through it. Today I want to share the list of ways that our children can cash in their money. These are ideas that we came up with together. Some have been used a lot where others haven't been a big ...
Money Management and Behavior System for Children: Coaching
credit Today, I want to focus on the coaching aspect of the system - budgeting. (Click to start at the beginning of this Money Management series.) The basic rule for all money management systems is to spend less than you make. If you do the opposite, you will find yourself in a heap of trouble with creditors! This is where ...
Money Management and Behavior System for Children: Quarters
credit Yesterday I set up our Money Management and Behavior System for Children called Quarter Coaching and explained how it works. Today, I want to expound a little further on the quarters and provide you with a week long example. When setting up this program I wanted to reward the children for contributing to the family and ...
Money Management and Behavior System for Children
credit I have been like an octopus reaching in every direction for something that would work. Considering that I was seeking an idea to cover three different avenues of parenting, it's no wonder that it took so long to find what I was looking for. I wanted something that would teach our children financial wisdom. I needed ...
Review: Raising Financially Confident Kids
"In other areas of life, we were diligently teaching our children important values of responsibility, honesty, self-discipline, and faith. But failing so miserably in this matter." Any guessing on what "this" matter may be? After looking at the book image above, you probably guessed it. Financial responsibility. Looking back, Mary Hunt ...