It’s amazing how many simple, day-to-day opportunities there are to discuss money management with kids. Below are examples of daily money lessons, concepts, and tools to teach kids of all ages.
GUEST BLOGGER: KATHY RIGGS
Why is teaching children about managing money so important? There are all types of money messages we receive from society, “Money is the root of all evil”, “Money doesn’t grow on trees”, “That money is burning a hole in your pocket” etc. For me, teaching my child to be self-disciplined with money goes right in line with teaching him to be kind, polite, and aware of other’s needs. Below is a series of questions, a checkup, to see how you’re doing teaching your kids about managing money.
Teaching Children Money Habits Checkup.
Answer the following “Yes” or “No” questions. “Yes” answers indicate ways you are helping your child learn money management skills. “No” answers could mean you may need to help them more.
IT’S JUNE! Kids are out of school for the summer and NOW is a perfect opportunity to take time in every day moments to teach them about money! To make it even easier, we’ll be sharing tips for teaching children money management, Monday-Friday, ALL MONTH LONG over on the Utah Money Moms Facebook page (@utahmoneymoms). Ideas from experts as well as tips submitted by Utah Money Moms followers will be sure to get you thinking of how best to teach your own kiddos. Be sure to follow our Facebook page so you don’t miss any!
On Thursday's in June, we'll post on the blog an in-depth kids and money topic. Watch for the first one coming up on June 6th!
ALSO...stay tuned for a SUPER great kids and money give-a-way opportunity during the last week of June!
For more Teaching Kids Money Management tips, download the full publication HERE.
GUEST BLOGGER: MELANIE JEWKES
I often think that maybe, just maybe, the “manna” in Moses’ time was really potatoes. At least I hope it was something like a potato, because if I had to choose just one food to eat every day for 40 years the ingenuity of a potato is wonderful. There are so many ways to cook and prepare potatoes that I hardly grow tired of them. In addition to the thousand and one ways to eat potatoes, I also love them because they are healthy budget-stretchers. Wait! Did I just say a potato is healthy? I know, I know...those poor little tubers have a bad reputation, but most of the time we can blame that on the butter, salt and sour cream commonly associated with potatoes.
I am a personal finance expert sharing real-life money smarts that help me and my family stay on track with financial goals while still enjoying life!
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