When I saw a promotion for a $50 bonus for my teenager to open an account with Fidelity (debit card! investing! no fees!) I thought it might be too good to be true. Come learn about our opening saga and check out my tips to avoid all our mistakes so your experience goes more smoothly.
Saving
Allowance Payment Methods ~ Allowance Week
So you decided how much you’re going to pay your kids, what it will be based on, and how you’ll have them divvy up their money. But what about the practical here – how exactly are you going to pay them? After all, if you’re like me, you may or may not have cash for […]
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What To Do With That Allowance? Spend, Save, Share ~ Allowance Week
Now that you’ve decided what you’re going to use to figure out the allowance you’re paying to your kids – and how much you’re going to give them – you’re faced with the question of what they should do with it. After all, you don’t want to just fork over a bunch of money for […]
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What I Hope You Learned From Our Trip To The Bank
The other day, I took my kids to the bank. They had some CD’s that were maturing, and I was hoping to use the experience to teach them a few financial lessons. Here’s that story – and what I hope they took away from the experience.
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Kids and Taxes – What You Need To Know
Kids and taxes – what do you need to know? Today I’m giving a brief overview of kids and taxation, and talking about the keys you’ll want to keep in mind (and how to help your kids).
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Wizard Chess and Hoverballs – Teaching Kids Hard Lessons About Money
Part of having kids is teaching them hard lessons about money. Sometimes parents find it tricky to teach things like deferred gratification, or making wise spending decisions, to their kids without lecturing them. Today I share the story about the role Harry Potter Wizard chess and Hoverballs played in helping my kids learn these lessons.
