tag:blogger.com,1999:blog-1465867677762395374.post6860046972761705540..comments2024-03-28T04:12:34.660-04:00Comments on Raising Memories: Making & Documenting Family Memories: Teaching Children Financial LiteracyHeather @ Raising Memories Bloghttp://www.blogger.com/profile/05196945014117018777noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-1465867677762395374.post-62907181023454677012023-01-22T00:49:59.911-05:002023-01-22T00:49:59.911-05:00Nice tips and ideas that parents should follow thr...Nice tips and ideas that parents should follow through for their kids financial learning.ODPhttps://www.odparaplanning.com.au/noreply@blogger.comtag:blogger.com,1999:blog-1465867677762395374.post-13612660626046024062017-11-29T06:13:24.166-05:002017-11-29T06:13:24.166-05:00This is important. I know so many young adults tha...This is important. I know so many young adults that have so much silly debt. nicolthepickle (Nicole Graham)https://www.blogger.com/profile/14009173527646612726noreply@blogger.comtag:blogger.com,1999:blog-1465867677762395374.post-60480390431981781632017-04-13T23:09:52.729-04:002017-04-13T23:09:52.729-04:00This is such a great post because a high number of...This is such a great post because a high number of people today don't know how to be responsible with money. Most people today are so deep in debt and they live paycheck to paycheck plus they live off of their credit cards. I only use my credit cards to collect points and I never spend more than I make but most importantly I pay it off every month so I don't pay interest. I think you are doing a great service by teaching your kids about being responsible with money and hopefully it'll pay off in their future.Debbie White Beattienoreply@blogger.comtag:blogger.com,1999:blog-1465867677762395374.post-481585769793034042017-03-03T21:16:40.773-05:002017-03-03T21:16:40.773-05:00This is such a great post. We're definitely t...This is such a great post. We're definitely trying to implement some of these strategies with our kids. We talk openly about the cost of things and intentional purchases vs. ruthless spending. It's starting to sink in. Love how you broke it down by age group :)S.Kerrhttps://www.blogger.com/profile/10279269032775668548noreply@blogger.comtag:blogger.com,1999:blog-1465867677762395374.post-43126736521161492992017-03-02T12:55:01.358-05:002017-03-02T12:55:01.358-05:00I'm teaching my kids want Vs need with their f...I'm teaching my kids want Vs need with their financial choices. It helps with deciding about saving/spending.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1465867677762395374.post-55046887482732115882017-03-01T22:02:14.821-05:002017-03-01T22:02:14.821-05:00This is probably one of the most important life le...This is probably one of the most important life lesson we can teach our kids. Thanks for breaking it down simply and by age. I completely agree and we opened a bank account for our son last summer when he was 5. He's learning so much about saving and spending even though some concepts are still hard for him to understand (like using his debit card to pay for purchases and how the money will be automatically withdrawn from his bank account). Great conversation to have with the kids either way and they're never too young either.Anonymoushttps://www.blogger.com/profile/10943618152748240419noreply@blogger.comtag:blogger.com,1999:blog-1465867677762395374.post-69895044123526128502017-03-01T15:10:35.045-05:002017-03-01T15:10:35.045-05:00Great tips! We too have started to teach our kids ...Great tips! We too have started to teach our kids the true value of money!Anonymoushttps://www.blogger.com/profile/03775165939797493940noreply@blogger.comtag:blogger.com,1999:blog-1465867677762395374.post-63266775998856290662017-03-01T14:29:56.588-05:002017-03-01T14:29:56.588-05:00These are fantastic tips! My mom gets the kids to ...These are fantastic tips! My mom gets the kids to help her out for money too. And it's interesting to watch the kids with the money they've earned, because they hold onto it much more carefully. If Mom and Dad are willing to buy, they're all for it, but not with their own money. ;) I wish we had started saving sooner for their post-secondary, but we have some at least, and a few years to go!JoKnowshttps://www.blogger.com/profile/10282621916141807042noreply@blogger.comtag:blogger.com,1999:blog-1465867677762395374.post-89162783256510465882017-03-01T12:16:19.411-05:002017-03-01T12:16:19.411-05:00Such great advice! I've tried to teach my kids...Such great advice! I've tried to teach my kids about money since a young age, but I know I could have been more consistent with certain messages.Susan (5 Minutes for Mom)https://www.blogger.com/profile/14985398051841638032noreply@blogger.comtag:blogger.com,1999:blog-1465867677762395374.post-81756198090788589732017-03-01T12:13:21.926-05:002017-03-01T12:13:21.926-05:00I have one kid who is amazing at saving money but ...I have one kid who is amazing at saving money but also spends it on a whim. You are right that they really have an eye-opening experience when they spend all their money and have to save again. aneta alaeihttps://www.blogger.com/profile/13910120500787584936noreply@blogger.comtag:blogger.com,1999:blog-1465867677762395374.post-17493506673878336312017-03-01T11:05:23.393-05:002017-03-01T11:05:23.393-05:00Save with a goal is a great one. My kids do that a...Save with a goal is a great one. My kids do that and are good at it. That's because we started this learning process early. Another thing I like to do often is quiz them just at random. How much do you think that cost? Might even be something like a bag of croutons which was out last night when we were making salad. She noted how little was in the bag and said what a rip off then I said well, how much do you think it cost? She said $4. I noted at $1.99 it really wasn't a bad price at all. I think that helps give perspective sometimes too. Paula Schuckhttps://www.blogger.com/profile/00654893690755008668noreply@blogger.com