By: Rebecca Post, Guest Blogger
As another school year draws to a close, your children will be taking exams and completing final projects. You may assume that your child would never cheat, but you may also be aware of Americans’ shifting values around cheating. It seems that even some educators cheat. Most recently, 35 educators in the Atlanta Public Schools were indicted for falsely improving students’ test scores. Read more >>Blog Image: FiveStar Rating: 0
Talk about money with your kids when the conversations are easy and when they’re tough. When we talk about money with our kids, we teach them how to think about money and how to make positive choices.
Letting your kids be responsible for their own outcomes (even if they’re not necessarily what you want) is challenging, but remember that empowerment is important.
If you expect your teenager to pay for part or all of her further education after high school graduation, be clear about that and look together for ways she can earn that money.
Model healthy, supportive friendships for your children.
Encourage kids to slow down their spending. For example, if your son gets a gift card or earns cash, try to get him to hold on to it for a while. Help him develop ways to save and to be more intentional about what he spends his money on.
When you feel overwhelmed by the role you play as a parent, remember that you’re not alone in raising your children—they need other caring adults and relatives, too.
Encourage kids to save money by placing some of their funds in a safe place, such as a savings account, a piggy bank, or a wallet that is meant only for savings.
At your next family meal, go around the table, each sharing one challenge and one accomplishment from the week.
Encourage your kids to save for things like a new bike or a concert ticket—and in the long term, for expenses like college tuition or a car. Having a savings goal makes the budgeting process more real and tangible.
Teach your kids that everybody has personal values, even though others’ may be different from their own.
By: Vicki Bohling
My name is Vicki and I’m a mean mom. Not all the time, mind you, but I apparently have it “in me”.Blog Image: FiveStar Rating: 0
Introduce your kids to adults who have solid financial skills. Ask the adults for tips they’ve learned for managing their money well—and some of the traps to avoid.