Christmas and birthdays are often a time when kids get a windfall of cash and gift cards. Should you let them run right out and spend it all? Whoa. Not so fast. An incredible teaching opportunity for your kids has just presented itself. Check out Bob’s interview with Murray Feldman on Fox 2 Detroit about teaching your kids how to handle the gift of money.
All Goals Articles
Turning Gifts Into Financial Literacy
Posted on December 26th, 2011 by BobLetting Kids Participate in Family Money
Posted on October 27th, 2011 by JeffWe had a mom write in with some ideas that she uses with her own kids at home. We thought they were great, so we wanted to share them with you.
Re-imagining the 3 Little Pigs
Posted on September 28th, 2011 by BobThe third little pig listened to his mother’s wise words and said “I don’t plan to live like the birds. No straw nor sticks will do for me; I plan to build my house solidly.” With his goal clearly defined and a budget in mind, the third little pig developed a plan and a timeline. “With a little hard work and some shopping around, I’ll have my brick house to keep me safe and sound,” said the third little pig.
Back to School Time is Really Time to Move Forward
Posted on August 25th, 2011 by BobI know other moms who’ve experienced this mom-switch syndrome, but whether you can relate or not, there’s no denying that back-to-school time is about making transitions. Schedules, extracurricular activities, homework, new teachers, new friends, carpools, books, supplies, clothes…it’s time to pull up our socks and get moving again!
The 5 Secrets to Help Your Kids Achieve Their Goals
Posted on August 11th, 2011 by JeffThe secret behind these 5 secrets is that they aren’t just for kids. Leaders of Fortune 500 companies go through the same thought process during annual strategic planning as well as their daily priority setting. Start forming these habits now in easy, small ways and you’ll be giving your kids quite a leg up in the world!
The Secret of Setting Goals
Posted on August 1st, 2011 by JeffThe simple act of setting a goal is the most important step in accomplishing it. It’s that tiny first baby step, but it’s absolutely required and it sets everything else in motion.
Did you know that an astounding 97% of the population does not take the time to set goals? FamilyMint provides a great way for your children to get started on the road toward developing the goal setting habit.
The Envelope System Made Easy
Posted on July 18th, 2011 by JeffThe Envelope System is a popular method of budgeting, and for good reason. The process is dead-simple.
5 Money-Smart Shopping Tips
Posted on June 20th, 2011 by BobWho doesn’t like to shop? Oh, I know there are guys out there that will say they hate shopping, but you catch them on the web surfing for a new Ipad or the latest and greatest gizmo. We’re a consumer society. That’s what we do…we buy stuff. But there’s smart shopping and not so smart shopping. Who wants to be a smart shopper? Well here are some tips to help you and your kids stretch that dollar:
Top 10 Money Tips for Parents
Posted on May 19th, 2011 by Jeff“But why do I have to wait two weeks?” said my 12 year old son. “O, come on, please! I really want it and I won’t want anything else for a long time!” This was almost a weekly ritual in my house as my son would look through the Sunday ads for good “deals.” We had tried many things, including a mandatory two week waiting period, but nothing seemed to really help.
Kids eating marshmallows predicts future success 100% of the time
Posted on April 28th, 2011 by Jeff100% of the kids that waited to eat a marshmallow were successful (good grades, relationships, happy) 15 years later when they were 18/19 years old. Wow! The ability to delay gratification really can predict future success.