Category: Financial Literacy
How to Explain Needs vs Wants to Children
As parents, we’re responsible for covering our children’s needs like water, clothing, a roof over their head, and food. When the time comes to explain the essentials of needs vs. wants, it can be challenging, but not impossible. Today as a working mother who promotes family products and services online as a profession, I made […]
Yes, you should give your child an Allowance
It’s one thing to teach your kids the difference between wants and needs, or what credit cards are, but helping them to develop good money habits is about practice, practice, practice. Just like all those piano lessons and soccer games, giving kids the opportunity to try and try again with money through a weekly or […]
Summer Activities for Kids that Teach the Value of Money
School is out, and the summer holidays are here! We know what you’re thinking: how are you going to fill up your kids’ extra time? Instead of them spending all those extra hours on their phone or watching TV, why not engage them in fun activities that they can learn from? Especially about the value […]
Should Chores be Rewarded with Money?
We shouldn’t underestimate children. They are capable of doing so much, even from a very young age. Also, there are so many benefits to having them participate in work around the house. Research shows that children who complete household chores have higher self-esteem, become more responsible, and learn how to deal with frustration. They also […]
Why entrepreneur skills are important for children.
Why entrepreneur skills are important for children
What is financial literacy?
What is financial literacy, really?