Cash on hand

Article Abstract:

Most psychologists agree that children should receive an allowance, although only half of US children actually receive one. An allowance teaches important lessons in money management. Many psychologists believe that allowances should not be tied to chores.

Analysis, Children's allowances

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The bucks start here: money-makers for kids

Article Abstract:

Age-appropriate entrepreneurship can provide children with valuable experiences. Tips on how to encourage children in the following sorts of ventures are provided: personal services, pet care, child care, promotion, security and recycling.

Economic aspects, Study and teaching, Parent and child, Parent-child relations, Entrepreneurship

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Cash course for parents

Article Abstract:

Families should set a monthly spending plan in order to effectively manage their budgets. Such a plan entails tracking spending and saving patterns. Aids such as personal finance computer programs are helpful.

Management, Finance, Personal finance, Personal budgets

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