7 money moves to make right now

Article Abstract:

Raising a child costs a lot of money and advice on money matters for parents is presented. Parents need to be aware of the importance of life insurance and investing for the future of their children and seven financial ideas are described.

Management, Behavior, Parents, Finance

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Making allowances

Article Abstract:

Teaching children to manage their allowance effectively requires the allowance to be somewhat generous so that planned purchases by the child could be made in reasonable time. Parents should abstain from saving children when they make mistakes with their allowances so as to reinforce the lesson.

Training, Parent and child, Parent-child relations, Children's allowances

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Raising a savvy consumer: teaching your child to be a discriminating shopper can yield big payoffs for the whole family

Article Abstract:

Children under the age of 13 are responsible for a significant amount of the $212 billion spent by consumers in 1998. This shows that parents must start teaching their children the concepts of sales pressure and purchase evaluations early enough to ensure that they will grow into smart consumers. Some strategies on how to make smart consumers out of young children are presented.

Methods, Parenting

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