I’ve been more diligent about teaching my 6 year old daughter earning and other money lessons in the last few months. She hasn’t shown much interest in doing chores to earn money or even have money to buy toys until this year. I think that has partly been because of her age and also because my [...]
Tag Archives | Kids and Money
Teaching Children About Money: A Conversation with My Daughter About School Loans
My 7 year-old daughter, Ava, recently showed me why teaching children about money is so important even if we think they may not understand all that we are talking about. Ava just finished first grade. During the last week of school, her school had Award’s Day for the students. Ava got a gold medal (it [...]
How Kids Can Earn Money this Summer
Summer will soon be upon on us and this is the time of year that parents start thinking about how kids can earn money. The kids are interested in making extra spending money for their summer fun. It’s also a wonderful time for parents to help their children learn responsibility and a good work ethic. Depending on [...]
Are You Leaving an Inheritance for Your Children?
Isn’t it interesting how life’s bigger events seem to get people more serious about their finances such as leaving an inheritance for your children? I know when my wife became pregnant with our daughter; all sorts of questions were raised. Will you stay home with the baby or continue working? How do we pay off [...]
Show Them the Money | Teaching Teens About Money
What you are currently teaching your teens about money has everything to do with whether they will be in debt up to their eyeballs ten years from now. The teen years are the habit setting years – whether it’s snacking, studying or spending. These are the years when young buyers (and their parents) begin to [...]
Facebook Tips to Help Protect Your Children’s Financial Future
As a public commuter I try to read or blog on my bus ride home. On a recent trip home, I turned to an article in Money magazine. The article provided a number of tips to help children make better moves on Facebook to avoid financial problems. As I read the article, I noticed the person in front of [...]
Teaching Kids How to Give, Save and Spend Money
This is a post from Danny Kofke, Everyday Money Hero and author of “How To Survive (and perhaps thrive) On A Teacher’s Salary.” My wife, Tracy, is a stay-at-home mom to our two young daughters – Ava, age 6 and Ella, 3. We don’t make a large salary so we have to be frugal with [...]
How Young is Too Young to Start Teaching Children About Finances?
Have you ever wondered when you should start teaching your children about finances? Many college kids today get themselves into so much financial trouble – student loans, credit card debt, car loan, etc, because they have never been taught how to be wise financial stewards. Those college graduates then come out with an average of [...]
Can You Afford to Send Your Kids to Private School?
Sending our kids to a Christian private school is something we’d love to do someday! Can we afford private school? Unfortunately, I would have to say the answer is no at this point in our lives. Certainly all tuitions differ in cost and it depends on the school and location. I recently checked into kindergarten [...]
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One Money Design is a personal finance blog that exists to help people make progress along their journey to true financial freedom and become more generous with their time and money.
