You’re out at the mall and your child sees a toy they’ve decided they absolutely cannot live without. They beg you for it. You look at the price tag and say No, you’re not spending money on that. They throw a fit in the middle of the store. You try to leave the mall as gracefully as possible while carrying a screaming child. You make a mental note to find a babysitter the next time you really need to shop.
Most parents or guardians can relate to the experience of having to turn down their child’s desperate pleas for an expensive toy, game, or item of clothing that they don’t need. So how do you let your child down without also inadvertently triggering a temper tantrum?
Continue reading “How to Reframe ‘No’ for Your Child When it Comes to Spending”
There is no set age by which children mature, which can make it difficult for parents to gauge when their kids are ready to take on more financial responsibility. On the surface it may not seem like there’s a huge difference between giving your child cash and giving them a debit card, but for most kids, getting their very own piece of plastic is the first step into the adult world. It comes with restrictions, limits, and rules that are imposed by a bank rather than by you.
Continue reading “Is Your Child Ready for a Debit Card?”
One of the best things you can do for your children is teach them smart money management techniques from as young an age as possible. Most kids (either consciously or unconsciously) learn their own money habits from observing their parents, which is why it’s vitally important to set a good example for them. Here are some tips to help you teach your kids to be money smart.
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Whether you’re a new parent or you’re revving up for your first road trip with the kids, we have a list of tips and suggestions to make them as comfortable and safe as possible in the car. It doesn’t matter if they’re in the car for two minutes or two hours – your child’s safety should be your first priority. Here are some tips on how to effectively child-proof your car.
Continue reading “How to Child-Proof Your Car”