A reader named Sakura sent me an email asking the following question: How do you keep costs down with teenagers? I have 18, 15, and 7 year-olds. The first 2 are getting harder to shop for because they are wanting and needing bigger items. Great question, Sakura, and one every parent of a teen can […]

Thanks to The Simple Dollar I was made aware of this interesting conversation about kids and allowances. We have never done allowances with our kids. I’ve tried a couple of times but, frankly, it was a pain. My kids seem to have more than enough money coming into their lives from things like birthdays, Christmas, […]

I ran across this article by Janet Bodnar at Kiplinger’s online today: Six Money Skills for Kids to Master. Here is the list: 1. How to handle a cash allowance. 2. How to save for a goal. 3. How to compare prices. 4. How to manage a checking account. 5. How to appreciate the magic […]