Tag Archives : money

money managment teen boy

Top 7 money management secrets you must teach your teenager

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  7) Teach them to pay themselves first Ever feel like the minute you get a paycheck, every bill is in line to get paid before you. By the time they’re done with you, there is nothing left?  I can relate! I’ve learnt to take a proactive approach.  I make a conscious decision to pay myself first. Teach your teen a core…

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money management american bills

Top 7 Money Management Secrets You Must Teach Your Child

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    7) Teach them delayed gratification The “Stanford Marshmallow Experiment” was a series of studies on delayed gratification where pre-school kids were enrolled in the study at Stanford University in the late 1960s.  They were followed-up 30-40 years later.  In these studies, a child was offered a choice between one small reward provided immediately or two small rewards (i.e., a…

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Top 7 must-read books to teach kids about money

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7) The Berenstain Bears’ Trouble with Money by Stan and Jan Berenstain     Summary: Brother and Sister Bear spend money as soon as they get it.  To make money of their own, the cubs decide to start their very own businesses, from a lemonade stand to a pet-walking service. This beloved story is a perfect way to teach children about the…

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