Raising Money-Smart Kids

Posted by BALANCE on Apr 15, 2021 11:24:53 AM

Every year, American children receive over $15 billion in allowance, gifts and wages – reason enough to start teaching children money management and consumer skills at a young age. The following tips can make the difference between a child who grows up to be financially secure – and one who isn’t.

Teach by example: The best way to instill good financial habits is by “walking the talk.” For instance, when you go shopping, include your kids in the process – planning, budgeting, and comparing prices and quality. If they urge you to buy something that is over budget, explain that spending more on the item you’re purchasing today is not as important as saving up for something else you need or want in the future.

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Topics: Youth Education, kids, family

Shopping For School Supplies

Posted by Melissa Egeler, Marketing Assistant on Aug 13, 2015 9:17:00 AM

Whether you’re hit with a bout of nostalgia for those old school days, or breathe a sigh of relief thinking “Thank goodness, that’s over,” the school supply list that arrives faithfully in your mail or email probably evokes memories. If it’s not memories of your own school days, it’s memories of school supply shopping. And if you dread school supply shopping, you’re not alone.

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Topics: back to school, kids, budget

Back-To-School Budget Basics

Posted by Lynn Brahmer, Member Services on Aug 4, 2014 1:55:39 PM

My children are all grown now, but I can vividly remember our back-to-school shopping trips. I’d have the cart and all three of them would run up and down the aisles, grabbing things and dropping them in the cart while I was saying things like, “Do you really need SEVEN new folders?”and “Don’t you already own a pencil sharpener?”When we’d finally get up to the cash register, there would be a mound of supplies, a huge bill and one shocked mom. 

Pencils, paper and folders can add up really fast, especially if you’re shopping for more than one child. But if you’re careful, it doesn’t have to.

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Topics: Saving, back to school, kids

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