My son has always been around people who own their own businesses. Entrepreneur examples are plentiful, so it is no surprise that at ten, he’s already brainstorming what kind of business he will have. when he “grows up”. Recently I explained that most of the people whom we know with businesses have run the gamut on start up businesses. And as a rule it
I have been teaching my son money management skills for many years by using his allowance as a guide. Everyone handles allowances differently, like when to start, how much to give, and whether allowance is payment for chores. Now that my son is 10 I see a great difference in how he perceives money. In our case, it may have helped we started when
In a recent web group discussion, homeschooling parents were discussing the cost of education. The discussion took a turn when one post pointed out that Connections Academy (the online public school option) receives approximately $8,000 per student from each of the states it is available in. Another homeschooling mom posted that in NY, public schools receive $17,500 per student. It’s shocking really, to see
If your children are like mine, they are always on the lookout for ways to earn a little extra spending money. And with summer just around the bend, they have more time to try new ventures and opportunities. If you have a child who’s too young for traditional employment, you might help him get started with one of these ideas: Make crafts to sell:
With summer right around the corner, my thirteen-year-old is anticipating his first paying job — doing lawn-care for his uncle. While he’s done odd jobs here and there for me around the house, this will be his first steady source of income, and he’s excited. His sister (age 11) has been a little discouraged, though, as she would like to be earning money too.
From an early age, children learn that you need money in order to purchase something from the store. It’s so much fun to let a young child pick something out, give him the exact change, and allow him to pay the clerk. You’re child will have an even stronger sense of satisfaction, though, if he uses his own money that he has saved to
I’ve read a lot of different views regarding giving children allowances. Should children be paid for doing daily chores? Don’t they need to understand that every member of the family contributes to the upkeep of the home? Should they get paid for that contribution? I decided that while it’s important children learn to help out around the home, it’s also vital that they learn