Tag Archives: money

Playing the Numbers Game

It’s dinnertime and you’re frantically scrambling to get your three kids under six years old fed before you have to get the oldest to his soccer game and the middle one to the barber.  You swing into McDonald’s, order, squeeze into a booth, divvy up a 20-piece McNuggets amongst your offspring, and then quickly shove the first meal of your day down your gullet. What’s the last thing you’re thinking about during this manic mealtime? Well, other than wondering if Kate Middleton is breastfeeding Prince George. That’s right; calories. Those numbers, which are now posted on many restaurant menus in … Continue reading →

It’s That Time of Year Again

Doing taxes can be intimidating for anyone, but as a single parent it seems that they become much more complicated and the task much more daunting. Most divorced couples switch off every other year claiming the kids. This can get rather complicated if you’re unfamiliar with filing your taxes. They ask all kinds of questions about who the child lives with and who provides more than half of the child’s expenses. Entering in this information can be tedious, especially if you aren’t the one that gets to claim the kids that year. Just because they live with you and you … Continue reading →

Are You Raising an Entitled Child?

It’s no secret that kids today have more than ever before. The majority of the elementary school classrooms I walk into have children with much nicer phones than I have. They also have ipods and all sorts of other things we didn’t have as children. They have no concept of the value of a dollar because things simply get handed to them without any expectation. As a parent we want to provide our children with as much as we can, but we also want to teach them the value of hard work. If you feel that your child may be … Continue reading →

Don’t Put All of Your Eggs in One Basket

One thing that it is important to keep in mind when you start your own, home – based business is that timeless phrase, “don’t put all of your eggs in one basket”. When you work outside of the home, chances are that someone else is responsible for providing a job for you to do. When you have your own business, you are responsible for making sure that you have enough work to keep yourself busy (and fed, and clothed). The best way for a home – based professional to ensure that he or she always has enough work is to … Continue reading →

Four Ways to Downsize the Gimmies

Don’t let the “Gimmies” take over your home. Use the following advise to downsize the constant requests for stuff from your kids. Limit Media Exposure The number of commercial ads that our kids are exposed to on a daily basis is staggering. All of those ads have just one purpose, to sell us stuff, our kids included. The more ads our children are exposed to, the more things they will believe that they have to have. These ads are very clever at manipulating our children into never being satisfied and always wanting more. Limiting the media exposure our children receive … Continue reading →

8 Things Kids Need to Know about Money

It is never too early to start teaching your children about money. While many parents shy away from discussing financial issues with their kids, this can be one of the biggest mistakes that they make. Instilling good habits and a basic understanding about how finances work can give your child an edge that will stay with him or her for a lifetime. 1. There is a difference between the things that you want and the things that you need. Wants versus needs can be a tough concept for kids to understand, but teaching them that real necessities must be met … Continue reading →

Taking Debt Too Lightly

Why is it so easy to go into debt and so hard to get out of it? I think for modern generations, there has been a culture of taking debt too lightly. Fortunately, for some of us, that culture is changing toward one of getting rid of debt or not getting into it in the first place. Meanwhile, there is still a more corporate culture that encourages debt, and it is one, as individuals, that we have to fight against in order to be solvent and live a good life. Being offered a loan, whether it is a home mortgage, … Continue reading →

Raising Money Savvy Children

Logan and I went to the dollar store tonight. Originally this was just to pick out some Christmas presents for some dear friends of ours, but when Grandpa heard where we were going he couldn’t resist giving Logan a few dollars of his own to spend while we were there. Logan of course was very excited to get to pick some things out, but more importantly it provided a perfect opportunity to teach him a mini lesson on some rather important topics in today’s society. While he is only four, he was able to understand that two dollars can only … Continue reading →

Does Happiness Lead to More Money?

They say money can’t buy happiness.  But could it be that happiness leads to more money? Apparently new research shows that the happier a teenager is, the more money earned in adult years.  These were the findings after following more than 10,000 teens in the U.S.for 10 years. Happier teens earned 10 percent more than the average person’s salary at 29 years of age. But the less happy teens earned 30 percent less. What made this study even more interesting is that the results were the same, even after taking into account other factors such as the teen’s gender, physical … Continue reading →