Understanding Money
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Allowances and Finances
Asked by P.M. from San Antonio
on July 12, 2011
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Recently I read different ways parents teach their children the value of money. Some give their children a weekly allowance, some give them a monthly allowance, some ...
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- I never had an allowance. As soon as I was old enough I got a job, before that I babysat. My parents bought me necessities but extras I mostly paid for. My son (1...
- my two older brothers and i were all given five dollars every friday for doing chores. which were dishes, laundary, taking out the trash. we drew names on who did what...
- My mom had this can system. We received an allowance and immediately split it up into 3 cans - one for tithing, one for saving, and one for spending. I fully intend ...
Combining Finances - How Do You Do It?
Asked by S.J. from Charlottesville
on March 24, 2008
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I am new to this site so I am hoping that I can get some good advice on what to do. My daughter was born 3 months ago and my husband and I are trying to figure out ho...
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- Hi S., We handle finances that way at our home and what we did was take out a credit card that is only used to pay for the things our girls need/want. At the end o...
- My husband and I have been married for 10 years and we have had a joint account since we got engaged. Much easier to handle finances that way. The way I see it is, i...
- I just thought once you get married everything gets merged togther. Well when my husband and I were dateing and living togther we had sepreat accounts but now we put e...
Finances Question
Asked by K.B. from St. Louis
on July 30, 2011
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So I know Dave Ramsey is loved by mamapedia users everywhere and I have reviewed his site for some tips on how to fix my finances, but I'm still struggling and wonderi...
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- I printed out your question and took it to church to show my son. He has taken Dave Ramsey's seminar and teaches Finanacial Peace Ubniversity. He says that you pay t...
- i totally understand where you are coming from here ... i dont know how old your little one is but for me the first year was the hardest. i tried to apply for assista...
- I second angel food ministries. While you still have to pay for the packages, they are at a steep discount and have helped us out in the past. I do agree with trying t...
What Methods Do You Use to Teach Your Child the Value of Money?
Asked by J.B. from Bellingham
on January 21, 2008
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My husband and I are starting to think about starting up an allowance for our 4 year old. We would like to hear some ideas that others have used to teach their childr...
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- My granddaughter is almost 7 and we started giving her an allowance for chores when she could do just about anything to help. Sort socks, put tupperware away, feed th...
- Though four seems a bit young, I used edhelper.com worksheets that have the life size coin pictures to teach the difference in the coins. Be warned once you start, yo...
- I was given some great advice. Pay for some items with cash (not ATM or bank card) that way they can see the transaction, instead of going to the "money tree (ATM)" a...
Stay at Home Moms and Finances
Asked by S.T. from Kansas City
on March 24, 2008
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Hi I'm a soon to be stay at home mom of two and will be watching my 5 month old niece. Just wondering what other stay at home moms do about finances like groceries, fa...
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- Hi S., I am SAHM but also a home child care provider, and here are a few things we do. 1) When the prcie chopper ad comes in on Wednesday I look through it and...
- OH, it's tough and I will take some of the suggestions you are getting. Besides compare and shop (which is great but really time consuming). Just buy what you need. ...
- I have been a stay-at-home mom since my oldest was born 4 years ago. We also have a 2 1/2 year old and I babysit my 4 1/2 month old nephew. The other mothers have ...
Working Out the Finances in Marriage
Asked by A.B. from Chicago
on March 20, 2007
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Hi Moms,
I'm just curious to see how other families manage their financial situation. My husband works full time and I work almost full time running a small in-hom...
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- Hi A., I am sure this could really be a heated discussion, but I would just like to say that no one person in a marriage should be entitled to more money than the o...
- Its a tricky subject. Good for you for getting into the details of your home. We treat the household as a business. Then what we did was figure out what our monthl...
- Well not to sound mean, but there seams to be a lack of communication there. My husband and I make a budget for the month. We write down all the bills that have to be...
How Can a 10-Year Old Can Earn Money Fast?
Asked by C.M. from Chicago
on December 28, 2011
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This year my daughter wants to go to the American Girl store for the unveiling of the American Girl of the Year. She's excited because this year's American Girl is a g...
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- can she bake goods and go door to door to your family and friends and neighbors that you know ?
- Is there a family member that lives close that she can "clean" or baby sit while they clean?
- I second the shoveling snow and mother's helpers ideas. If she shovels snow, perhaps she could work with a friend, so there are two of them or more together? (less mon...
Teaching the Value of Money
Asked by C.M. from Chicago
on July 26, 2011
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I'm not sure if this is typical of the age group, or if we need to do something different.
My daughter is 10, and LOVES American Girl Dolls. She has been the luckie...
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- my mom never made me save gifted money. my mom did make me earn every penny that I had in my pocket that wasn't gifted, though. when I was a kid I had to do all the la...
- Hi C., I feel for you. I've seen my girls get whiny and pouty in stores too, and it makes me crazy. I appreciate seeing the other's Mom's ideas too. I would say that w...
- There is an AG book about money! It's terrific. It seems to me that maybe she acted like a brat because it worked before. Next time - before you leave the house, ...
Who Controls Your Finances?
Asked by K.K. from Erie
on April 21, 2009
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Just curious, I was wondering how people handle their money.
Does hubby play the bills and give wife an allotment
Does wife control money and give hubby lunch and ga...
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- Our church offers a financial class called Crown Financial. It is great!!! You can google to find out more about it. Also, I am a SAHM and have been the financial plan...
- you both need to agree on who pays the bills and set up a budget. Honestly 20 for Mcdonald's for you and 2 toddlers way too much. I only bought happy m...
- Hi K. K, I handle the finances in my house. My husband uses his debit card when he needs gas etc. The only time he really asks about purchasing things is if its ove...
Do You and Your Spouse Manage the Household Finances Together?
Asked by D.C. from Detroit
on September 17, 2009
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If you are a married mom - do you and your husband sit down and work out the finances together? Do you have separate accounts, if you've tried several methods, which w...
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- Hi D., My husband and I have a joint checking and money market account. All of our bills are payed out of the checking account. I generally balance the check book...
- In response to Melissas quite unkind remarks about seperate accounts... My hubby and I have separate accounts. We always have. We started that way when we were sing...
- My husband and I have a system we both love. First off, all our money we earn goes into a joint account. All the bills are paid from here and they are only paid by...
