Understanding Money
Results 141-150 from 7,188 articles
Should Parents Help Kids Decide How to Spend Their Money?
Asked by N.W. from Chicago
on December 16, 2008
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My 7-year old stepdaughter received $100 for a birthday gift last year. She kept it in her wallet and instead of working with her to decide how to spend it my husband ...
Answers
- I agree that as a parent, step or not, we have the job to make sure a child is guided to the best of our abilities. My kids never got to hold thier money in thier wal...
- If it was just $5, that would be fine, but $100 is alot of money, especially for a young child! I would open a savings account for her, any money she recieves goes di...
- my parents always made us bank half of any money gifts as a child. i hated it at the time on occasion, but now i see what they were up to -- teaching me about managing...
Do You Control Your Child's Money or Is He/she "Free" to Spend It All?
Asked by J.P. from Chicago
on March 16, 2009
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Hi Moms....
I guess I'm taking another survey! This one is.... How do you handle money that your child accumulates from birthday, holidays, money that grandparents...
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- If they are getting a big wad of cash I tell them they have to put a certain amount in the bank. I don't do a percentage, I just say $20 or whatever. Now when they...
- J. Financial literacy is important to both my husband and I especially how to manage our need "to have it all now mentality". Given the state of our current econom...
- I grew up following the rule that half of all gift money goes into a savings account (as did half of all money I earned working part time in h.s.). The other half was...
How to Make Money While Still Caring for a Newborn??
Asked by A.L. from Dallas
on June 2, 2008
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Just had my 2nd son and still 4 weeks to go before I can return to work. Bills are starting to pile up and my boyfriend is doing all he can! How can I make some mone...
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- Have you thought about a homebased business like Jewels by Park Lane. You can invite friends to your home to display the jewelry and your new baby. Please visit my...
- I work from home & love it! I have 3 little ones and I work around their craziness. Visit my website & be sure to request more information! D. www.myfamilymyfutur...
- Hello A. My name is B. Anderson and I have just recently joined a company that is amazing- Just check it out...its just a short presentation on the phone - and then y...
What Are the Options to save Money for Baby's Future?
Asked by A.H. from Dallas
on January 2, 2008
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I would like to invest money for my baby's future. What is the best investment option from your experience? I was looking into buying trust funds, but I am not sure if...
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- Take a look at this website: www.thesimpledollar.com He gives a lot of sound financial advice from his own personal viewpoint and experience. An additional bonus is ...
- If you are still looking, give me a call...I am a working mom in Austin and I am also a financial adviser. I set up 529 plans for both of my children under 2. There ...
- We went though our State Farm Agent and set up a college fund for our son hes 4 and I think its worth $7000 right now! So my suggestion would be to contact your insura...
Can You Help with Money Saving Tips?
Asked by A.H. from Chicago
on October 21, 2008
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My retirement savings just took a major nosedive with the recent stockmarket drops so I am going to need all the help I can get with saving money. Is there one major ...
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- Hi A., Things we have done: -Switched to CD One Price Cleaners instead of using regular drycleaners for almost all of our clothes, only $2.29/item, even a dress and ...
- Sounds like there's lots of good advice. Skimming through, however, I didn't see anyone put down http://www.freecycle.org. This, and other swap-type groups help peop...
- Did you do the typical things they suggest on money saving websites? -Change to fluorescent coil light bulbs -Lower your thermostat a degree or two in the winter- ...
When Someone Makes Money 'Selling' a Good Message...
Asked by N.G. from Dallas
on May 5, 2011
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Hi Moms!
This is a topic I often struggle with... when people 'sell' an otherwise good message, and they make money off of it, there is a huge backlash, as if the m...
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- Tammy fay needs the money! To buy make-up!
- What is wrong with people making money? Money does fabulous things for lots of people. I am only against people making money that do it illegally or if they do bad thi...
- They are businessmen, not the Messiah! They have a right to charge a fair market price for the products & service they offer, just like anyone else. You don't *nee...
Best Tips for Saving Money on DIAPERS!
Asked by C.F. from Dallas
on July 15, 2010
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Hi Moms,
I know all of you helpful money saving mamas can give me some great advice on this one. It's funny because I've almost become "addicted" to saving money on...
Answers
- Try using cloth diapers, much cheaper in the long run. I did it with twins and now my 3 year old is just growing out of them. I have replaced the diapers maybe 3 times...
- I'm with Julie B. The only name-brand diapers that my kids have used were purchased by their grandparents. When I buy diapers, I always buy either the Target brand or ...
- I love buying from Amazon.com. Like Jaye and JM said, you get 15% off your order, and currently you actually get 30% off your order (if you set up a monthly delivery)...
When to Start Teaching Ur Kids About Money.
Asked by S.T. from Atlanta
on February 4, 2012
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hi, my daughter is almost 4, and is at the age of i want i want i want,
so, i have decided that she can now earn an allowance,
i didn't know what kind of chores i ...
Answers
- 4 is certainly not too young. We started very young. We are not Dave Ramsey people but I do understand he has a good plan. If you are not very detailed or numbers o...
- my son is 5 and has been eating his own money since he was around 4. we started with little things, making sure his dirty clothes were in his hamper, picking up his to...
- Have her help dust or sweep the floor. These are easy things for small children. I had gotten my daughter her own duster and a small broom (her size). I would give her...
Ideas on Creative Ways to save Money
Asked by L.M. from Dallas
on July 9, 2010
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I have always wanted to be a stay at home mom and since having my now 9 month old my dream has come true. Along with all the normal duties (taking care of baby, cooki...
Answers
- Join freecycle.com in your area. You can request or offer items. It's all free. It's a great way to help others that need things you don't need anymore and keeps it...
- Try looking into buying your household goods cheaper. I know there are a lot of moms who get free to nearly free stuff at Walgreens and CVS through coupons and rebates...
- 1) I make myself house cleaners. It is much cheaper then buy and I know what kind of stuff I put there and I know that it is not dangerous. You can find lots of recipe...
What to Do with a Large Sum of Money Given to Kids
Asked by V.M. from Erie
on July 26, 2010
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i guess i need to edit to say "Investing in what is a large amount to ME" My kids both recieved $300 from my grandmother's estate. They have some $50 savings bonds...
Answers
- I think what you do with it depends on what you're trying to do? Are you trying to teach your kids about saving? Investing? Putting aside money for college? I ...
- You could check into some money market accounts. I don't know how much is required to open one, but $500 should be plenty. You can put all $600 in one account, and t...
- I'm surprised no one has mentioned a 529 yet. If it's for your kids, I'd put it into something that has a dedicated purposed like a 529 which is for higher eduction...
