Jamie, Author at Homey App for Families - Page 7 of 7
5 Things to Make Kids Buy for Themselves
Every parent quickly realizes that learning to say “no” is a big part of raising kids, especially when they’re constantly asking, “can I have this?” While giving in to some requests is reasonable, always saying yes can result in kids not learning the value of a dollar. If you’re interested in teaching your children financial literacy, then having them pay for things themselves is a great lesson. What should they buy? The examples below are reasonable things they can foot the bill for.
When is the Best Time to Get Kids Their Own Bank Account?
Opening a bank account for your child is an event that’s often overlooked, but it’s important to help tomorrow’s leaders learn how to manage their money and finances well.
Developing good money habits early on will keep them on the right path in the future.
Knowing when and where to open a child’s bank account puts them on the road to lifelong financial success. Here are a few tips when looking to get your child’s first bank account started.