If you've ever wondered what the other EXPERTS think about allowances, check out this free ebook from Amanda van der Gulick of TeachingChildrenAboutMoney. She's doing a great job helping me help parents empower their kids and she loved my book so much she put together this book of what the experts thought. Enjoy...
It's hard to disagree with the idea that in life we trade one thing for another. We trade our time and energy for money. We trade our time and energy for food, water, shelter, protection, and a whole lot more. In addition to trading 'things', we trade 'ways of being'. Adults trade being good employees, [...]
Since 2002, kids ages 10-17 have been coming to my Camp Millionaire programs in the summer in Santa Barbara and other cities around the US and even internationally. We teach and expose them to lots of great information related to money, income, starting businesses, managing their money with a system called The Money Jars and [...]
Teens can do several things to find their place in a world full of other teens looking to do the same thing. There are two basic avenues teens can take to begin making money for themselves: 1) they can get a J.O.B. or 2) they can CREATE their own job by providing a needed product [...]
You know that show, "Kids say the dardest things?" Well, I thought I'd do my own version but do it around money. So, last night I sat down with Jessica, my neighbor, who I have known since she was 1 year old (I can't believe she's 12 now!), and we had a little chat about [...]
Sometime during our childhood, we make decisions about our possibilities and our limitations instead of enhance them. It’s only when we’re adults that we hopefully realize that we generally get what we argue for in life and we get what we truly want in our lives. Before I go on, I found this great video [...]
Set Goals as a Family - Succeed as a Family by Vince Shorb Setting financial goals together, as a family, allows each member of the family a feeling of ownership on the overall success of the family financial success. Setting these goals together creates unique bonds within a family, it takes into account the needs [...]
Last week we were mentioned (at the end) in a news piece on financial literacy camps. A related article was put on line today on abc News. Article is below and you can also click below to read the whole piece and watch the little video. FFinance Camps Create Young CEOs: New Summer Camps: Learn [...]
Our children are going to have to 'do money' differently when they get older. The economy has been shifting for many years now, moving from employee driven to entrepreneur driven. Our Camp Millionaire program helps kids learn to invest in the Three Pillars of Wealth and building businesses is one of those pillars. Changing the [...]
The month of July for most American's conjures up images of loud, flashy fireworks, friendly back yard BBQs and the thrilling sound of our national anthem, "Our country 'tis of these, sweet land of liberty, of thee I sing." America was built on a solid foundation of freedom for all, with the additional caveat that [...]
Current Allowance Theories After doing quite a lot of research and talking to many parents over the past 6 years, I’ve noticed the following allowance approaches: The “No Allowance At All” Camp In my experience, parents in this camp usually didn’t get an allowance when they were young. A common opinion is that if it [...]