Comments on: Six Ways your Kids can Help out with the Budget! http://masteryourcard.com/blog/2008/05/12/six-ways-your-kids-can-help-out-with-the-budget/ The best Credit Card Debt Blog online Thu, 02 Feb 2012 13:31:13 +1100 http://wordpress.org/?v=abc hourly 1 By: Curt http://masteryourcard.com/blog/2008/05/12/six-ways-your-kids-can-help-out-with-the-budget/comment-page-1/#comment-2072 Curt Fri, 16 May 2008 19:08:36 +0000 http://masteryourcard.com/blog/2008/05/12/six-ways-your-kids-can-help-out-with-the-budget/#comment-2072 Excellent post. You have some great ideas to get kids involve in learning about money. Excellent post. You have some great ideas to get kids involve in learning about money.

]]> By: Mary Ward http://masteryourcard.com/blog/2008/05/12/six-ways-your-kids-can-help-out-with-the-budget/comment-page-1/#comment-1969 Mary Ward Tue, 13 May 2008 12:11:37 +0000 http://masteryourcard.com/blog/2008/05/12/six-ways-your-kids-can-help-out-with-the-budget/#comment-1969 Excellent advice, Melissa. Our kids have had to work for their extras since about the age of 4. It was too important to me that they not grow up with a spendthrift attitude and get themsleves into debt before they graduate high school. I firmly believe your money attitudes are built very early on. Lately I've made more of a point to be open with shopping and spending (in other words, why we're not buying this, why I'm looking for a cheaper brand...). The effect is amazing. My son is starting to understand that he can comparison shop and get more for his money. And after a recent vehicle purchase (where we honestly answered questions about the cost of the vehicle) my daughter decided to save for a car when she's older. So I explained how we could open a savings account and earn her more per dollar, and now she can't wait to go to the bank--and these guys are only 8 and 7! Even I am surprised at how respoinsible they are becoming at an early age. Parents, you are really doing your kids a huge favor by doing these things! Excellent advice, Melissa. Our kids have had to work for their extras since about the age of 4. It was too important to me that they not grow up with a spendthrift attitude and get themsleves into debt before they graduate high school. I firmly believe your money attitudes are built very early on.

Lately I’ve made more of a point to be open with shopping and spending (in other words, why we’re not buying this, why I’m looking for a cheaper brand…). The effect is amazing. My son is starting to understand that he can comparison shop and get more for his money. And after a recent vehicle purchase (where we honestly answered questions about the cost of the vehicle) my daughter decided to save for a car when she’s older. So I explained how we could open a savings account and earn her more per dollar, and now she can’t wait to go to the bank–and these guys are only 8 and 7! Even I am surprised at how respoinsible they are becoming at an early age.

Parents, you are really doing your kids a huge favor by doing these things!

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