Take this experience shared with me by a reader: She was giving her 5- and 6-year-old children a fake dollar every time they were good and created a store at home where her children could use the fake ...

Without a doubt, raising a child's awareness about the value of things is key to teaching them responsibility and how to care for their environment. Often, kids don't have a clear understanding of the ...

Most parents hand over a few dollars, cross their fingers, and hope the lesson somehow lands. Spoiler: it usually doesn't.

An individual’s ability to manage money effectively and make good decisions about finances does not just happen. It takes learning new habits, unlearning bad ones and relearning the right ones. For ...

We all want our kids to be financially successful, and that means starting early to teach them the value of money—and with hands-on experience. “If we don’t,” says Beth Nowak, founder of Giving ...

Source: Carl Pickhardt Ph. D. At any age, responsibility is very simple and very complicated to practice. You have to act in three challenging ways: By owning decisions (the challenge of honesty) By ...

A good friend of mine passed away recently. In his will, he left me a couple of items and some money, and I’d like to share the money with my son. He is 25, and a good kid, but he is still impulsive ...

Values are a pretty darned touchy subject to bring up these days when it comes to raising children. Values have gotten a bad rap because of how they are discussed in politics and as they relate to ...

Spread the loveIn an era where financial literacy is more crucial than ever, many parents find themselves grappling with how best to teach their children about money. For one 73-year-old boomer dad, ...

For the past few decades, education has taken on a much larger role in students’ lives than just teaching reading, writing and arithmetic. Over the years, parents have abdicated a number of teaching ...