Tag Archives: saving money

Many parents dread bringing their kids to the shopping centre. Does this sound familiar? Walking into a store, the kids immediately spot something they just have to have. There is no way you’re walking out of there without either your kid lying on the floor screaming their lungs out, or you simply giving in and buying what they want. Continue reading

When we teach kids about money, we need to start them early in the foundations of money management and one of the important concepts is the difference between assets and liabilities. A children’s allowance is usually used for candy and snacks. As they grow older, they’ll want different things such as gadgets or holidays for example. Parents need to teach children about money which includes assets and liabilities. This is the one point which may set apart your child from becoming wealthy or just striving to pay their bills later in their lives. Continue reading

Funny and quirky savings banks are a great way to encourage saving for children. Getting a child to put coins in the piggy bank slot, before they are old enough to know what money or savings are, is an excellent way to start them off. It can be easy to get them interested and keep that interest in saving as the grow older. Continue reading