All tagged kids

How To Prepare Your Kids to Have a Solid Money Foundation Post Pandemic

“Do not confine your children to your own learning, for they were born in another time.”

With many households experiencing economic hardships, it’s more important now more than ever to have money conversations and teach kids the basics of financial literacy. Times are different and it’s very easy for kids to be influenced by social media and their peers without truly understanding the consequences of their actions. Kids who grow up without a proper financial foundation may grow into adults who fear money leading to inaction or bad decisions, furthering a cycle of bad money habits.

So what can we do?

The good news is that parents can start money lessons at home. To help you, we’ve rounded up some resources from financial educators who specialize in teaching parents AND kids all about money. There’s no shame or blame in financial education. If you are learning new money concepts along with your child, then let it be the case.

Gifting Stock Instead of Toys: Do's and Dont's

"No one has ever become poor by giving."

A few months ago, my husband and I were invited to a birthday party for friend's 4-year-old. Given my foray into minimalism and sustainability and personal finance, I didn't personally want to give another plastic gift. I also didn't want to give another item that they would have to maintain or would end up in the landfill a few days later. So after much research, I decided to give the gift of stock.