In today’s economic conditions, it is more important now than ever to teach kids about money and financial responsibility. Yet many parents are unsure how to raise their kids with an appreciation for financial values.
“Don’t use real money. Use that magic piece of plastic.”
Those were the words then–bank president Neale Godfrey heard coming from the mouth of her young son. He had seen a toy that he “needed.” When she told him he didn’t need the toy, he encouraged her to use her credit card, or “that magic piece of plastic.”
“Here I was a bank president,” says Godfrey, “and my own children missed the lessons about money.”
Since that day, she has made it her personal mission to educate families and kids about money. Here are some of the best tips!
Parents should ensure that children know money doesn’t grow on trees, and that it certainly doesn’t come from a magic piece of plastic. Kids should understand that through chores, work, and possibly their allowance, they earn money; they are not entitled to having money.
Take a hint from this experienced husband and father of five, and your expecting wife will be so impressed and even more grateful for your kind words and thoughtful acts of service.
Several years ago, my wife was pregnant with our fifth child, and our oldest was eight. She was a full-time college student and a full-time mother, and she was stressed. I realized I had been clueless to her plight for a long time, and I started jotting down simple notes to remind myself of things I could do to make her life easier. Here are some do’s and don’ts to help both of you make it to the end with a stronger marriage than before you started. Some of these may be terribly obvious, but hey, sometimes we’re a little slow and need it spelled out, so don’t get upset if we should be doing these things already.
If you’re like me, you want your kids to fill you in on everything that goes on in their school day. But when you ask them about it, you receive little more than, “Fine.” What else can you do to get your kids to talk to you?
Here are some ideas to help conversation and communication become easier and more productive. With simple ways to help kids open up, your relationships can become better, you can be alerted to situations that need special attention, and your kids can feel confident in your love.
1. Ask Specific Questions
If your child is answering with one-word responses, it’s because you’re asking them closed questions. (Did you have fun at school today? Yes.) Try asking specific questions and carefully listening so you can know which questions to ask next. In order to do this, you need to be in on what makes up your child’s life.
Especially at this time of year, a new little child-shaped creature comes out: the "I want" creature. Learn a few ways to curb that creature and give life to one that says "I want to give."
Do you ever come away from Sunday School, Relief Society, or Priesthood feeling like you didn't get anything from that hour? You're not alone. The good news is this probably has more to do with you than the teacher - which means it can be remedied.