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Money Masters’ Blog. March 6, 2009. Economics and Young Adolescents. 8212; Tags: Business. 8212; moneymastersfoundation @ 3:08 pm. I received this article from the National Middle School Association and think it includes a number of good points. Economic Issues and How They Affect Young Adolescents. Adolescents may feel things are spinning out of control. Eventually internalizing what is happening around them, they could even feel their family’s economic problems are partly their fault. Some may ...Young...

Children’s Allowance: Yes or No? How and Why? | Money Masters' Blog

https://moneymastersfoundation.wordpress.com/2010/04/26/childrens-allowance-yes-or-no-how-and-why

Money Masters’ Blog. April 26, 2010. Children’s Allowance: Yes or No? 8212; moneymastersfoundation @ 8:13 pm. Many parents struggle with whether or not to pay their children an allowance . I know I did. Even worse, I vacillated. Sometimes I would give my children an allowance and other times I wouldn’t. I learned I shouldn’t have done that. What I recommend instead. If. You decide to give your children an allowance ,. Teaching Money Management Skills. Income versus gift. Are you. Spending versus saving&#...

So You Want to Teach Your Children Personal Finance. Some Dos and Don’ts to Maximize Your Success. | Money Masters' Blog

https://moneymastersfoundation.wordpress.com/2010/02/21/so-you-want-to-teach-your-children-personal-finance-some-dos-and-donts-to-maximize-your-success

Money Masters’ Blog. February 21, 2010. So You Want to Teach Your Children Personal Finance. Some Dos and Don’ts to Maximize Your Success. 8212; moneymastersfoundation @ 8:49 pm. Today’s blog is a little different. I’m not providing you with specific information about a single topic. Instead I’m offering general suggestions for you to follow no matter what financial topic you’re addressing with your children. Encourage your child to save for expensive items. Try to understand your child’s point of view.

Top 10 Reasons Why Youth Need to Be Taught Personal Finance | Money Masters' Blog

https://moneymastersfoundation.wordpress.com/2009/04/23/top-10-reasons-why-youth-need-to-be-taught-personal-finance

Money Masters’ Blog. April 23, 2009. Top 10 Reasons Why Youth Need to Be Taught Personal Finance. 8212; moneymastersfoundation @ 7:13 pm. Will make better decisions in general. Will understand financial risk. Will learn how to live within their means. Will know how to manage their bank accounts. Will understand how to use debt responsibly. Will be less likely to be used or swindled by financial professionals or con artists. Won’t have to learn this stuff the hard way, like we did as adults.

More Hints To Teach Your Children About Money | Money Masters' Blog

https://moneymastersfoundation.wordpress.com/2010/02/07/more-hints-to-teach-your-children-about-money

Money Masters’ Blog. February 7, 2010. More Hints To Teach Your Children About Money. 8212; moneymastersfoundation @ 11:14 pm. Is there something you currently pay for, but your child could provide for him or herself? If so, you may wish to implement something like the following mother did:. If a plan like this is to work, however, you have to be firm. For example, do not make the lunches yourself or give your child more money to buy lunch at school in addition to keeping the original lunch money. Follow...