Over dinner the other night, I asked the boys what the school policy was about going to the bathroom. I had read a media story about some teachers giving out passes and students having to hand one over each time they needed to go to the bathroom. I had never come across this kind…
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A Growing Rich Kids reader asked a great question recently. She was unsure what kids should be expected to pay for with their allowance and what should still remain a parental responsibility. As always, there are a lot of ways to approach this. I have to say it took a few years – and…
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I love seeing how other families set up allowances for their kids so am always on the lookout for parents sharing their experiences. Bob Helbig at the Milwaukee-Wisconsin Journal Sentinel, caught my attention recently with the approach he’s taking with his two daughters. They have a chores-based allowance so they get paid for doing…
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The boys and I are very lucky to have Z in our lives. I tend to follow my Mom’s example when it comes to chores around the house. I lean towards doing things myself as it’s faster than getting the kids to do them. But every time I pick up an abandoned shoe or books…
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“Daddy and I have an offer to make to you. If you can make three consecutive linked turns on your snowboard this weekend, we’ll buy you a video game, up to a $50 value.” I’d never expected to hear these words coming out of my mouth and from the way T’s eyes lit up, he…
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One of the things I like to do is take out the latest personal finance books from the library. Each visit, I head straight to the new books non-fiction section and check out the Dewey classification number used for personal finance books: 332. I can’t tell if it’s sad or impressive that I know this…
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We were doing the bedtime tooth brushing routine last night and M suddenly hit me with this zinger of a statement. “Mom, I know what the “C” word is.” I immediately adopted that wary, walking-in-a-minefield attitude that all parents have when faced with adult-content topics. “What’s the “C” word?” I asked as calmly as possible….
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Mornings can be a bit of a challenge. M is a slow eater so breakfast takes him twice as long as his brother. He does cartwheels and handstands for a few minutes before heading off to dress. He chatters and acts out in front of the bathroom mirror rather than brushing his teeth. He’s immersed…
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“Mom, how much does someone working in Starbucks earn?” whispered M the other day. We were having a rare Mommy and M afternoon while T was at a birthday party and Z worked on the garden. We’d stopped at Starbucks for a treat before heading to the library. “About $8 per hour but they have…
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Sigh. It’s going to be a long road teaching our kids about money. We were in the grocery store on Friday afternoon and the boys are always drawn like magnets to the claw grabber vending machine. I really hate this thing and see it as a total waste of money. The boys were begging for…
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