Parents - Read all about it!  The six traits of millionaires.  This is a good start of a list of things to think about as you raise your own child to be a success in their money life. 

The hosting company that hosts our website had an accident two weeks ago.  A big accident.  Despite their extensive security and redundant systems, they not only lost forever all the data on our server, but they also lost forever all the data on our backup server.  (more…)

I was at the library the other day, checking out a New York Times Bestseller to read (I have sworn off the bookstores and my Kindle for my own reading for now), when I overheard a mom telling her young daughter that she could watch the video they just checked out right away. (more…)

The Baltimore Sun ran a great AP article about teens who earn money with Summer jobs and what a teachable moment it is. (more…)

“In financial trouble? You might want to explain it to your kids,” by Sandra Block from USA Today, shares tips from many of us in the field, myself included. Talking to your kids about money is more important today than it ever has been! So don’t be afraid to include them and make it a teachable moment. http://tinyurl.com/mwef9n

Yesterday, an interview I did with Lou Carlozo appeared on WalletPop regarding the debate on whether money should be awarded to kids for getting good grades. Here is a link to the article: http://tinyurl.com/m674ft. Do you have a similar story about rewarding kids for good grades? I’d love to hear what your experience has been.

Recently I came across a great read that now has a place of honor in my parenting file. “Don’t,” by Jonah Lehrer in the New Yorker magazine, can also be found online at http://www.newyorker.com/reporting/2009/05/18/090518fa_fact_lehrer. (more…)

Last week when I appeared as a guest expert on the Dr. Phil show, the Money Savvy Pig® piggy bank (the 4-chambered piggy bank I invented to promote the 4 money choices — Save, Spend, Donate & Invest) also made its debut. There are some great tips for parents that I reviewed with Dr. Phil to help start the “talk” about Money Basics with their children in this video segment. I hope you find these tips helpful.

I had the pleasure of being a guest on the Dr. Phil show, which aired yesterday. Below are a few of the tips for parents which I shared with the audience and is currently posted on the show’s site. (more…)

In my previous entry I listed a few ideas of how to help your children keep their holiday spending in check, especially in today’s economy. Here are a few more ideas… (more…)