We all have things that need to be done around the house this summer. If you are struggling to make ends meet, think about employing your kids to get the work done at a much lower cost. (more…)

Dear Susan,

My grandchildren are 4, 6, and 7 and have been learning the 4 principles regarding money. As grandparents, we have the luxury of paying our grandchildren for doing special tasks with us (such as, weeding the garden). (more…)

Wall Street Journal reporter Terry Cullen was a recent guest on CNN/Open House where she talked about the Money Savvy Pig bank as an excellent way to help teach kids about saving money. She offers some excellent tips for parents in this video segment.

Many parents agree to pay their child a set amount of money in exchange for completed chores. This payment then becomes the child’s allowance. I have been asked many times if this is the right way to introduce allowance (more…)