Comments on: Be a Savvy Millionaire Kid and Save, Invest and Donate

By: sandrar

sandrar — Thu, 10 Sep 2009 21:30:02 +0000

Hi! I was surfing and found your blog post… nice! I love your blog. :) Cheers! Sandra. R.

By: Bargain Shopper

Bargain Shopper — Mon, 03 Aug 2009 18:29:46 +0000

Now this is something I will get my kids into. Kids need to learn now how to be a savy shopper. Thanks for the post.

By: Graco Heart to Heart Blog - Lessons in Giving

Graco Heart to Heart Blog - Lessons in Giving — Mon, 29 Jun 2009 20:50:00 +0000

[...] Although he’s young, we are trying to start the lessons early. This is first year we are talking to him about giving and trying to involve him in our [...]

By: Wealthy Mama

Wealthy Mama — Sat, 31 Jan 2009 19:50:24 +0000

Money skills are such an important part of life, it is strange that we tend to ignore them when parenting our children. The balance between giving back through donations and saving for ones future is a very healthy balanced approach to money and one that can only benefit children in later life. This sound advice is at the heart of a funny little book my daughter wrote for her school friends and which she now sells online, called “How 2 Be Richer Than UR Parents!” You can see it here:

http://www.women-can-be-wealthy-too.com/kids-money.html

By: Caryn Bailey

Caryn Bailey — Wed, 03 Sep 2008 03:15:01 +0000

When is the right way to teach a child financial responsibility? When do you introduce allowances?

By: Donna Kozar

Donna Kozar — Wed, 03 Sep 2008 02:41:04 +0000

Remember to teach them during your routine activities such as when you go to the store or the bank.

By: Lily Kwan

Lily Kwan — Wed, 03 Sep 2008 02:34:17 +0000

I would like to know if it is a good idea to give money to kids for doing chores?

By: Susanne Troop

Susanne Troop — Wed, 03 Sep 2008 01:51:18 +0000

Both of my children have savings accounts. We tell them that the first time they want something big like an I-pod, we will buy it. If you break it or lose it, the next time you will buy it with the money from your savings account. This has worked great, they never go into their savings accounts for money. We also show how to give not just money to charity but our time.

By: Erica G

Erica G — Wed, 03 Sep 2008 01:22:31 +0000

How do I get my child to save her money? So far the only way she saves is when she forgets her money at home when we go to the store.