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My kids are 13-17 and are pretty good with money. When they were very little, I did the following: 1. Bought a cash register at Staples and we would have "sto
by 300bps 5y ago
My kids are 13-17 and are pretty good with money.
When they were very little, I did the following:
1. Bought a cash register at Staples and we would have "store days" on the weekend where the kids would make stuff to sell to mom and dad. They had to learn how to use the real cash register to accomplish their sales. That cash register is one of the things that my kids remember so fondly they won't let me get rid of it.
2. Got each of them Greenlight cards almost as soon as they were available. They get real credit cards with their name on them. I have a parent wallet that I can then put money onto their credit cards either one time or assign an allowance or give money for chores, whatever. I can see everything they spend, I can stop them from spending money on certain categories and I can turn their cards on/off with the app. Works really great - link to sign up with a $30 bonus for both of us:
https://share.greenlight.com/582861?share_id=7016004829708970808 https://share.greenlight.com/582861?share_id=701600482970897...