Thanks to Bruce Sellery of The Exchange on CBC (Canada TV) for some time to talk about tips to help kids learn the value of money. Had a great time and I wish Bruce all the best as he gives the Money Savvy Pig to his own five-year-old daughter – just remember to give the bank and a handful of money to her and let her choose where the money goes for each choice. Then you can see if a further discussion some of the money choices is needed.
To see my interview with Bruce, start the video below at the 28:50 time marker.
Here’s the fourth of ten tips for making this a more relaxed and enjoyable holiday gift-giving season this year.
Gift-giving tip #4: Be generous. From our Money Savvy friends in Japan – the true meaning of donate…really means invest!
As parents, we often try to provide all we can so our children – especially teens – have all they need to succeed. But sometimes in the process, we create a situation we did not anticipate – teens taking our money for granted. A few years ago, I offered some tips to a family struggling with this specific challenge on the Dr. Phil show. So if you are struggling to find ways to help your teen to not take your money for granted, try these tips to help you and your family: