Teaching Kids Money Basics

How to Explain Profit to Kids: A Simple Example

Profit is an important money idea that kids can learn early. It can also help them understand how a business works. Profit is the money left over after paying the costs,...

How to Explain Profit to Kids: A Simple Example

Profit is an important money idea that kids can learn early. It can also help them understand how a business works. Profit is the money left over after paying the costs,...

How to Explain a Credit Card to a Child

When you pay with cash, a child can see the money leave your hand. When you use a credit card, you tap a piece of plastic and put it back...

How to Explain a Credit Card to a Child

When you pay with cash, a child can see the money leave your hand. When you use a credit card, you tap a piece of plastic and put it back...

How a Gym Membership Taught My Son About Recurr...

I joined our local gym recently, and this morning my 6-year-old son asked me if the gym makes money. We looked it up together and wow it's pretty profitable, so...

How a Gym Membership Taught My Son About Recurr...

I joined our local gym recently, and this morning my 6-year-old son asked me if the gym makes money. We looked it up together and wow it's pretty profitable, so...

How to Explain Debt to a Child

My husband and I were talking about the World Cup this morning and how expensive the tickets are. I heard that many people get into credit card debt just to...

How to Explain Debt to a Child

My husband and I were talking about the World Cup this morning and how expensive the tickets are. I heard that many people get into credit card debt just to...

How to Budget: Explain to a 5-Year-Old

When we think of “budgeting,” most of us imagine spreadsheets, apps, or complicated charts. But if you want to teach your child about budgeting we will need to make it...

How to Budget: Explain to a 5-Year-Old

When we think of “budgeting,” most of us imagine spreadsheets, apps, or complicated charts. But if you want to teach your child about budgeting we will need to make it...

Top 5 Things Not to Say to Your Kids at the Gro...

Taking kids to the grocery store can feel like an adventure—or a test of patience. It’s easy to say things out of frustration when you’re trying to get through your...

Top 5 Things Not to Say to Your Kids at the Gro...

Taking kids to the grocery store can feel like an adventure—or a test of patience. It’s easy to say things out of frustration when you’re trying to get through your...