tag:blogger.com,1999:blog-7765204152075197877.post3659929209197157993..comments2023-03-22T04:02:34.512-04:00Comments on MoneyTrail.net: Pam's Picks: Financial Literacy Experts and Bill CosbyPam at MoneyTrailhttp://www.blogger.com/profile/04120369681070540769noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7765204152075197877.post-76240803495516025652011-05-06T09:34:56.192-04:002011-05-06T09:34:56.192-04:00@Anonymous - Kudos to you for talking with your ki...@Anonymous - Kudos to you for talking with your kids about finances and money! That's the first step and many parents feel uncomfortable doing that. With younger kids, simple conversations about what they are planning to do with their money is an excellent starting point. Are they saving for a certain toy? How long will they need to save?<br /><br />Teens can really dig into some great financial concepts. Talk with them about setting a goal for their money and help them come up with a plan to achieve their goal. We also involve our teens with the family budget and talk with them about how much we spend on their activities. It is often an eye opening experience! I would also suggest occasionally letting them borrow money from you --- as long as you make sure they pay you back. Following through on a loan and learning to be accountable help them learn the true value of a dollar. <br /><br />I recently posted a blog entry about helping teens to save and avoid impulse spending. You can use the search function on the blog or look under the Labels section --- Avoiding impulse purchases.<br /><br />Hope this gave you some ideas!<br />PamPam at MoneyTrailhttps://www.blogger.com/profile/04120369681070540769noreply@blogger.comtag:blogger.com,1999:blog-7765204152075197877.post-26588423406093007142011-05-06T09:21:39.261-04:002011-05-06T09:21:39.261-04:00@Brian - Thanks! Hope your students enjoy!@Brian - Thanks! Hope your students enjoy!Pam at MoneyTrailhttp://www.moneytrail.netnoreply@blogger.comtag:blogger.com,1999:blog-7765204152075197877.post-91988206365373741512011-05-06T07:55:51.906-04:002011-05-06T07:55:51.906-04:00This is great stuff Pam. I am going to use this in...This is great stuff Pam. I am going to use this in Finance class to conclude the bell...<br /><br />Brian Page<br />www.awesomeislandgame.com<br />www.teendollars.orgBrian Pagehttp://www.awesomeislandgame.comnoreply@blogger.comtag:blogger.com,1999:blog-7765204152075197877.post-35074949853583302732011-05-05T19:29:00.818-04:002011-05-05T19:29:00.818-04:00First - Michael Rizzo makes a great point, and YES...First - Michael Rizzo makes a great point, and YES, I would be outraged by his examples. I try to talk with my kids about finances, but I will try to bring it up more often. And while I have some ideas, I would appreciate some unique age-appropriate suggestions! Second - I absolutely LOVE Bill Cosby. I think we need to watch his reruns as a family! : )Anonymousnoreply@blogger.com