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It’s so important that your kids learn frugality, too (thanks, Mom!). Today, I’m happy to share an article by our own Ronnie Carlson, which was published today on “Penniless Parenting” — If you haven’t seen it yet, check it out:
Teaching Children Good Money Habits
This is a guest post written by Ronnie Carlson from the Frugality Game, an awesome website with a game that teaches you how to be more frugal. Computers, games, and frugality- three of my favorite things combined to make one totally awesome method of entertainment and learning. Ronnie shares some terrific ideas to help your children become more money savvy. I’ll have to remember these when my kids are a bit older.
Remember when you were a kid, that feeling of a five dollar bill burning a hole in your pocket? Your legs would fidget, and you’d reach into your pocket every five minutes just to make sure it was still there?
If you’re coming here from Penniless Parenting, I think you’ll find that you’ll probably love the Adventurer’s Blog and The Frugality Game. We talk about all sorts of ways to save money. To get started:
The Frugality Game is a way to improve your finances while having fun. There are great budgeting tools and tons of savings, all presented in a fun and unique way. We’ve also got a great group of people here on the blog who read and comment, and we look forward to having you join us!
{ 4 comments… read them below or add one }
I teach my daughter about finance when she spends all of her allowances before the week is up then she come to me for more money, I tell her she has to earn it by doing some additional chores.
Good idea. That’s a good way to teach both the value of work and the value of money. I learned early on that more work = more money, but also more money = more work! :)
My son has just graduated from college and is currently looking for work. He asked me to send him or family budget spreadsheet (gross to net) so he could figure out the lowest salary he could actually live on. Yes!! You don’t think they’re listening and you’re surprised when you find out they really are.
Yay! Great story, Desiree–that’s so encouraging to know that he’s really paying attention and ready to apply those lessons in his own life.