5 Tips on How to Teach Your Children to Be Financially Savvy

by Renee' Anderson 13. November 2014

Financially Savvy Child

As a parent, it’s our job (yes, I’m a mom) to teach our kids. There is a lot they will learn in school, and they will probably have a lesson or two on financials in school, but as far as I’m concerned this is mostly on us as parents. So, what should we do? Here’s how I see it. You know the phrase “do as I say, not as I do?” Probably not the most fitting for this! Don’t’ get me wrong, those words have come out of my mouth a time or two. Or three. However, teaching by example is the way to get it done.

1) Pay in cash when you are able. Where learning how to use credit cards and manage your credit is also a good thing (and a whole different topic), let’s start with the basics here. We need to show our kids that if you want something, you have to give your money away for it. The easiest way to do that is to make a purchase, give the cashier your dollar bills and/or coins and have your child watch them hand you your purchase. Sounds trivial, but you have to start at the beginning.

2) Put spare change into a piggy bank for your child(ren). Once it’s full take them to the bank to cash in their coins for deposit. FOR DEPOSIT being the key words here. Put in their bank account and have them watch their balance grow. Okay, that’s not a ton of fun, so if you’d like, you can let them take a minimal amount and go buy a toy after making your deposit at the bank. Rewards are good.

3) Many schools partner with banks. Don’t just put that notice from the school off to the side in the “I don’t have time for this” pile. Read it and participate. Write a small check when the bank visits the school for your child to make a deposit themselves, and have your child help you fill out the deposit slip.

4) When your child wants an item, have them set a goal and work toward earning the money to pay for it. So, the next time your child falls to the knees in Target, or throws a fit while watching a commercial about the new sparkling Elsa doll or the latest edition of MarioKart, tell them they can buy it themselves when they have enough money.

5) Talk as you shop. While you’re putting groceries in your cart, explain to your child(ren) why you chose the bag of Kraft cheese instead of the Sargentto brand (Kraft is on sale this month so we can save some money).

So, set a good example and take time to explain things to your kids. It will pay off!

If you found this article useful, be sure to check out these related articles:

Mom, You Want Me to Put My Money WHERE?

Fun Ways to Teach Kids about Money

Bank Jargon 101

Last Minute Mother's Day Gifts

by Renee' Anderson 7. May 2014

Mom Blocks

Nine months…NINE…MONTHS. Ten take away one equals NINE. That is how long your mother carried you around in her belly. Whether she had morning sickness or not, back pain or not, the longest labor ever or not…she deserves much more than a Hallmark card (no offense Hallmark). Now, when I say MUCH MORE, that doesn’t mean you should max your credit card out on expensive jewelry, spa certificates and the finest chocolate you can find. Less is more. Since I am a mother myself, I am certified on Mother’s Day gift giving. That’s right.

Now, I know just where your mind is, “I need ideas.” Some are low budget but from the heart (which I recommend), and some have a higher price tag (but there’s no price limit when it comes to your mom so…):

  • Breakfast in Bed: Don't wake mom too early, but YOU can wake up early and whip up a batch up fluffy pancakes (heart-shaped would be nice), fresh eggs and a side of fruit to get your mom’s day started right! Put your homemade breakfast (made of your mom’s favorite things) on a tray, along with a folded napkin, glass of OJ (or Mimosa), some fresh flowers, and a card. She’ll love it!
  • Hand Painted Flower Pot: Head to Michaels…a mom can never have enough flower pots and spring flowers for that matter! Michaels has plain terracotta pots and paint in one section. Go home and either paint something yourself, or if you have little ones, let them go at it! They can even make a hand print on the flower pot. Grab a pretty spring flower and some potting soil and you’re done! Your mom will have a beautiful, fresh spring flower to look at every day and think of you!
  • If you have some money, the way to spend it wisely is Fitbit®. The Fitbit is a great new fitness tracker that healthy moms are using to get or stay fit. Now, I did say you need to have some money to spend. They run about $100. Check them out, Best Buy carries them.
  • If you’re really on the ball- photos! You have a couple options here. You can go online to Shutterfly.com and spend the money to overnight a small but sweet photo album with your favorite pictures for mom, or you can swing by Target, Walgreens, or any store with a photo stand, with your phone (or CD, flash drive, etc.) and print out some pictures that mom will enjoy looking at displayed in her house. Grab a fun frame or photo album and you're done! Put a nice heartfelt card in the bag with it and mom will love it!

Moral of the story/blog/game is…give your mom something from the heart. You mean the whole world to your mom and all she wants is for you to show her how much she means to you. (Remember, I’m certified.)

Didn't see anything here that really struck your fancy? Visit our Mother's Day Pinterest board for more ideas.

If you found this article useful, be sure to check out these related articles:

Celebrate Mom without Your Wallet

Is Growing a Garden "Worth It"?

Tricks to Throwing a Budget-Friendly Barbeque

Cheap Eats on Super Bowl Sunday

by Renee' Anderson 31. January 2014

Nachos with Chilli

So the Ravens aren’t in the Super Bowl, but that doesn’t mean we can’t still enjoy a good football game, watch some of the year’s best commercials, eat, drink, and be merry.

Here are some inexpensive food ideas for your Super Bowl gathering. All of these and more can also be found on our Pinterest page. Whether you’re keeping it simple or inviting a crowd, these are sure to please, and won’t dent your wallet.

1) Build Your Own Nacho Bar

This is fun way to feed a crowd and please different taste buds. Pick your own nacho toppings! Buy whatever tortilla chips are on sale this week, and gather some inexpensive toppings - big jar of salsa (or go even cheaper and make your own), canned beans, cheese/cheese sauce, make some guacamole, etc. If you want to have meat for your nacho bar, just throw some pork or beef in a crock pot.

2) Meatballs

Sweet and sour or marina sauce? Either option is easy and cheap! Make the meatballs yourself. It’s a little more time consuming, but it will definitely save you some money, especially if you’re feeding a crowd. If you want nice juicy meatballs, be sure to buy the 85% lean beef; if you’re being health conscious, get 93%.

3) Mini Corn Dog Muffins

These are great for the youngin’s. Grab a $1 box of corn muffin mix and a pack of hot dogs on sale and whip up some mini corn dogs!

4) Cheesy Football

The perfect snack for game day, this looks the part and taste yummy! Take your favorite cheeseball recipe, and simply shape it into a football. Add the “stitches” to the top to make it look like a football (use pimentos or whatever you can come up with).

5) Popcorn Bar

So clearly I’m liking the “Build Your Own” concept this year. Who wouldn’t? It’s easy, it’s fun, and it will please everyone because THEY decide what they will eat. Pop some kernels, grab some fixings (salt, butter, M&M’s®, peanuts, etc.), and let everyone come up with their own creation.

6) Dessert

Keep it simple with cupcakes shaped like a football. Let’s be honest, boxed cake mixes often taste better than homemade recipes. So, buy a box, mix and bake. Throw some butter, powdered sugar and milk in a mixer (KitchenAid® if you have one), and there you have it. Cheap, easy, and delicious! Of course, decorate as desired; throw some colored sprinkles, M&M's®, icing colors, etc. on top to represent your favorite team.

Another tip - stop by the dollar store and grab some paper products on the cheap to jazz up the house!

Don't forget to visit our Pinterest page for more ideas.

Touchdown!!!!!!!!



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