Comments on: The 4 Lessons to Teach Your Children About Finances http://www.onmoneymaking.com/the-4-lessons-to-teach-your-children-about-finances.html Redefining the Way We Think about Money Thu, 12 Jan 2012 02:36:31 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: admin http://www.onmoneymaking.com/the-4-lessons-to-teach-your-children-about-finances.html/comment-page-1#comment-1237 admin Tue, 04 Nov 2008 16:18:23 +0000 http://www.onmoneymaking.com/?p=550#comment-1237 @San Fran - I can relate. I recently changed our cable and internet provider, am going to save over five hundred dollars a year. We won't even notice the difference. @EasyP - Thanks, I clearly agree. :) @San Fran – I can relate. I recently changed our cable and internet provider, am going to save over five hundred dollars a year. We won’t even notice the difference.

@EasyP – Thanks, I clearly agree. :)

]]> By: EasyProfitPack http://www.onmoneymaking.com/the-4-lessons-to-teach-your-children-about-finances.html/comment-page-1#comment-1235 EasyProfitPack Tue, 04 Nov 2008 13:42:47 +0000 http://www.onmoneymaking.com/?p=550#comment-1235 Well this is the best thing to do! I think kids need the right mentoring about finances at the right time. They cab go way ward! Well this is the best thing to do!

I think kids need the right mentoring about finances at the right time. They cab go way ward!

]]> By: San Francisco Financial Planner http://www.onmoneymaking.com/the-4-lessons-to-teach-your-children-about-finances.html/comment-page-1#comment-1221 San Francisco Financial Planner Fri, 31 Oct 2008 19:03:55 +0000 http://www.onmoneymaking.com/?p=550#comment-1221 I heartily agree. Children need to be taught about finances at young ages so they can understand how money works and begin to make choices that will lead develop successful finanical habits that will hopefully lead them to financial success later in life. One lesson I try to impart to children is how fast savings can ad up. For example: Save $1 per day = $30 per month = $365 per year Save $50 week = $200 per month = $2,400 per year Here are some of the easy savings wins I just accomplished: Cancelled HBO, which we hardly watch anymore ($10 month / $120 year) Switched our phone and Internet to Comcast ($40 month / $480 year!) Reduced our childcare by 3 hours per week ($150 month / $1,800 year!) I heartily agree. Children need to be taught about finances at young ages so they can understand how money works and begin to make choices that will lead develop successful finanical habits that will hopefully lead them to financial success later in life. One lesson I try to impart to children is how fast savings can ad up. For example:
Save $1 per day = $30 per month = $365 per year
Save $50 week = $200 per month = $2,400 per year

Here are some of the easy savings wins I just accomplished:

Cancelled HBO, which we hardly watch anymore ($10 month / $120 year)

Switched our phone and Internet to Comcast ($40 month / $480 year!)

Reduced our childcare by 3 hours per week ($150 month / $1,800 year!)

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