Lesson 12: Defining Rich QOL vs. SOL Part 2 Do you have to increase Standard of Living to enjoy a higher Quality of Life? April 2018 Elementary: Explain that increasing […]
Lesson 12: Defining Rich: QOL vs. SOL March 2018 In our last entry, lesson 11, we defined what “Quality of Life” and “Standard of Living” are, and […]
Avoid epic fail — accomplish those 2018 financial resolutions I’m already tired of hearing about New Year’s Resolutions. I’m going to sound like a “Negative Nelly” but statistics show […]
Kids & Money Lesson 11: Defining Rich QOL vs. SOL What is ‘Quality of Life’ and ‘Standard of Living’? Elementary / Middle School / Teen: Explain that “Standard of Living” is how […]
Kids & Money Lesson 10: Defining Rich What if I was a Lemonade Stand? What if I was a Lemonade Stand? Elementary: Last week we talked about running a lemonade stand. Ask your kids: […]
Kids & Money Lesson 9: Defining Rich Lemonade Stand Elementary: Have your kids figure out what supplies are needed for a lemonade stand. Help them come up with at least […]
Buy the Shoes, or Save the Money? Louboutin, Nike, Adidas, Vans, Tom’s…. the list goes on and on. But should you really splurge on those name brands […]
Kids & Money Lesson 8: Defining Rich Show me the Money! Elementary: Make two columns on a sheet of paper. Title the left column ‘Income’ and write down how much money comes […]
Kids & Money Lesson 3: Defining Rich Plan to Budget Much like opportunity cost, budgeting is another concept that comes up quite naturally during the day. The easiest example with […]
Kids & Money Lesson 2: The Value of Opportunity Cost We are all rational creatures – it’s what separates us from the rest of the animal kingdom. That is until […]
Kids & Money Lesson 1: Defining Rich as “Breathing Room” If you asked your children to define the word rich, what do you think they would say? What’s surprising is […]
