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 7: Defining Rich the Core Lessons In Gary Keller’s book The Millionaire Real Estate Investor, he mentions what he calls Nina’s Rule. Nina was a personal […]
Kids & Money Lesson 6: Defining Rich Relational Budgeting Last month we shared a game dealing with a SWEEPSTAKES scenario to help you understand the importance of communication when […]
Kids & Money Lesson 5: Defining Rich Relational Budgeting With relational budgeting, our goal is to have our child or children develop the skill of working with another person […]
Kids & Money Lesson 4: Defining Rich Understanding Debt Today we’ll take a look at understanding debt. This may sound like a bridge-too-far in having a child understand debt […]
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 […]
