You’ve probably heard how giving not only benefits the recipients but the giver. However, what do you do when you’re in debt? Learn how you can pay off debt and give more to the causes that matter most to you! Giving While in Debt? When people ask this, two things jump out at me. First, […]
School’s out – what are you up to? Today we’re talking about frugal and fun summer activities for your kids and for you!
Fun and Frugal Summer Activities for Kids
Summer break is here and so far, it’s been a blast.
As school was finishing up with my little one we headed over to Denver.
My cousin’s wedding was beautiful. We took the girls to the park to play and relax.
Got to go downtown, explore.
We tried some local brews.
Thanks to my mom, we had some extra date nights.
the next week was a bit more low key at home, but still fun.
with a couple of weeks left before our oldest goes back to school, we’re mixing things up so it’ll be a memorable summer and won’t break our budget.
If you’re in the same boat, I have some good news.
In this episode, we get into:
- how to find enriching and frugal activities around town
- giving your kids skills and knowledge to handle money like a pro
- getting out for date night for just the two of you
Hope you enjoy!
Helpful Resources on Kids and Money
If you’re trying to figure out a system that can work for your family, here are a few resources to check out:
- Cash Crunch Games Jr: Our girls love it!
- FamZoo: Fantastic solution for families. We not only use it to handle allowances but track our oldest’s progress for her big savings goals. You can customize it to your family’s situation.
- Chicago EcoHouse
- The Opposite of Spoiled
- 6 Tips for Building the Charitable Giving Muscle with Your Kids
- 5 Reasons I Don’t Buy Toys for My Kids
- Tips For Giving Kids an Allowance
- Boost Your Kid’s Money IQ with a Simple Spreadsheet
- 29 Tips for Teaching Your Kids to Stack Benjamins
Jumpstart Your Marriage and Money Course
Want to give your marriage and bank account a boost? Pick up Jumpstart Your Marriage and Money course.
Jumpstart focuses on the big wins including earning more. Get LIFETIME access to a four-week course design to help you:
- Stop fighting about money and create a budget that you BOTH LOVE
- Automate your money
- Pay off your debt faster
You can get lifetime access here!
Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere and Logan from Music for Makers in this episode.
Ron Lieber, NYTimes money columnist and author of The Opposite of Spoiled, discusses how to raise
Talking About Money with Our Kids
Whether we plan to or not our kids will pick up their financial habits based on what we say and do around them.
We can look back at our parents and get an idea of how they shaped us. So how can we make sure we’re giving our kids a good start with money?
We get into:
- whether allowances should be tied to chores
- how parents can encourage gratitude
- how early you can begin with financial foundations
Hope you enjoy!
Resources and Links from the Episode
If you want to learn more, I highly recommend that you check out The Opposite of Spoiled as it does a thorough job of tackling some of the trickier situations of raising a financially savvy kid.
You may also want to check out:
- Too Young for Finance? Think Again – Elmo and Lieber discussing the difference between needs vs wants
- Lieber’s columns at the
- Why You Should Tell Your Kids How Much Money You Make
Thank You to Our Partners
Support for this podcast comes from partners like Personal Capital. Easy to set up & easy to use. You can have all your investments, income, and expenses all pulled into one place.
Did I mention it’s free? Why don’t you give Personal Capital a try today?
Thoughts on Raising Money Smart Kids
I’d love to hear from you – what are some of your child’s biggest money questions? How have you talked to them about your values and money?