by Stoffel | Apr 29, 2025 | Financial Literacy
A Note to Parents By now, your child understands how to save and spend, spot needs versus wants, and even make a mini budget. Now it’s time to talk about where money actually comes from – and why it doesn’t magically appear. This post introduces the concept of...
by Stoffel | Apr 25, 2025 | Financial Literacy
A Note to Parents Now that your child understands how to save and spend – and how to tell needs from wants – it’s time to introduce another key financial skill: budgeting. Think of budgeting as a simple plan that shows kids how to use their money on...
by Stoffel | Apr 16, 2025 | Financial Literacy
A Note to Parents As your child becomes more familiar with saving and spending, the next step is teaching them how to tell the difference between a need and a want. Understanding this difference builds decision-making skills and helps kids prioritize spending – a...
by Stoffel | Apr 8, 2025 | Financial Literacy
A Note to Parents Once your child starts receiving a regular allowance and learns that money can grow (thanks to the magic of compounding), the next natural step is helping them decide what to do with their money. Should they spend it now on something fun? Or should...
by Stoffel | Apr 5, 2025 | Financial Literacy
A Note to Parents Compounding is one of the most powerful forces in finance – and one of the hardest to appreciate without seeing it in action. For kids, it’s like magic: the longer your money sits and grows, the bigger it gets. Not because you keep adding more, but...
by Stoffel | Apr 3, 2025 | Financial Literacy
Introduction Money skills don’t develop by accident. They develop through practice – and the best practice comes from handling real money, making real decisions, and living with the consequences. I started my son on a weekly allowance when he was five. Now that he is...
