Registry Reflections

Nathan and I were “KidsSaving” his recent transactions yesterday.  That’s when we reconcile his bank statement with his KidsSave Account.  But it’s also when we make sure that his recent charity contributions or other expenses, get recorded. He looked at the balance of his bank statement with wide eyes and said, “That’s all I have [...]

One Step Closer to Adulthood

Nathan got his first checking account complete with checks and debit card.  It’s time for him to move on to the next level of money management.  At 16, he needs experience depositing, cashing, and writing checks.  He also needs to learn to use “plastic” money in the form of a debit card. I like debit [...]

Show Me the Money

I was talking yesterday with a mom of one of the students in my money class about how abstract the concept of spending money can be.  Sure, kids know how to buy stuff.  That’s pretty concrete.  But do kids understand what happens behind the scenes when we buy things using our credit card? This mom [...]

Deadbeats Rule!

While watching In Debt We Trust with Nathan and Ryan, I found out that those who pay off their credit cards each month are called deadbeats by the credit card industry.  That makes me a deadbeat.  Deadbeats rule! I’m not a big fan of the credit card industry.  Just because you can doesn’t mean you should.  Well [...]