Thursday, September 22, 2011

Curiosity is Cool. What if ... ? 5 Questions for Kids

Kids love to ask questions.  And so do parents.  Here are five questions that will give you great insight into what your kids are thinking and curious about.  Take their responses a bit futher by asking them to describe ways of how they could save, invest, donate or spend money to do the things they want.

1.  If you had a million dollars in your pocket, what would you do with it and why?
2.  If you were to do something nice for someone, who would it be for and what would you do?
3.  What kind of job do you think would be fun to have and why?
4.  What is your favorite thing to do and why?
5.  If you could buy something for someone else, what would you buy?  Who would it be for and why?

Be sure to scroll down and over to the right to watch Kids Finance Coach Kids Keanu and Tristen's videos about how to Save, Invest, Donate, Spend money.

Tuesday, September 6, 2011

Covering Your Bases - A Game Winning Strategy

As a financially savvy kid, it’s important to set short, medium and long-term goals. Then create a budget and a financial plan to illustrate how you can meet all of your goals. Consider how much money you will put into the following 4 categories:

Before you spend, you must save. You must spend on your budgeted items before you donate. With excess money, you can then invest for the future. Then it’s time to save some more!