Sometime during our childhood, we make decisions about our possibilities and our limitations instead of enhance them. It’s only when we’re adults that we hopefully realize that we generally get what we argue for in life and we get what we truly want in our lives. Before I go on, I found this great video [...]
For all of you financial freedom fans, you probably are not only aware of Robert Allen but you've read several of his books, especially Multiple Streams of Income. On my recent Internet Marketing Cruise (Jan. 09), I had the honor of asking Mr. Allen three specific questions: 1) How he learned about money and wealth [...]
Allowances and Holiday Spending: Give the Gift of Financial Skills that Keep on Giving. It's that time of year again. Time to 'help' your kids buy gifts (if you do gifts) for others. And by help, I mean help them literally and financially. There's so many options for this 'help', I could write a book [...]
A review of some of the key concepts within Robert Kiyosaki’s book “Rich Dad, Poor Dad”, in which he outlines the 6 personal obstacles to financial success, defines them in detail, and then describes how to overcome those obstacles. Part one of the series covers overcoming fear, and how actually investing your eggs in just [...]
A testimonial to the power of creating financial skills in your won children. In order to give your children a head start in their financial life, there are seven important tips to follow. These steps include investing time in teaching your kids, limiting pocket money, encouraging small business ideas, and many other innovative and creative [...]
By adding financial literacy to a home school curriculum, parents can help to educate their children for future financial success. Current statistics show that public schools are horribly lacking when it comes to financial education. Considering the fact that surveys show over 70% of young adults turn to parents as a primary source of their [...]
When her husband lost his job as a mortgage underwriter at failed IndyMac Bank this July, one of the hardest moments for Jill Hofknecht was telling her 5-year-old daughter she couldn't have a pet hamster. All the accoutrements that the little rodent required — a cage, water bottle, food bowl, toys and food — would [...]
My dad passed away unexpectedly last year and, as emotionally difficult as it was to go through his things, the family was heartened to find that Dad had quietly done us yet one more huge favor. He left behind impeccable financial records and a one-page letter telling exactly where to find everything. His letter was [...]
As a parent, you may be very confused about how to dole out this thing called an allowance. But before you ever dole it out, you have to know WHY you're doling it out. Here's some questions to ponder before you put an allowance system, any system (The Ultimate Allowance or any other system) into [...]
By adding financial literacy to a home school curriculum, parents can help to educate their children for future financial success. Current statistics show that public schools are horribly lacking when it comes to financial education. Considering the fact that surveys show over 70% of young adults turn to parents as a primary source of their [...]
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I've been thinking on this one for years. Parents have called and emailed me over the years, since I first created The Money Camp for Kids and Teens (now called Camp Millionaire) and told me that they want their children to learn the 'value of a buck.' I remember thinking the very first time I [...]