Comments on: Kids & Money: A 15-yo’s Financials

By: Suburban Wife’s Daily Dollar Diary » Day 242: No-Spend Day

Suburban Wife’s Daily Dollar Diary » Day 242: No-Spend Day — Mon, 05 May 2008 03:51:58 +0000

[…] Old Navy — $19.37 Two shirts for herself. I’m not sure what type of color because I haven’t seen them yet. I know that she needs to replace some of her shirts so I have no complaints about this purchase. Besides, even after this purchase she still has a balance of $221.00 in her clothing allowance. […]

By: EmilyG

EmilyG — Thu, 14 Feb 2008 16:17:01 +0000

Congratulations on raising such a financially savvy daughter. I wish more parents were this involved and taught this much to their children when it comes to money. I recently graduated college and amazed at how many of my peers grew up in a house where money just wasn’t talked about. They are suffering in the real world as they struggle to learn how to budget and figure out how credit works. So major kudos to you!

By: Carnival of Personal Finance » Carnival of Personal Finance #137

Carnival of Personal Finance » Carnival of Personal Finance #137 — Mon, 28 Jan 2008 19:29:55 +0000

[…] Kids & Money: A 15-Year-Old’s Finances […]

By: Michelle Dawn

Michelle Dawn — Mon, 28 Jan 2008 16:02:04 +0000

I applaud you for raising such a money conscious individual. Yes nature does play a part, but obviously you have nurtured well This post is inspirational. I’d like to hear in the future how you and your husband were able to transition from introducing money concepts at age 7-8 to the current knowledge your 15-YO daughter has. Did you make a habit of sitting down and teaching her about finances, or did you just talk about issues as they came up?

By: Carnival of Personal Finance #137 - The Passion Edition » The Dividend Guy Blog

Mon, 28 Jan 2008 05:21:45 +0000

[…] Suburban Wife has obviously put some tremendous thought and passion to money matters and her children. On her blog Suburban Wife’s Daily Dollar Diary presents Kids & Money: A 15-yo’s Financials. […]

By: Suburban Wife

Suburban Wife — Sat, 26 Jan 2008 07:52:14 +0000

Hi Alison. Thanks for your comment. I suppose it wouldn’t work with every child but my hope was that my kids would learn that saving was its own reward, just as being a good student is its own reward. Sometimes external rewards are necessary but I see them as a crutch; useful when necessary but not ideal.

By: Alison@This Wasn't In The Plan

Alison@This Wasn't In The Plan — Sat, 26 Jan 2008 03:13:05 +0000

I don’t think it’s totally wise to require kids to save either. I really like how you showed them the benefits of saving and then let them do as they wish. It sure seemed to work well!

By: Suburban Wife

Suburban Wife — Thu, 24 Jan 2008 16:30:45 +0000

Thanks for your comment, Solomon. Good habits and important skills are what we’ve tried to impart.

By: Solomon Broad

Solomon Broad — Wed, 23 Jan 2008 12:40:00 +0000

That’s a fantastic habit you’ve got her into.