Teaching Your Kids About Money


Teaching Your Kids About Money

One thing that my parents never really spent a lot of time with is teaching me about finances. As a child, I remember them always bickering about “being broke”, but we always seemed to have money to do extra things like go out to eat, vacations, and the lot. Since we didn’t really talk about finances, or how to be responsible with money, it was really confusing for me as a child to figure it all out on my own.

Now that I have my own children, we talk a lot about money. We don’t let the kids in on our family finances, but we do talk about how to earn an allowance and the importance of saving for the long term and short term. When you’ve made so many financial mistakes yourself, you want your kids to have the best education as possible when it comes to money.

The Depot Minneapolis

As part of our homeschool lesson, we spent sometime pretending the kids were in the “real world”. Each child had to pick a job, find a house, and budget for groceries. It was a really fun exercise. The kids had fun talking about what they would enjoy doing, and whether or not earning a lot of money was more important to them or whether being happy in what they did for a living was more important.

We found this really neat Budget Calculator from Genworth Financial, that made it even easier for the kids to see some really good scenarios on how budgets work.

After the budgeting exercise, we even had the kids look up some financial articles. The girls really liked this article about women making financial decisions. It was really neat for them to read it together and wonder why the heck women are “passing the buck” when it comes to financial decisions! The kids never cease to amaze me with their perspective and curiosity. Sometimes they seem wise beyond their years!

Our family enjoyed this exercise so much that we wanted to share it with you. If you want to teach your kids about money, here is the steps that we used to get them more familiar with how important it is to understand money.

Teaching Your Kids About Money

How do you teach your kids about money?

Information for this post is sourced from Genworth Financial in partnership with the SheHeard Influencer Network

Parenting Rant: Just because I don’t have a PhD doesn’t mean I am an idiot!

Parenting
Parenting
The three Crunchy kids!

Being a homeschooling mom, I spend a lot of time on the Internet researching information on schooling and parenting. I can’t tell you how much it infuriates me every time some “expert” writes articles that basically state because I don’t have a Ph.D. that I am a complete idiot. No, I don’t have a Ph.D. Heck, for that matter I didn’t even pursue a Master’s degree, but you know what I am an “expert” when it comes to my children.

HOMESCHOOLING ANARCHISTS?

Recently I read an article called “The Case for Cinderblocks.” Basically it’s an article written by a former teacher, that states that any parent that decides to unschool their children or even pull their children out of public schools are “anarchist[s] [whom believe] that if public schools don’t work for you, you should stop going. Burn them down. Refuse to pay taxes. ”  So, let me get this straight not only are parents that choose to homeschool incompetant, but we are anarchists that are looking to pull down the entire country? Wow, that’s beyond a bit extreme.

Deciding to pull your children out of school and homeschool is a really big decision. It’s something that parents should have support for, not something that they should be considered to be pariahs of society. Most homeschool parents second guess if they are doing the right thing on a daily basis, but that’s because they care not because they are inept.

OUR HOMESCHOOLING JOURNEY

We have been homeschooling for three years now. All three of my children have some form of special needs, and regular public school was just becoming absurd. It was a daily battle to get the kids to school and keep them engaged. Let alone actually learn anything.

Our eldest daughter, Keiran, was the first to leave. She had already failed a grade due to her hearing loss, of which the schools REFUSED to give her an IEP to assist her, and was having health issues. Instead of helping us educate our daughter, the school system sent us threatening letters because of her absence even though it was due to documented illness!

About 2 months after Keiran left, we asked if our other two were home as well. My son was failing reading. Even though he had special reading classes he still wasn’t making progress and not once did the school mention an IEP for his ADHD. They just contineud to throw their hands up in the air and let him fail.

My youngest daughter, got the same threatening letters for her absences. It didn’t matter that they were for doctor’s appointments, and the school was quite aware of her medical problems as well.

CRUNCHY FAMILY FIGHTS THE PUBLIC EDUCATION SYSTEM

Leaving public schools was probably the BEST decision my family has ever made for our children. No, it doesn’t mean I am going to torch the local elementary school, but it does mean that I am not afraid to stand up and advocate for my children. The public school systems failed our family.  I spent YEARS of my life trying to work with the system and follow the “experts’” rules, but after all that talking all I was was hoarse.

Ever since our children have left public school, they have done nothing but learn. My son, whom used to read two grade levels below, is now working on The Wizard of Oz. My youngest daughter that used to hate “learning,” now can’t stop documenting all of the amazing animals she sees in a self-made nature journal. Keiran, our eldest, whom couldn’t even hear the letter “P” let alone pronounce it, now wants to study Italian and travel to Italy.

It’s about time that we take back our place as parents. There are too many experts telling parents every day that we aren’t “qualified” to make educational, and even sometimes medical, decisions for our families. This couldn’t be further from the truth.

I could really care less what the experts say. As far as I am concerned, if allowing my children to prosper and devour subjects that interests them makes me an idiot, then I must be a fricking idiot!