Comments on: Financial Literacy A Must For Every Child Today!

By: Ian Besi

Ian Besi — Sat, 28 Nov 2009 22:24:04 +0000

Thank you for this valuable post. Being in the Credit Card industry myself, I always try to keep up with cutting edge info. Your blog is deffinately worth Bookmarking. Cheers!

By: Leena

Leena — Tue, 25 Aug 2009 17:07:06 +0000

Hi auto insurance phi,

yes, what you say is very true. Financial education is must to recover well from the present crunch and also to manage well in the future.

By: Leena

Leena — Tue, 25 Aug 2009 16:59:54 +0000

Hi Amy,

Thank you for sharing that very useful link with us out here !

By: Leena

Leena — Tue, 25 Aug 2009 16:50:03 +0000

Blood Donation is noble and people should do it. It seems to be a good way to earn that extra buck ! But what I fear is that if it becomes a habit with college kids, their healths will be in danger. donating blood for pocket money can be quite a dangerous thing to do.

By: Leena

Leena — Tue, 25 Aug 2009 16:42:30 +0000

Hi J. Steve Miller,

I could never imagine to meet you here ! Thanks for those frugality tips. i wish parents follow your method of imparting basic financial education to their children.
I would love to read your book. I’ll visit your website soon.

By: J. Steve Miller

J. Steve Miller — Tue, 25 Aug 2009 12:54:26 +0000

Good ideas, good recommended organizations and resources. Thanks!

One thing that’s worked well with our children is that, besides food and clothes, they pretty much pay their own way. We give them ways to earn money, so they they don’t come around begging for us to buy them the next video game. If they have the money saved, they can buy it. So there’s no whining and begging to get us to buy things. They understand that you buy what you can afford with your money. We don’t give a free allowance.

Regarding frugality, we buy quality clothes at reasonable prices. When a child says he wants a tennis shoe that’s $30 more than a similar quality, but less popular brand, we say that “I’ll pay for a quality shoe at a decent price. If you want to pay $30 more for the name and design, you can pay the extra.” We’ve yet to have a child pay the extra. Again, there was no whining. It just made sense.

Legacy Educational Resources offers life skills resources, including free personal money management resources for teens at http://www.enjoyyourmoney.org .

J. Steve Miller, author of Enjoy Your Money! How to Make It, Save It, Invest It and Give It – “The money book for people who hate money books”

By: Give Blood Donation

Give Blood Donation — Tue, 25 Aug 2009 02:44:53 +0000

Looking for a part time jobs? or got unpaid internships? why don’t you try a blood donation. I think this is a very big help for college students who needs an extra money and make up to $50/hour for blood donation. As we all know, Blood bank shortages kill tons of people all the time and it is time to spread the word about blood donation and give blood, you will never know when YOU might need blood. This is really beg help even it is just a part time or just once in while, the bottom line of this is to saved lives.

If you are thinking to be a blood donor and looking for specific blood banks and directory you can check it here at bloodbanker.com/banks.

By: Amy Boroff

Amy Boroff — Tue, 25 Aug 2009 01:50:23 +0000

Thanks for your great insight. In addition to the great resources and non-profit organizations you mention, Junior Achievement is another notable org educating k-12 students on financial literacy, work readiness and entrepreneurship!

By: auto insurance phi

auto insurance phi — Tue, 25 Aug 2009 00:51:04 +0000

I think this is great. There are several high schools that are helping kids get a stable financial foundation by offering finance courses for one semester. It’s a step in the right direction after all this money mismanagement.