Money management lessons for kids

Money management lessons for kids

After your child gets an allowance or begins to make money, the next step is to ensure he or she knows how to manage the money. For example, your child has a handful of Naira notes and is eager to go to the shopping mall to spend it all in one afternoon. What do you...
Kids, allowances and chores

Kids, allowances and chores

When it comes to how children get the money they can manage, allowances are the answer. However, some parents give allowances with no requirements on the child’s part while others make performing chores, good behaviour or good grades a condition for getting an...
Money is about values. Let’s teach kids!

Money is about values. Let’s teach kids!

From my interaction with parents and my short experience as one, I have come to understand that many of us want to raise children who are happy and successful. We, however, mistakenly think that money is the key to that happiness and success so we work long and hard...
Vision and Goal Setting for Kids

Vision and Goal Setting for Kids

Life is all about vision and you can only achieve what you believe can be your reality. Vision according to Wiktionary is “an ideal or goal towards which one aspires”. Synonyms of vision are dream, desire, aspiration or fantasy. One can also refer to it as the...
Global Money Week 2015

Global Money Week 2015

Hello there! Top of the day to you! For some weeks now I’ve been thinking about and planning for Global Money Week (GMW) 2015. GMW is a money awareness celebration with a goal to teach children and youth about money, saving, creating livelihoods, gaining employment...
Can’t You just go to the ATM to get it?

Can’t You just go to the ATM to get it?

My children (both below 10 years old) have been appealing that they needed internet enabled phones for a while now. It has been very funny to me and each time they talk about it I have used the opportunity to help them understand the difference between needs and...