Search Results for: blog steps to teaching your children to save money

Living Math

Math is used every day. Living math is an aptly put term for teaching math through the every day uses of math. Children are taught how to solve real life math problems using real life scenarios or hands on manipulatives or simply through play. Push the worksheets and textbooks aside and see the equations you solve daily. A child will learn to understand math when he sees the connection to the physical world around him. Real world math scenarios to consider: Doubling a recipe. Cutting a recipe in half. Calculating change before the cashier hands it back. How much money … Continue reading →

Plan Ahead to Save Money

Something I learned early on, while working on a frugal lifestyle, is to plan ahead. It is the only sure fire method to ensure you are actually going to save money on everything you do. Planning ahead is the ticket to see whats in the future. Making lists, creating budgets and using coupons and shopping at sales are only a small piece of the overall puzzle. Planning ahead is the key. Meals Meal planning, which is planning ahead for meals, ensures that you spend only what you have set your mind to spend on food. Knowing what you will prepare … Continue reading →

Sharing Your Frugality With Your Family

Getting your family involved or even semi-interested in your frugal ways, or in saving money, can be a huge challenge. Most of the time, significant others don’t tend to see things the same way we do. And children usually have no concept of the value of money or what saving money can mean. This can really put a kink in your plan to save money, but there are some things you can do. Put it on paper Put it down in writing. Try keeping track of your savings for a couple of weeks. Write down the money you saved by … Continue reading →

Using a Change Jar to Save

Using a change jar can help you save quite a bit of money. It is an easy way to save, because it does not require an extra trip to the bank, and it is a great visual reminder and motivator while you watch it continue to grow. A change jar is not necessarily a jar, however, and can be created out of anything that can hold large amounts of money. I have seen people use coffee canisters, milk or juice jugs, bulk pretzel containers, Pringle cans, and buckets. You can use whatever you want. We use an old water cooler … Continue reading →

The Frugal Blog Week in Review: Jan. 27 to Feb. 2

Hello there! It is a quiet Saturday evening on the day before the Superbowl. my husband is getting the last kid to bed, I’m listening to my new Nora Jones music, and I am seriously thinking of taking a nice hot bath. Before that, though, I wanted to bring you the week in review for the Frugal Living Blog. I know you read every blog faithfully, so I’ll just assume you want to reread them all again. Saturday, January 27 Save on Paper: Take Advantage of Junk Mail In an earlier blog, Save on Paper: The Three Best Ways, I … Continue reading →

Talking To Your Children About Saving Money

Many parents think that discussing money issues with children is not okay. However, I completely disagree. Now, let me clarify that statement first. If you are having severe money difficulties, or you are going through something that might cause your child extreme worry or anxiety (perhaps having a house foreclosed on, or a car repossessed), it is best not to discuss this with a child. They will not completely understand how big all this is, and they will undergo an extreme amount of worry and fear, wondering when things will start being taken away from them. However, in the same … Continue reading →

Steps To Teaching Your Children To Save Money

Teaching our children to save money, is certainly not an easy task. In fact, it is one that sometimes requires careful planning and a whole lot of repetitive discussing. Children don’t come programmed understanding finances and budgets. In fact, they come programmed with a “I want that” attitude. Completely normal. But how do you break your child of their I want that attitude, and work on teaching them to save money? It isn’t as hard as you think. It entails several different steps or processes and it means keeping at them consistently. Children learn by watching and also by doing. … Continue reading →

Teaching Your Children to Use a Grocery Budget

One great way to give your children practical money experience is to have them complete the grocery shopping for a month. This will be a learning experience for them. In addition you might ask that your child help to plan the menus and cook a few meals each week. Here are five steps to complete to insure a positive experience for your child. 1) Sit down with your child and explain how much money is budgeted for the month. You may want to have your child decide how many shopping trips he will take during the month, and have him … Continue reading →