31 Days of Kids and Money

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This month I will be joining Nester and 1500+ bloggers in the 31 Day series. It’s an online writing challenge where we all link up to The Nesting Place and then post on our blogs for 31 straight Days in the month of October.

I participated last year and wrote 31 Days of Transforming Grace.

This year I am really excited to write about Kids & Money.

As parents we sign our kids up for music and sport lessons. We work with them to learn their math facts and spelling words, but what about mastering money? I want my children to be financially intelligent. As a result, I am intentional in teaching my kids about what the Bible says about money and practical ways to handle money.

According to Dave Ramsey's website:

 In 2007, 60% of teens knew how to balance a check book. In 2011, only 43%.

40% of 13-22 year olds expect to receive an inheritance. Only 16% of parents said they think they can provide one.

75% of teens say that learning more about money management, including budgeting, savings and investing, is one of their top priorities.

It’s been 12 years since I have been free of consumer debt. Having struggled with managing money myself, it’s important to me to equip my kids with the necessary tools they will need to manage money.

I started talking about money with my kids when my oldest daughter was 4. My little ones now are 6, 8, and 10. Shaping the way they view money will continue until they are on their own.

Over the next 31 days I will tell my story. I’ll share with you many of the lessons we’re learning, the activities we do, and the games we play that teach our children about finances. My posts will include free printables, and resources as well.

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This Day 1 of a 31 Day Series on Kids & Money. Click here to check out other posts.

Day 2 - Got Debt? I Did

Day 3 - Family Finance Mission Statement

 Day 4 - Talking About Stewardship

Day 5 – Funny Things Kids Say About Money

Day 6 – Memory Verses on Stewardship

Day 7 – Momma’s Mini Money Managers

Day 8 – Tithing and Frozen Yogurt

Day 9 – Putting Your Kids to Work and Free Labor

Day 10 – Long Term Savings

Day 11 – Short Term Saving for Kids with Printable

Day 12 – Jokes About Money for Kids

Day 13- Ideas to Contain Give-Save-Spend

Day 14 – Wise Spending

Day 15- Tracking Your Spending

Day 16 -The Big Picture – Creating a Financial “Portfolio” for Kids

Day 17 – Needs vs. Wants

Day 18 – More on Chores

Day 19 Play Games Together

Day 19-1/2 Playing Games Together

Day 20 – Turn a Profit

A Simple Way to Estimate Profit with Your Kid Entrepreneur (Day 21)

Kids and Money: Crosswords Puzzle and Word-Search (Day 22)

Trep$ – An Entrepreneurship Program for Your Kids (Day 23)

Another Game to Teach Kids About Money (Day 24)

Back to School Clothes – 4 Steps to a Creating a Budget for Kids (Day 25)

A Great Way to Encourage Kids Savings Accounts (Day 26)