Chores, Allowance, and Jeans—Answers to Your Money Questions!
Monday, May 16, 2011 at 11:09AM 
Last week I had the privilege of being a guest expert on Café Mom's forum, "How Can You Teach Your Kids About Money?" What fun! Dozens of moms asked me questions about chores, allowance, and getting their kids to save. (A personal favorite from the mom of a teenage daughter: "Is $120 too expensive for jeans?")
Looking back on all the questions, here's my main message to moms: Even though talking to kids about money can feel overwhelming—especially if you don't have all your own financial ducks in a row—money is actually simple. It's all about making choices, delaying gratification, and using everyday moments to teach money values.
I was inspired by all the moms who participated. The fact that they want to teaching their kids to be responsible about money means they're on the right track—and their kids are lucky to have parents like that (even though they may not appreciate it 'til they're older).
If you didn't get a chance to ask a question, see if yours was answered on the forum, "How Can You Teach Your Kids About Money?" Or, you can always ask away in the comments section below.
Reader Comments (1)
Those kids are lucky. I could have used some budgeting advice at a young age!