Children & Teen Money Tips


36 Supereasy and Fun Ways for Teens to Make Money

If you’re wondering how to make money as a teen, these creative tips will inspire you! My teen niece works after school as an ice skating coach and earns $20 per hour. Not all jobs for teenagers make that much money, of course — but if you’re creative and practical, you can find those hidden gems. These ideas for teens range […]

How Debt Increases Self-Esteem – The Upside of Financial Debt

family loans adult children

6 Things to Consider Before Lending Money to Your Adult Child

Financial loans between family members can cause conflict, rifts, and debt…and they can also be a show of trust, encouragement, and support! Here’s what you need to know about lending money to your adult child – and how to protect yourself from a financial disaster in your family. This article was inspired by a reader who is struggling with financial […]


23 Tips for Teaching Kids How to Handle Money

If your kids weren’t born with natural money skills, don’t fret! These 23 quick tips for teaching financial literacy will help your kids learn good money habits and achieve financial goals. “How are learning to a ride bike and learning about money similar?” asks Karyn Hodgens, creator of KidsSave. “Both involve kids being ACTIVE participants.” Here, Hodgens reveals how kids can […]


Giving Teens an Allowance – Money Management Tips for Parents

A parent asked me about giving her 13 year old teenager $50 a week for an allowance. Since I’m no expert on teens and money management, I asked the creator of KidsSave for her input. Here, Karyn Hodgens offers some practical tips on giving teens an allowance… This was my reader’s question: “I give my 13 year old $50 a week for allowance, and […]


Teaching Kids about Money at Christmas – Tips for Parents

Christmas is the best time to teach kids about money. These tips for parents are from Karyn Hodgens, creator of KidsSave (a unique kids’ saving program that puts kids in charge of their money). “The biggest challenge I face regarding Christmas spending and kids is sticking to my budget,” says Hodgens. “This is a recent phenomenon for me, starting when my kids entered […]


Kids’ Halloween Ideas – Candy Shopping and Halloween Parties

Should kids’ spending money go towards Halloween candy shopping, parties, or costumes? These Halloween ideas are from Karyn Hodgens, creator of KidsSave — she helps kids learn to take charge of their money. “The best lessons are learned in the context of kids’ everyday lives,” says Hodgens. “So let’s use Halloween as an opportunity to sneak in a few life […]


7 Ways to Save Money on Back to School Spending

These seven ways to save money on school spending not only help you achieve your financial goals, they’ll help your kids learn the value of a dollar! “On average, according to the National Retail Federation, a family with children in kindergarten through 12th grade will spend about $549 preparing for school each year,” says Ethan Ewing of Bills.com. “College students and their […]