Lesson 7 – Back-to-School Shopping

Is it me or does it seem as if back-to-school shopping is starting earlier and earlier each year? You can feel the heat and humidity in the air, but yet you can’t avoid seeing signs in store windows of kids with backpacks in sweaters and jeans. Each year as we approach the busy back-to-school shopping…

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Lesson 6 – Paying Bills

I was recently at the tennis center where my son plays and overheard the mother of another player talking to someone at the front desk. Her son was buying a new tennis racquet and she was explaining that he would be paying for it with the money he received from doing a few chores around…

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Lesson 5 – Saving Money

One afternoon, I came home from work, and my son, who was five years old at the time, was in his room with coins all over his floor and dollar bills crunched up in little balls. He told me he decided to open up his piggy bank and take out all of his money. As…

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Lesson 4 – Spending Money

My son has made it very clear; he is never getting married. Why? Because it is “disgusting!” “What’s so disgusting about it?” I ask him. He says, “You have to kiss a girl, take her on a date, and pay the check.” Obviously, you have to imagine his tone of voice and mannerisms to really…

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Lesson 3 – Borrowing Money

I recently had an eye-opening conversation with my son. Sometimes as parents we don’t realize that the simplest of concepts to us are often the most confusing to our kids. Take the idea of borrowing money. When I tried to explain to him what it means to borrow money, he just looked at me with a…

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Lesson 2 – Understanding Credit

A few years ago, my husband and I were out for dinner with our son. He must have been about two years old at the time. When the waiter brought the check to the table, he surprised us all (including the waiter) by saying, “I got this!” He reached for the check and pretended he…

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Lesson 1 – What is a Job?

Each morning, my husband and I get up to go to work and my two boys are very much acquainted with the routine. They don’t think twice about the fact that we work to buy food, pay for our home and most importantly buy toys. Of course there is the occasional groan when mommy or…

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