Posts Tagged ‘kids and giving’

Step-kids and College: 5 Ways to Make Sure Everyone is Happy

Monday, July 5th, 2010

Figuring out how to pay for your child’s college education can be a major financial headache. Add the complex dynamics of a blended family to that situation and the stress level can go through the roof!

But it doesn’t have to be that way. With some honest conversation, a clear plan, and a solid sense of reality, you can find your way through the sometimes-choppy process of making financial decisions with your child’s other parents without creating new problems.

Get the 5 keys to a successful arrangement HERE.

View all the Money Couple Minutes HERE.

Love and Money on ABC News

6 Steps to Helping Your Adult Children Financially

Monday, March 1st, 2010

Every parent knows that our care and concern for our children doesn’t stop when they hit adulthood. But most of us are a little unclear on how that care should play out financially. Trying to figure out when and how to help adult children with money problems can lead parents into all kinds of financial miscommunication and conflict.

It doesn’t have to be that way. While the best approach for you will, of course, depends on the situation, there are 6 guidelines you need to keep in mind as you make financial decisions about your adult children.

1. Know your child’s Money Personality - Read more here

2. It’s ok not to play fair - Read more here

3. Respect each other - Read more here

4. Don’t hurt yourselves to take care of your kids - Read more here

5. Decide if there will be strings - Read more here

6. If there are strings, get them in writing - Read more here

Read this week’s entire Money Couple Minute - HERE.

A Great Idea for Getting Kids Excited About Giving

Tuesday, December 1st, 2009

Here was an idea we received from one of our readers that we couldn’t resist passing along…

“Just yesterday our kids took some money they had been saving for a few months and used it to each buy their own assortment of hats, gloves and socks. My husband and I bought our own pile too. We handed out over 40 pairs of gloves, 40 hats and 40 socks to the homeless people standing outside. The kids had their own bags and got to individually hand them out. The worst part was that there were still more people we didn’t get to bless because we ran out, so we are thinking of doing it again.”

Let us know if you have any other ideas to communicate good giving habits to your kids by emailing us at info@themoneycouple.com