Welcome to an amazing show with Amy McCready, back again for another conversation! Amy is the founder of Positive Parenting Solutions, which provides online training for parents of toddlers to teens. She was with us in Episode 10 when we discussed the Me, Me, Me Epidemic. Amy is the mother of two college-aged kids and is the author of If I Have to Tell You One More Time and The Me, Me, Me Epidemic. We’re talking about money, and how to encourage and empower kids in their sense of money. Join us!
What you’ll hear in this episode:
Most of us don’t have much training in money management!
Four systems of money management and the problems with each:
Money as needed
Money as reward
Money as payment
No strings attached allowance
The benefits to the “no strings attached” allowance
Suggestions for allowances and kids’ finances
Realistic budgeting for kids’ expenditures
Tools to use to get kids to contribute around the house
The difference in a chore and a contribution
Family meetings: brainstorming solutions
Loans and credit scores---for kids!
Find Amy on Facebook, too!
If I Have to Tell You One More Time by Amy McCready
The Me, Me, Me Epidemic by Amy McCready
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