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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. This past weekend I headed out west with my husband, brother, and his girlfriend to help my parents move into their new house. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? A plan B is a must in any home.

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The 5 Most Important Personal Finance Lessons to Teach your Child

Prairie Eco-Thrifter

Before you get ready to shove those kids of yours out of the nest, here are what I consider to be (based on my experience as a person, a Mom, and a Grandma) the most important things you (or someone) should teach them about personal finance. Neither would you want the bank or institution to rip you off.

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Ways for Busy Parents to Teach Young Children About Money

Prairie Eco-Thrifter

But you are a super busy parent, with work, continuing education, business travel, your kid’s other activities, church and the myriad of other things that demand your time and attention. When you get home with the groceries. Play board and online games that teach money or finance or business concepts. Food Related.

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Baby Budgeting: How to Save for Your New Arrival

Koupon Karen

In big cities, you can purchase high-quality baby gear without breaking the bank. You can also look online on Facebook or Craigslist for baby gear for sale by parents. Sign Up for Free Samples and Rewards Programs Many baby companies offer free samples and rewards programs for expecting parents.

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How to Teach Your Kids About Money and Business – Take A Family Field Trip

Prairie Eco-Thrifter

You can have a fun, and usually inexpensive time helping them learn by showing them companies, factories and banks in action. Teach your kid about banking and currency creation. You can tour several federal reserve banks in different parts of the company. In Kansas City, all ages can visit the Money Museum.

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What Makes a Saver?

Prairie Eco-Thrifter

A smile or a word from a parent or teacher, seeing someone enjoying their savings, a chance combination of a happy conversation, a sun shiny day and an increased amount in the piggy bank – all may result in one child’s brain being wired towards the pleasure of saving. The things that give us pleasure vary by temperament.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

The cost of college education is crushing and many parents feel compelled to assist or pay for the entire tuition. ” Recently Go Banking Rates conducted two studies on savings rates with startling results. But for our own safety net, we must make our finances a priority. This leaves not much left to save for retirement.