|Alive and Worthy, LLC.||
by: La'Toya R. Sibley
If you were anything like me an my family, growing up in the 80's and 90's, you would know that finances were never a discussion that children were privy to let alone something that was commonly taught in most households. As a Mother to my own three children and facing the financial ups and downs that myself and my husband have been through, all I can think is that I do not want my kids to fight the same fights that I have. So the question that have plagued me is...…...… What is the right age to begin teaching my children about finances? Many people have come up with so many different answers but we will dive into the answer that resonated deeply within me and has caused me to be solid in my stance about teaching my children about money.
The thing that we know about life is that what we do not teach our children, the world will teach them and it will probably not be in their favor. With that being said, as parents, it is a must that we do our part. Dave Ramsey wrote an article on his website titled 15 Ways to Teach Kids About Money. In this article he gives 3 tips on his website on how to teach your Pre-schoolers and Kindergarteners about money that demonstrate how to begin to open their eyes to the realities of money. In this same article, Dave Ramsey stated that there is a study by the University of Cambridge that found that money habits in children are formed by the time that they are 7 years old. This same article by Dave Ramsey goes on to talk about how to continue teaching your child about money until they are 18 years old to include credit card knowledge and them saving for college so that they may stay away from student loans.
So again, what is the right time to teach your child(ren) about finances? As soon as they can pick up or know the difference between a coin and a dollar bill. Why wait? Waiting did nothing for us. We need to do everything that we can to not have our children go through the same struggles that we went through with our finances. Also, visit Dave Ramsey's blog article at https://www.daveramsey.com/blog/how-to-teach-kids-about-money for further insight into the tips that he gives in regards to teaching your younger ones about finances. You are guaranteed to find something to help you on this journey to helping your children be financially fit and financially free.
by: La'Toya Sibley
If you are anything like me you like to look nice but don't want to pay an arm and a leg for it. I love bargain shopping and I frequent places like Ross, Burlington, Bealls Outlet, etc. At these stores, I can find really nice items (both name brand and not name brand) for super reasonable prices. On my most recent visit, I ran across THESE Puma shoes. Now Puma, and Adidas, has been on the come up as of lately and I am sooooo feeling it. I was looking for a new pair of tennis shoes and BAM, there they were. They were in the little boys section but they are very girly appropriate as you can see. And guess what? They were only 44.99!!! I COULD NOT pass them up! I HAD to get them and I did. And they are sooooooo comfortable. I cannot forget about that!
The crazy thing is, people pass up on stores like this and head straight to the outlets stores or the malls. There are really nice things in these types of stores for great prices. I have even found Jordan's and LeBron's for my kiddos in both Burlington and Ross. I urge you to do not sleep on these stores. My husband whines that these stores give him anxiety because to him they seem so cluttered and all over the place. But if you have some extra time and are looking for some nice and inexpensive stuff, go there. Looking good doesn't have to be uber expensive. I can spend my extra money in other places.... or just save it. I'm just saying. But I love my Puma's and will be going back to see if I can find some more again. :)
Tell me some of your favorite stores to get nice things for great prices. Maybe you have found a treasure that the rest of us bargain shoppers haven't discovered yet. Let us in on your secrets ehh.