If you’ve ever started your own business, you know that most successful businesses start with a plan. A business plan which forces you to really think about what you’re doing and why. So, if your kid is starting a business- should they do the same thing?
Your young child keeps bugging you to have a lemonade stand. Are they just bored or do they really have an entrepreneurial spirit? What are some ways parents can tell if this is just a passing phase or something more? And how can becoming an entrepreneur benefit your child throughout life?
So, your kid seems interested in money...probably because he’s always asking you for it. How do we, as parents, help our children better understand (and appreciate) how money works? How do avoid talking about money so much that it becomes an obsession? And what are some great ways to start coaching our kids on how to be responsible with it?
We all have dreams, right? Big, lofty goals... things we want to accomplish in life. And just as we like to dream, it’s also important to pass that thought process onto our kids. But how do you do that? And how do you deal with "failure" if things don't turn out as planned?
Are you prepared to pay for two sets of college tuition at the same time or pay for major life events like weddings or house down payments? The thought of just one of these is overwhelming, much less paying for two at a time! What can you do to plan ahead and save money for the future of twin parenting?
As their family grows, new parents watch as their wallets get thinner and thinner. But is all this additional spending really necessary? How can you spend and invest wisely?