Ask a child that question any day of the week and you’re likely to hear “doctor,” “lawyer,” “teacher” or even “computer geek” but ask that question around Halloween time and you can forget the career track. Expect to hear answers ranging from “angel” to “vampire.”
Family finance tips
At Gerber Life we know the value of a hard-earned dollar. And when you're raising a family, it becomes even more important to stretch that dollar as far as it can go to help you save money. Our family finance tips can help you make smart decisions for spending your money as well as help you make use of opportunities to save it. Whether it's clipping coupons before grocery shopping or throwing a do-it-yourself (DIY) children's birthday party, our family finance tips can help you think outside the box so that you can save money.
Talking to your kids about money can sometimes be difficult. Particularly if you grew up in a family where money talk was off limits. According to a 2012 study by T.Rowe Price, 77% of parents admit to not being honest when talking about money with their children and 15% admit to not telling the truth on a weekly basis.
Telling the truth to your children about money matters can help prevent multiple problems and misunderstandings in the future. Here are three simple tips to help make talking about money with your children much easier:
Be sure to focus on what your children really need, not their whims and wants, and to time your purchases to coincide with the best deals.
Here are some money-saving tips for savvy spending throughout the school year:
Organize, organize, organize: Most schools provide a list of recommended items for each child’s grade level. Sit down with your child and review the lists. Check to see if there are any items from last year that can be reused. The process of list evaluation is a great way to build children’s organizational skills.
What does your child or grandchild want to be when he or she grows up? A teacher, a nurse, a scientist or anything he or she dreams of being. Very likely a college education will be needed to make that dream become a reality.