Basic Money Smarts

Personal finance articles for families with particular emphasis on teaching kids financial literacy
#FinancialLiteracy #PersonalFinance #FinLit

[The Centsables @TheCentsables]

A weekly allowance can be an important tool to help teach your son or daughter about how to manage money. https://t.co/U40JUMCLpS @Kiplinger #financialliteracy #allowance #parenting

[Basic Money Smarts @basicmoneysmart]

@NAPFA Make yourself review it on a regular basis so you remember what your budget goals are and can compare to your actual spending. Using a tool to automate it can make it pretty easy.

[MichaelKitces @MichaelKitces]

Most debt-ridden generation isn't Millennials. It's #GenX. Driven by being in the stage of life of buying homes (& having mortgages). Still, 1/3rd of GenX income goes to debt payments...?

"Personal Debt Declines, Still A Source of Anxiety For Americans" https://t.co/OSHeTQen7N

[Basic Money Smarts @basicmoneysmart]

@Wealth_Theory @froogal_savings Agreed. The earlier you start saving the more time your money has to compound and grow for you. But I would say it’s not just about getting out of the rat race but the savings give you freedom and more choices

[Money Fit @MoneyFitbyDRS]

Expert Advice: How to Care for Your Child's Credit https://t.co/WyjztGet6J

[Basic Money Smarts @basicmoneysmart]

@SimpleMoneyMove Interesting article, I think it’s very true

[Basic Money Smarts @basicmoneysmart]

@Y_Bernard26 That was great! Thank you so much for doing that! Go Beavs!

[Basic Money Smarts @basicmoneysmart]

@markallan33 I think the grass is always greener. I agree, sitting in a cube year after year would not be my ideal. So as an accountant I did it for a while to get experience then designed my own business so I didn’t have to do that. I’m sure a entrepreneurial hvac person could do the same

[Basic Money Smarts @basicmoneysmart]

@MoneyIsNotTaboo Did pretty well this year and mostly kept to the budget. Where did you travel to?

[POPKids @Popk_com]

Not only do students lack a proper #finlit education, but so do #teachers, making it harder for the youth to get the proper knowledge they need. Illiteracy is a problem that affects us all 76% of students are unprepared for their financial futures. https://t.co/LOBNq2AKXJ

[Basic Money Smarts @basicmoneysmart]

Want to know how to un-spoil your kids?
#FinLit #finances #financialliteracy #Kids https://t.co/xDbu8G21ms

[Basic Money Smarts @basicmoneysmart]

@method_money It was a group gift card to store she likes

[Basic Money Smarts @basicmoneysmart]

Gotta start somewhere...
#finlit #FinancialFreedom #kids #financialeducation https://t.co/zkQ6qW3yX6

[Basic Money Smarts @basicmoneysmart]

Heck ya they should. It affects every day of their lives. #finlit #kids

Should high schools be required to teach financial literacy? https://t.co/BY3zUMhM7i

[Basic Money Smarts @basicmoneysmart]

Saving money on Black Friday by staying home and watching football

[Basic Money Smarts @basicmoneysmart]

Good idea!

[Bill @FamZoo @FamZoo]

Family #FinLit Tip:

Looking for a new gratitude tradition with the family this Thanksgiving guaranteed to generate some laughter?

Try this novel one => https://t.co/sfh4BL2x42

[Basic Money Smarts @basicmoneysmart]

Good tip: parents do need to make sure they go over this with their kids when they get their first debit card.

[Bill @FamZoo @FamZoo]

Family #FinLit Tip of the Day

Have you taught your kids this 3 strikes-you're-out rule with debit cards?

Don't leave your kid stranded.

See here: https://t.co/oO8g4URcSc

[Basic Money Smarts @basicmoneysmart]

Here's my latest post on using the "Savings Jar" Method to help kids learn to save regularly.
#finlit #financialeducation #FinancialLiteracy #kids #money https://t.co/NAwvbUamfo

[Basic Money Smarts @basicmoneysmart]

This is a very interesting idea. I like it!

[Bill @FamZoo @FamZoo]

Family #FinLit Tip of the Day

✔️Spending? Check.

✔️Saving? Check.

✔️Giving? Check.

Emergency? For kids?!?!
✔️✔️✔️HECK YES!!!

Here's why => https://t.co/ao2LxJQ68U