Tag Archive: learning about Money

  1. Book Signing: September 20,2014 at the Junque Jamboree

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    bagOn September 20, 2014, come and say hello to Wendy and get your copy of MoneyBags: A Guide to Teaching Your Kids About Money autographed at the Johnson County Junque Jamboree!   Wendy and team will be on-hand from 12 pm until 2 pm at the Ned Shed Tent during the jamboree to discuss our favorite subject of teaching money.   Come and share your favorite MoneyBags Moment with the team!

    The Johnson County Junque Jamboree begins at 7 am in the Vienna public square.  Join more than 140 vendors that will be set up around the square, selling antiques, crafts, repurposed items, jewelry and more during the day-long event.  For specific information about the Junque Jamboree, call Gary Hacker at 618-771-6877.

  2. Book Signing: Southern Illinois Women’s Health Conference

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    MoneyBags: A Guide to Teaching Kids About MoneyJoin Wendy on September 20, 2014, for a MoneyBags book signing event sponsored by John Forbes of Forbes Financial Group. Wendy will be signing copies of MoneyBags: A Guide to Teaching Your Kids About Money from 7:30 to 8:15 am at the Southern Illinois Women’s Health Conference on the John A. Logan College campus in Carterville, Illinois.

     

    For more information about the Women’s Health Conference or to register for the event, please visit www.w4hw.com.

    Forbes Financial Group LogoFor information on Forbes Financial Group , please visit www.ForbesFinancialOnline.com.

  3. Tetherball of Success – A New MoneyBags Moment

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    Family Savings JarAs I write this  I have a HUGE smile on my face.  I am sitting on the porch listening to my neighbors (both parents and kids) laughing as they play with the new tetherball in their backyard. This tetherball is very special, since they told me that they bought it with their Family Saving Jar money (Chapter 2)! Woohoo! Way to save that change and create a MoneyBags Moment!

  4. The Cost of Clutter and Explaining it to your Kids

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    Money Manifesters!!!

    Today I was reading a great article by Amanda Enayati titled “Why Clutter Matters and De-cluttering is Difficult.”  In the article, she states that clutter is expensive and costs an average of $10 per square foot just to store items.  Approximately 10% of the population spends $1,000 a year on storage units.  Of the people that have two car garages, 25% are too full for the owners to their park cars!    Sadly, 23% of people pay bills late and incur fees due to misplaced/lost statements.  Overall, an average American spends a year of their life looking for misplaced items.  Explain the cost of clutter to your kids.

    As a fun exercise, go a step further with your kids and talk about all the “stuff” in your garage/basement.  Ask them to think about how much you paid for all that “stuff!”  Make a game of it.  Pick out 10-30 items and have everyone write on a sheet of paper, what they think was spent on all of the items in total.  Then make the game into a scavenger hunt.  Have your kids make a list of all the “stuff” in your garage/basement (the items that you have picked out).  (Note:  Each kid can have the same lists or you can have them look for separate items.)   Then go to the store(s) and have the kids locate and write down the price of the different items.  For example, maybe your list has four lawn chairs, two bikes, grill, lighter fluid, coals, five gallons of paint, potting soil, 25 planting pots, lawn mower,  etc.  After your trip, have your kids total up their lists and see who was closest to the total guess that was written on the paper.  Ask them what they learned like this.  Were they surprised at the cost of all the stuff?  How much would you have to pay in taxes?  Calculate tax of 5%, 8%, and 10%.  How often is the stuffed used?  Is the “stuff” in good shape or has it been damaged or neglected? How many weeks would it take your kids to save their full allowance to pay for all that “stuff” (including taxes 10%)?  How would it feel to have the money spent on all the “stuff” inside their MoneyBag instead?

    Here is to filling your MoneyBag!

    Wendy