Financial Helicopter Parenting – What Works

Posted by & filed under Children & Education, Families, Parents, Teens.

Helicopter parent Mom high fives son while studying in library

Two articles recently ran in The Washington Post about helicopter parenting. The first, Park The Helicopter, Parents, discussed how and why parents should step back from this style of parenting, empowering kids to become their own advocates. The second, The Parent Trap, exposed how helicopter parenting leads to academic and income inequalities, where kids with… Read more »

Parental Peer Pressure

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Mother urging child to complete race is an example of the competitiveness of parental peer pressure and c

50 wealthy parents were recently charged in a high-profile college admissions scandal. Allegedly, they used bribes, falsified admission scores, and faked athletic prowess to get their kids into elite colleges. Parental peer pressure is real. It arises in a multiplicity of parenting situations, not just college placement. The wealthier you are, the more you may… Read more »

Inspiring Self-Esteem For Teens

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The teenage years are filled with new life experiences. Fostering healthy self-esteem in your teen empowers them to face these new experiences with confidence and resilience. It also helps them to establish responsible patterns of behavior and decision-making that will support their personal wellbeing, professional careers, relationships, and more. Your parenting decisions, including those related… Read more »

Giving Your Kids An Allowance

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You can’t expect your kids to develop sensible saving and spending habits without having money to learn with. That’s why giving your kids an allowance is an important part of their financial education. At its core, giving your kids an allowance teaches them how to accumulate money and how to use it wisely. It’s the… Read more »

A Step-By-Step Guide To Financial Literacy For Kids 

Posted by & filed under Children & Education, Families, Parents, Teens.

Recent studies show that only 24% of Millennials demonstrate basic financial literacy skills[1]. If your financial and personal aspirations for your kids aim higher than this, it’s time to begin focusing on financial literacy and teaching your kids about money. There’s a lot to learn before entering the real world, including spending, savings, banking, earning,… Read more »