The next generation of kids will have more financial stress than their parents or grandparents, so it’s important for children to learn the value of a dollar — and parents can instill the best budgeting lessons through a set amount of cash each week.
Experts agree that giving your kids allowance is essential to teaching them about financial responsibility, but instilling proper budgeting in children only works when the parents agree to a specific allowance each week — and a specific set of rules.
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In the wake of a number of suicides across the U.S., a study reveals that cyber bullying is the number one fear that parents have for their children. Do you monitor your kid’s online time, HollyMoms?
As if parents don’t have a enough to worry about when it comes to the safety of their kids — the popularity of cell phones, social networking sites and blogs has caused even more concern. According to a survey conducted by care.com, which offers babysitting and nanny services, one in three adults with kids between the ages of 12 and 17 worry more about online bullying than kidnapping, terrorism, car accidents or suicide. “Mean kids and bullies are not new, but social media networks and cell phones are making bullying more anonymous,” explains care.com’s editor-in-chief Wendy Sachs. “That is a new danger. Parents are genuinely afraid.”