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Archive for April, 2012

I Need It!

April 26th, 2012

Or is it – I WANT it? For many of us, spending is the fun part of having money. Sometimes we do a good job of making spending decisions and other times, we probably could do better.

Our kids are no different. It’s hard for them to understand what you’re talking about when you start sharing ideas about making decisions. But what they will catch on to is how you make your choices.

So – listen to yourself. How often do you say, “I need this _____” when really you are saying, “I want ________”? All of us have lots of needs and wants. And young kids are apt to think they need everything and want it right now.

Here are a couple simple definitions for needs and wants.

  • Want – something you wish for very much but could live without
  • Need – something you have to have to live every day

Usually kids (and us adults) have more wants than needs. Here are four questions I used with my daughters when they wanted to spend money.

  • Do I really want it?
  • But, do I really need it?
  • Can I get along without it?
  • How can I pay for it?

Try using these questions when you want to spend money. See if you’re spending your hard earned money on needs or wants. Remember, your child will learn the most by simply watching how you spend your money.

How are you teaching your child the difference between needs and wants?

Donna Donald

money, positive parenting

From the comforts of home?

April 19th, 2012

This is an exciting time at Science of Parenting!

We have a question for you! What if we offered you opportunities for additional information on your favorite topics?

Come with me to my brain … envision this…

The kids have settled down and gone to bed. You have your comfy slippers on your feet and your favorite chair is ready!

You grab the computer or whatever technology is closest and join us ‘after hours’ for an online conversation on the monthly Science of Parenting topic.

Recently we tested the idea. “Taming the Tiger Within” was held at 8:30pm on a Tuesday night for about 50 minutes. We shared ideas on how to tame those tantrums and your feet were up on your own recliner! It seemed like there were no bugs hiding out in our system so we are going to offer it again.

Tuesday, May 22nd 8:30pm.

Watch for log on details soon!

Join us and learn how to tame your tiger!  Invite your friends to subscribe to the blog and you can all join us with your slippers on!

What topics would you like to see offered as an evening webinar?

Lori

education, positive parenting, social-emotional, temperament , , ,

Did My Parents Teach Me Right?

April 12th, 2012

I grew up as a Missouri farm kid. There wasn’t much money but lots of chores – both inside and outside the home – and certainly no allowance. I had a piggy bank for small savings. And yes, my dad gave me a dollar for each “A” on a report card.

Did my parents teach me the right things about money? As an adult do I have a healthy relationship with money? Did I teach my daughters what they needed to know about money?

These are pretty weighty questions and ones that can cause a little guilt. So I was excited to hear the experts share the research results and their interpretations. The bad news is that the research isn’t conclusive and the good news is that the research isn’t conclusive. I also heard the experts share differing opinions. Whew – don’t need to feel guilty.

What I did learn is that parents don’t have to try to do everything a particular way. Many everyday mundane tasks involve money. Children learn from how they see their parents handle the family funds.  We are back to that role model concept that keeps coming up on most any topic.

So let me give you some questions to ponder.

  • What are you teaching when you pay for items with a credit card?
  • What are you teaching when you balance a check book or reconcile a bank account online?
  • What are you teaching when you give to your church or a local community project?
  • What are you teaching when you save for a new computer or flat screen TV?
  • What are you teaching when you complain about paying bills?

The list could go on and on. I just wanted to get you thinking about how what you do is always teaching. Anyone want to share a good story about a time when you taught your child a lesson about money by your behavior?

Donna Donald

money , , ,

Mom I Need Some Cash…

April 5th, 2012

Yeah not really a catchy title… pretty boring because we’ve all heard it  (and probably even said it ourselves).

In listening to the podcast there is one thing that really really won’t leave my mind. “Consistency”.

Gosh isn’t that the pits. It’s the same word we use to talk about guidance and discipline with children. Huh… guess that means it’s a pretty important word.

But sometimes isn’t it soooooo hard? I know it is for me!!! Especially when it comes to money. I desperately want to teach my children good money management but making the time and being consistent is where I struggle.

I need your help on ideas on how I can be consistent!!!!  Yes this blog IS all about me!

Lori

education, money, positive parenting , , ,

Episode 14: Kids and Money

April 2nd, 2012

Giving an allowance, paying for chores, offering money as a reward for good grades: Are these successful parenting strategies? How to help children develop a healthy relationship with money is up for discussion in this month’s Science of Parenting podcast from Iowa State University Extension and Outreach.

ISU Extension publications

Related resources

 

podcast, positive parenting, raising teens , , , ,