Comments for Teaching Kids Dollars & Sense http://www.activeallowance.com/blog Doing more than just "winging" it Wed, 25 May 2011 20:06:33 +0000 hourly 1 http://wordpress.org/?v=3.1.3 Comment on The Financial Crisis, as Explained to My Fourteen-Year-Old Sister by Geld Schnell http://www.activeallowance.com/blog/the-financial-crisis-as-explained-to-my-fourteen-year-old-sister/123/comment-page-1/#comment-29527 Geld Schnell Wed, 25 May 2011 20:06:33 +0000 http://www.activeallowance.com/blog/?p=123#comment-29527 ~Richard Armour ~Richard Armour

]]> Comment on The Financial Crisis, as Explained to My Fourteen-Year-Old Sister by Dr. Geld Schnell http://www.activeallowance.com/blog/the-financial-crisis-as-explained-to-my-fourteen-year-old-sister/123/comment-page-1/#comment-29526 Dr. Geld Schnell Wed, 25 May 2011 19:44:21 +0000 http://www.activeallowance.com/blog/?p=123#comment-29526 Politicians say they're beefing up our economy. Most don't know beef from pork. ~Harold Lowman Politicians say they’re beefing up our economy. Most don’t know beef from pork. ~Harold Lowman

]]> Comment on Should children be paid to do chores by Bud Hennessy http://www.activeallowance.com/blog/should-children-be-paid-to-do-chores/60/comment-page-1/#comment-29359 Bud Hennessy Sun, 10 Apr 2011 21:05:25 +0000 http://www.activeallowance.com/blog/should-children-be-paid-to-do-chores/60/#comment-29359 This subject of to pay kids for 'chores' or not to is clearly a divided one. However, with the concept in mind that we are supposed to be 'raising adults' that will be independent and productive members of society who will enter the world understanding that in order to be paid, one must work. I think it better to get them started on that path sooner rather than later. I do not see the value of 'giving' children an allowance with no expectation of something in return. To me this sets up an unrealistic expectation that in their adult lives that perhaps someone will 'give' them money just for existing... In other words they receive the message that that are entitled to be given money for nothing. In the U.S. this system is called 'welfare'. I'm sure the same system exists in other countries under different names. Why would you want to teach children that money is given with no expectation of work? I suppose that I agree with the concept that perhaps some 'chores' should not be 'paid' for and should be expected to be done as a responsibility of being a member of a household. The trick to me seems to be in somehow separating these household member responsibility 'chores' from "work" for which they receive payment. Perhaps the word "allowance" in and of itself is part of the problem... Call it semantics, but to me the word "allowance" brings to mind an entitelement of getting something for nothing. I tend to believe more in Suzy Orman's concept of "work pay". This sends the message that in order to receive money one must be prepared to work for it. This subject of to pay kids for ‘chores’ or not to is clearly a divided one. However, with the concept in mind that we are supposed to be ‘raising adults’ that will be independent and productive members of society who will enter the world understanding that in order to be paid, one must work. I think it better to get them started on that path sooner rather than later. I do not see the value of ‘giving’ children an allowance with no expectation of something in return. To me this sets up an unrealistic expectation that in their adult lives that perhaps someone will ‘give’ them money just for existing… In other words they receive the message that that are entitled to be given money for nothing. In the U.S. this system is called ‘welfare’. I’m sure the same system exists in other countries under different names. Why would you want to teach children that money is given with no expectation of work? I suppose that I agree with the concept that perhaps some ‘chores’ should not be ‘paid’ for and should be expected to be done as a responsibility of being a member of a household. The trick to me seems to be in somehow separating these household member responsibility ‘chores’ from “work” for which they receive payment. Perhaps the word “allowance” in and of itself is part of the problem… Call it semantics, but to me the word “allowance” brings to mind an entitelement of getting something for nothing. I tend to believe more in Suzy Orman’s concept of “work pay”. This sends the message that in order to receive money one must be prepared to work for it.

]]> Comment on Chore Tips by Ron J http://www.activeallowance.com/blog/chore-tips/67/comment-page-1/#comment-18773 Ron J Wed, 10 Nov 2010 10:43:04 +0000 http://www.activeallowance.com/blog/chore-tips/67/#comment-18773 I taught myself, but created an application just to track my daughter's chore allowance. It has a check book feature in order to teach kids to balance a checkbook, in addition to their chores. If you have an iPad come check out http://itunes.apple.com/us/app/ichores/id398902259?mt=8 I taught myself, but created an application just to track my daughter’s chore allowance. It has a check book feature in order to teach kids to balance a checkbook, in addition to their chores. If you have an iPad come check out http://itunes.apple.com/us/app/ichores/id398902259?mt=8

]]> Comment on More about using Active Allowance in school by benned hedegaard http://www.activeallowance.com/blog/more-about-using-active-allowance-in-school/196/comment-page-1/#comment-15884 benned hedegaard Tue, 28 Sep 2010 00:14:13 +0000 http://www.activeallowance.com/blog/?p=196#comment-15884 i was in mr. gasteazoros class 2009- 2010. he was my favorite teacher ever and the GasteaStore-o was totally awesome i was in mr. gasteazoros class 2009- 2010. he was my favorite teacher ever and the GasteaStore-o was totally awesome

]]> Comment on Generation Broke by Prakash Dheeriya, PhD http://www.activeallowance.com/blog/generation-broke/284/comment-page-1/#comment-12984 Prakash Dheeriya, PhD Wed, 28 Jul 2010 21:57:00 +0000 http://www.activeallowance.com/blog/?p=284#comment-12984 It is nice that Neale is talking about debt, budgeting and that money does not grow on trees. I believe it is important to (a) start with elementary age school children and teach them about basic financial concepts (b)cover today's problems such as inflation, deflation, and the relationship between risk and return, and identity theft. Again, I am referring to teaching these concepts to elementary age school children. I know it can be done, as I have done that through my 20-volume series "Finance for Kidz." Thanks Prakash Dheeriya, PhD Father, Author & Professor of Finance finance4kidz dot com It is nice that Neale is talking about debt, budgeting and that money does not grow on trees. I believe it is important to (a) start with elementary age school children and teach them about basic financial concepts (b)cover today’s problems such as inflation, deflation, and the relationship between risk and return, and identity theft. Again, I am referring to teaching these concepts to elementary age school children. I know it can be done, as I have done that through my 20-volume series “Finance for Kidz.”

Thanks
Prakash Dheeriya, PhD
Father, Author & Professor of Finance
finance4kidz dot com

]]> Comment on Basketball Hero by Wintersnowman15 http://www.activeallowance.com/blog/basketball-hero/187/comment-page-1/#comment-9767 Wintersnowman15 Tue, 16 Mar 2010 17:22:33 +0000 http://www.activeallowance.com/blog/?p=187#comment-9767 Yes, That one surprised me. That was beautiful. I should have had my kleenex ready. Yes, That one surprised me. That was beautiful. I should have had my kleenex ready.

]]> Comment on The Financial Crisis, as Explained to My Fourteen-Year-Old Sister by JENNIFER http://www.activeallowance.com/blog/the-financial-crisis-as-explained-to-my-fourteen-year-old-sister/123/comment-page-1/#comment-3015 JENNIFER Mon, 04 May 2009 03:36:28 +0000 http://www.activeallowance.com/blog/?p=123#comment-3015 This is a great story. Thanks! This is a great story. Thanks!

]]> Comment on Off Topic – Energy from Water by Harvey http://www.activeallowance.com/blog/off-topic-energy-from-water/35/comment-page-1/#comment-2891 Harvey Thu, 09 Apr 2009 03:14:28 +0000 http://www.activeallowance.com/blog/off-topic-energy-from-water/35/#comment-2891 Hi Sarah Yes, we answer comments when appropriate. Sometimes, comments are there to make a statement and aren't looking for responses so we let those speak for themselves. Re spam, we use the Akismet plug-in for Wordpress. It's incredibly effective. And when something does get by, we quickly mark the comment as spam so Akismet adds it to its database (to help other bloggers) and the comment gets removed from our blog. Hi Sarah

Yes, we answer comments when appropriate. Sometimes, comments are there to make a statement and aren’t looking for responses so we let those speak for themselves.

Re spam, we use the Akismet plug-in for WordPress. It’s incredibly effective. And when something does get by, we quickly mark the comment as spam so Akismet adds it to its database (to help other bloggers) and the comment gets removed from our blog.

]]> Comment on Should children be paid to do chores by derrick http://www.activeallowance.com/blog/should-children-be-paid-to-do-chores/60/comment-page-1/#comment-2676 derrick Thu, 22 Jan 2009 19:03:26 +0000 http://www.activeallowance.com/blog/should-children-be-paid-to-do-chores/60/#comment-2676 should kids be required to do chores should kids be required to do chores

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