Table of Contents from Allowances, Dollars and Sense Preface to Second Edition Acknowledgements List of Worksheets Introduction The Allowance Contract Tricks or Treats? Laughing All the Way to the Bank Spending the Bigger Bucks The Case of the Broken Window The Gift of Giving The Debit Side of the Coin Building the Money Mountain The … [Read the Rest …]
Book One: Allowances, Dollars and Sense
Here’s a brief excerpt from Chapter One (The Allowance Contract) of Book One (Allowances, Dollars and Sense, 2011 edition) by Paul W. Lermitte: In most cases, parents answer their questions about allowance by drawing on their own experiences. They say: “When I was her age, I got 25 cents a week for allowance, and it was … [Read the Rest …]
by Paul W. Lermitte, Financial Advisor This book will transform the way you educate your children about money. It’s entertaining, and full of great, practical ideas! In this site, you’ll find some excerpts from the book’s informative content, as well as: Advice for parents Tips for kids (Kids’ Zone) Ideas for teens (Teen … [Read the Rest …]
More financial survival tips, especially for teens… like, don’t let your friends soak you for all you’ve got… and more!
In each chapter, I provide several key principles to help you teach and implement each concept. These sub-principles are based on a number of universal principles which you should understand right from the start. These principles are: Universal Principle 1: Talk About It Maintaining an on-going dialogue with your kids is the best way to … [Read the Rest …]
One thing I’ve learned about parents: they can often be very hard on themselves. They worry they’re not doing the right things, that they’re not spending enough time with their kids, that they’re too strict or too lax. No matter what they do, they don’t think it’s enough. Well, if you’re in this camp, I’m … [Read the Rest …]
Helping you avoid dangers and realize opportunities is the purpose behind The Allowances, Dollars and Sense System, described in this post.
On the other hand, there are many opportunities that come from spending time teaching our children healthy attitudes and skills about money management. Here are a few.
There are dangers to not teaching our kids healthy attitudes about money. Here are some of them.