Kids and Money

      Most children think parents have an endless supply of money. When my oldest was around seven, I told him I didn't have money for the toy he wanted he looked at me totally confused and said "but you have all those checks." I realized it's more difficult for children to understand the value of money than it was when I was a child. We learned about money at school and at home. People used the real currency that we held in our hands not piece of paper we wrote the amount on Read more [...]