Parenting tips to teach kids financial literacy and to be smart spenders and consumers during the holidays Well folks, it appears that the “official” holiday shopping mania has begun. Those penny saver adds are life-size. TV commercials promising “sales of all sales” are non-stop. Black Friday sales hit a record high this week.  You and [...]

How to use shopping outings to teach kids money management, financial literacy and sticking to a budget while curbing kid bickering and begging. REALITY CHECK: A study by researchers at the University of Vienna, Austria found that the influence children wield over their parent’s purchase decisions in stores are grossly underestimated. In fact, twice as [...]

Parenting advice that I shared this week on the TODAY show  to help kids become smarter spenders, stick to a budget, and learn the value of a dollar Do you sometimes feel like your kid’s ATM machine? Do you worry you may be giving your kid an allowance when he’s forty-five? Does your child spend [...]

By Michele Borba REALITY CHECK: The National Retail Federation predicts that 85 percent of shoppers will reduce spending–a decline of about 8 percent from last year.[i] In just a few weeks those school doors will open which means it’s once again it’s time to shop for school supplies. Shopping will be especially tough this year [...]