5 Tips for Raising Money-Smart Kids

A guest post by Karl Wittgenstein

If parents ask who you want to see your child in the future – rich or poor – the majority, of course, respond that they want to see their son-daughter affluent and career perspective. But you need to understand: a financial genius does not wake up by itself in the child – it is important to lay the foundation in early childhood.

So, today we will talk about proper financial education of children.

Tip 1. It would be the best option to instill a financial culture in children by your personal example, experienced parents note. A talk or deliberately simulated situations have much less influence than the behavior of parents and others. If the child is taught to save money with words, but he sees the parents who splash them out, it is unlikely that the child will listen to the words. In this case, actions will be much more influential. Therefore, it is desirable for the parents to understand whom they want to bring up: an altruist, ready to share the “last shirt”, or an economical person. Then you can develop a strategy for training such a person.

It’s better not to speak about the money, but it is necessary to teach the value of things in the first years of child’s life. We need to educate the careful attitude to things, even toys, and explain: this thing is expensive, it is necessary to treat it gently and carefully and put them in place because if the thing breaks, parents will not be able to buy the same. Parents should understand that they do not need to react like “It’s okay” when something is broken deliberately or because the child is too unmindful. This lays the improper attitude toward money in the future and one day your child will not only splash out the whole month-budget but impudently ask you “write my essay”.

Tip 2. With the three or four years old child it is already possible to explain what money is. It is necessary to show the child coins and banknotes and explain the difference between them, for example,you can explain why the banknote is more valuable than coins (although there is only a piece of paper alone, and there may be lots of coins). When your child is five or six years old, according to the psychologist, it is advisable to explain to children where the money comes from. In this case, there will be an occasion to talk about the professions, it is important to explain to the child that the money does not appear from anywhere. Explain that you earn them by working hard. Then if it is possible, show what you do all the day round when you are at work. This approach triggers respect for parents.

Tip 3. Play role games

The Proper attitude towards money is better formed in the form of a game, according to the parents: the nature of finance is complicated, so it is desirable to make the whole process both entertaining, informative, and understandable. You can imagine that you are in the hospital, at a hairdresser, in the shop, train or even play the traditional” Monopoly “- imitate real situations where you can use the money. These games are useful because they can be played with the whole family, and you will be able to monitor the behavior and emotions of the child and if.. your child has committed financial errors you can suggest how to fix them”.You can make fake money by yourself or with a child: cut paper and paint – it is, in particular, develops fine motor skills.

Tip 4.Cash. How much and how often should we give our children pocket money – a topic for another conversation. According to parents, allocating small amounts of money should be when a child has learned to read and write. It is important to establish clear rules of financial relationships within the family. Pocket money for children — is a salary for them, so appoint this salary once a week , because they still do not know how to plan the expenses and all the monthly budget can be immediately spent on candies and other things. In fact, the child.. can be given the freedom of choice in the purchases, but it is desirable to restrict purchases of unhealthy sodas and chips. It is useful to give a piece of paper with a table on it, where it is necessary to fill in the column “balance at beginning of the period”, column “income” (ie money that can be made by cleaning house or helping grandparents etc), column “expenses” (where the child writes down all your expenses for a week + in total) and the column “ending balance”. As long as parents do not get this report from the child, a new piece of pocket money is not issued.

As for the size of the amounts for pocket costs, psychologists recommend allocating money for specific purposes – transportation, lunch in the dining room or on the cinema, for example. “But if the child says he needs more money, ask him to sign the budget and justify why he needs the increased amount.

Tip 5. Family saving

Many parents do not like to go with the kids to the store because the smallest one will need to buy all the sweets and toys there. Experts advise not to be afraid to reply “no”, but always explain the reason for the refusal.

If your income does not allow to buy an expensive toy, then talk about it directly. It is better to say that the entire income is spent not solely on toys but on utilities, food, and travel. But you can postpone the purchase, for example, each month put aside 1/3 the cost of the toy and you will be able to buy it, but it is important to keep the promise if you do not want to lose the trust of a child.

Children given the chance to try a new activity free for a year

Children across the UK from all walks of life, are being given an equal opportunity to take part in a quality-checked activity free of charge for a year via Sponsored Child 2016, a charitable initiative created by KalliKids.com.

Designed to encourage children of all ages on the importance of developing personal interests and engaging in new activities, the annual sponsorship scheme gives youngsters the chance to try new things and learn new skills in anything from swimming and playing the piano, to dance, tennis, mathematics and much more.

Ambassador and former British number one national tennis champion, Julie Pullin, is also supporting the initiative, “All children regardless of circumstance, economic or social status deserve the opportunity to learn new skills. Tennis gave me all sorts of skills from confidence and social skills to wanting to succeed, dealing with adversity, being respectful to others, conflict resolution, positivity and tenacity, as well as some amazing experiences”, she said.

Triumph over tragedy for Sponsored Child Sophie…

In 2015, 25-year-old Kayleigh Osborne applied for a place with Sponsored Child for her 4-week-old daughter, Sophie, to be sponsored with swim school, after her husband, Dan, was tragically killed in a car accident shortly after their baby was born.

Kayleigh said: “I saw Puddle Ducks swimming club had a taster trial which I went to and loved, but couldn’t afford to commit to the lessons. Someone suggested I apply for a place through the KalliKids Sponsored Child scheme. It went from there. It was an amazing opportunity for me and I was so pleased she was picked.

“Sophie started learning to swim in April 2015. As well as it being an invaluable skill, it has helped me to overcome hurdles and has been essential in helping us to bond. In the water she relies on me solely. It gives us time to be together, focused on something positive and not our grief.  Now I wouldn’t be without Sophie for anything.”

Karen Bach, founder of KalliKids.com spoke about the scheme, “Since we launched the scheme two years ago we’ve helped so many children across the country like Sophie, to try out fun, new activities that will aid their physical and social development and help them to build greater confidence as they grow.  I would urge parents to take a look at the many sponsorships on offer, it is free and easy to apply online and if successful, free to take part.”

The scheme is open to all children across the UK and selected children are motivated and enthusiastic with a positive attitude towards learning and are able to commit to attending the full 12-month activity schedule.

Applications are open now, to enter go to: www.kallikids.com for more information.

KalliKids is the trusted online resource that currently connects over 90,000 parents with quality-checked, children’s activities and services across the UK. Membership is free; users can simply search for activities of interest in their local area to discover a selection of accredited children’s activities and services, all checked upfront and with ratings and reviews from like-minded parents. Parents can join to save money, become part of a wider family-oriented community and share their opinions and recommendations across one, easy to use website.

The Story of the LEGO Brick

This is guest post by Alex Johnson

LEGO Company is on the mission of ‘inspiring the builders of tomorrow’, while many dream to work for their offices full of slides and wonder.

The LEGO Company are no strangers to allowing people to see what goes on inside their organisation. With the hit LEGO movie released in February 2014 and their new ‘Brickumentry’, the LEGO group are bigger than ever. While their gender neutral playsets has been developing since 1974, LEGO has reached a peak of their gender neutrality with their new playsets of female scientists.

Most recently they allowed Channel 4 into their head offices and factories in Denmark in a documentary called ‘The Secret World of Lego’, a programme that showed millions of viewers how the LEGO brick has changed the lives of many children and adults.


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6 Reasons Why You Should Get Started on Your Dream House Today!

It is good to have dreams, but at some point you have to take steps to make your dreams come true. Whether it is a big home on a large plot of land, a flat in the middle of London, or a modest cabin on the edge of a nature reserve, now is the time to find your dream home. If you have been dreaming about the home of your future, why not take steps to make your dream a reality?
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1. If you don’t start now, you might never start.         

Sure, it’s easier to sit back and be content with what you have. Maybe you are renting and you are simply complacent, paying the mortgage off for your landlord. The time to start reaching for your dream home is now. You will never be any younger or more motivated than you are today to start the process of getting into your dream home. Start investing in your own future by finding a property you love and making it your own.

2. Mortgage rates are at an all time low.    

Mortgage rates are incredibly low throughout the world and in Australia, rates are as low as 2%. With the expectation that home prices will remain stable and economic growth will occur in 2014, Australia is a great place to find your dream home and make your dreams come true. With the help of 1300 Home Loan you can own the home of you have always wanted. The only place for mortgage rates to go is up and as rates go up, home affordability goes down.

3. It is still a strong buyer’s market.            

Prices are stable throughout the world and buyer’s still have an advantage just about anywhere over home sellers. The markets have enough supply unless you are looking in a city such as London, and with lower mortgage rates homebuyers can purchase homes that were once considered above their means.

4. Foreclosures are still going strong.

Homeowners are still trying to get out of bad mortgages and are unable to keep their large homes. You will be able to get a better home for your money, but not for long. The rate of foreclosures is expected to decrease as the market continues to stabilize and the economy remains in a pattern of growth.

5. Confidence in continued economic growth is high.

No matter how you look at it, economic growth is happening and is expected to continue. We’ve all been living in a period of economic decline for years and the economy is taking a turn for the better. Home prices are low and only expected to rise. Job security is strengthening for employed workers and most experts agree that now is the time to buy for the best return in your investment over the years.

6. DIY Home Restoration and Interior Design Is Easier Than Ever

Whether you are tuned into HGTV or regularly check websites like Fine Home Building, the knowledge is out there on how to do redesign projects and make the changes you want for your dream home. It will save you money, so if you’re holding back because of a few thousand dollars, you can make up the money when it comes to the design aspect of your home.

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My personal circumstances have changed dramatically recently – more on this later! – so this is particularly relevant to me at the moment.

Written in collaboration with David Taylor, a finance writer from Leeds, England, who also spends time in Melbourne, Australia.

Top Tips for Travelling in London with a Baby

This is a guest post in collaboration with Kira Browdy

It wouldn’t be surprising if, despite having a hankering for visiting the Big Smoke, you decide to put it off for a while if you have a baby. The sheer thought of travelling to the city with a pushchair and a young baby is enough to drive you to despair, never mind navigating the Tube and pushing a buggy around the crammed-to-bursting roads. However, it needn’t be so daunting. If you fancied staying overnight (after all, there’s far too much to do for one day, and an overnight stay will undoubtedly reduce the stress levels a little), staying at Travelodge can provide you with a pleasant stay, while the family size rooms will ensure that you and your baby have plenty of room in which to relax. As for the other aspects of your stay, here are some great tips to guarantee that you’ll leave the city having had a great time, with your sanity still intact.
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Blog Showcase: The Dad Network

Dad Blogs

They’re great. I’m all for them, & I’d like to see more of them. 

Although still a minority in the big bad world of parenting blogs there are still quite a few of them.

Why so few? Well, that’s another story, for another post, at another time. This introduction has been kicking & screaming to be made into a post about gender roles in the workplace & at home but I’ve managed to keep it down. For now!

Some of these Dad blogs are just brilliant: great publications by any standards, & I’m planning to feature them more here in the near future.  
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Far-Out Bowling Bag Designs to Help You Stand Out

This is a sponsored guest post by Michelle from bowlingshoes.com & bowlingbags.com. As you can see she knows a lot about bowling & associated bowling accessories! Whether or not you bowl regularly  – or if you’re like me ‘when you can’ – it’s a great article & fun to read.

A bowling ball can be something unique and original. Many people who take bowling very seriously have custom-made balls which feature a design that expresses their individuality and personality. However, nobody says you have to stop there. You can go further by using bowling ball bags that feature the same kind of crazy, wacky or simply funny design. Here are a few ideas.

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The Mercedes CLA: A Daddy Vehicle with Style

This is a guest post written especially for “Whiskey For Aftershave”  by auto expert David Newman.  You can read more about him below.

Remember your very first car? Remember how you felt about it and loved the fact that it was yours?

Things sure change when you are a dad. Now, buying a car isn’t so much about what you want, but what will work with a young family. You need to strike that balance between practicality and your desire for that stylish, good looking, sexy, high performance, eye-catching vehicle. There may only be one letter difference in the two words, but after all, being dad is not being dead.
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Last of the Summer Berries: Yummy Child Friendly Recipes

For a parenting blog there’s been a bit of an absence here of posts about cooking & food, something which I’ve often regretted.

Food is such an important part of raising healthy children, but – at present anyway – I’m not much of a cook. In the demarcation of roles here that’s the Mummy’s area of expertise, & she does a great job of it.

That is why I’m really pleased to be able to at last present a really good cooking post. It’s not written by me, you may not be surprised to hear, but was written for this blog by Layla Grant. You can read more about her at the end.

So, without further ado, here’s Layla:

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A School Uniform Guide

I’m very excited today to be able to present my first guest editorial:

Believe it or not, it’s already August and that means the school year will be gearing up soon for your children!

If you’re a parent whose children have been to school for a couple of years already then you are probably familiar with the routine by now: school supplies, school uniforms, working up a schedule, and getting in sync with the return to school. But if your child is about to start school for the first time this September then there will be a few things that you’ll have to get used to!

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A lot of your school shopping and preparation will come pretty naturally. If you head to Staples, for example, for school supplies your options will be pretty clear: you’ll need pencils, pens, folders, paper, notebooks, etc. This depends of course on your child’s age: for young children, like ours, many of these supplies are already there at the school, & very good they are too!

Where things can get tricky the first time around are with the school uniforms.

On the one hand, shopping for school uniforms has been made relatively easy for parents, in that standard uniform attire is available at Marks and Spencer. On the other hand, when you’re essentially piecing together a brand new wardrobe of pre-approved clothing for your child, it can be easy to forget a few things! So here’s a quick guide for what you’ll need for your child’s school uniform.

  • Shorts & Skirts – Generally, you can purchase multi-packs of standard coloured shorts and skirts, but you may also be able to give your child options depending on school requirements. Cargo shorts and shorts and skirts with pleats can offer some variety.
  • Shirts – A few cotton polos and a few long-sleeved cotton button down shirts should do the trick, in standard colours. Of course, there are specific polo styles for girls and boys. Do yourself a favour as a mum and go for the non-iron fabrics!
  • Trousers – Generally there are a few different fit and fabric options, so determine what’s most comfortable for your son or daughter.
  • Jumpers – Outerwear tends to involve more colour options, so let your child pick a few favourites. A sleeveless sweater for a boy, or tasteful cardigan for a girl can also be appropriate.
  • Athletic Clothing – Standard athletic shirts and shorts are generally included in uniform collections, and be sure to buy some comfortable trainers for your child’s athletic activity as well.
  • Pinafores – For your little girl, a few pinafores can also offer some outfit variety. These too come in various styles to give your child a bit of style flexibility.
  • Blazers – Generally, blazers are options for older children, but at certain schools a blazer might not be a bad idea for your little one.

Of course, other clothing items like socks, underwear, etc. will also be necessary. But as far as standard uniform items, the above listed types of clothing should serve as an adequate guide!

There seems to be a lot more to this ‘going to school’ business that you’d think: I hope this helps!

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