We all know that even the most basic road trips and camping excursions can start to add up, but there are lots of ways to give your kids a summer to remember without overspending. Here are six of my favourite family-friendly and frugal activity tips that will keep your family smiling this summer
You can’t put a price on healthy, active kids – but coping with the costs of competitive sports is a challenge for many Canadian families. Not only are parents shelling out thousands for gear, registration and travel, but those who take time off to support their kid’s sport may be missing out on income as well.
It is ever a good idea to hand your kids the plastic? Will giving them access to credit at an early age help teach financial responsibility – or will it end in a mountain of debt? Learn how to walk kids through the life lessons of credit and ensure they’ll grow up to be financially responsible adults.
As wonderful as parenthood is, there are two undeniable realities associated with it…for one it’s expensive, and secondly it can be exhausting. So, while you may desperately need a little (or a LOT) of R&R, you may not be able to afford it. Or at least not the luxury getaways you had prior to having kids. So, here, I’ve compiled a list of four great (and cheap) ideas for vacations for families with young kids, like mine.
It doesn’t take kids long to recognize the power of plastic. My oldest daughter is barely six, but if my wife or I try to use the “I have no money…” line to get out of buying another toy or treat, she’s likely to say, “Well, use your credit card.” The point being, she gets how to use them, she just doesn’t really understand how they work. Should you give your kids a credit card? And, if so, when?
Financial planning is something many adults struggle with. How is a kid who’s still in kindergarten supposed to understand where money comes from and where it all goes? Well, if you start early enough, you can teach your kids how to manage their money properly, long before they get themselves into real financial trouble as adults.