Jennie Eberts Coaching LLC’s Post

If you have a 529 plan set up for your child, most 529 plans have made it easy for friends and family to make a gift.   So, when the holidays or birthdays roll around, you can ask Grandma to make a gift for their FUTURE instead of buying more toys that they will forget about tomorrow!   Each plan is different, but most have a way to share a gift code for contributing online or by check or a link or QR code to share.   #collegefunding #educationfunding #savingforthefuture #moneybossmom Aspyre Wealth Partners® my529

Your six-year-old sees a sparkly pen. They ask you a question.  You decide whether you have enough money for a sparkly pen. You decide whether the sparkly pen is good value for money. You decide whether your child needs (another) sparkly pen. Sometimes, they get a sparkly pen.    Can you change the sparkly pen moment to help your child develop the habit of saving? Yes! We’ve realised that almost all parents (regardless of income) spend money on 'non-essential things' for their child.  If you spend £3.60 on sparkly pens every month… Why not delegate sparkly-pen-buying to your child… Give them  90p a week as pocket money! ·     They’ll be shocked if you say that you won’t be buying Sparkly Pens anymore ·     They’ll be excited if you say they are in charge of the Buying of Sparkly Pens ·     They’ll love knowing that they will get 90p every week Now, when your child sees a sparkly pen, they can decide for themselves whether they need a sparkly pen and whether they have enough money to buy a sparkly pen.    What does your child learn when they are in charge of buying the sparkly pens? ---------------------------------------------------------------------- We are PiggE! Our free app helps 3-7 year olds grow up to be wealthy (by building the habit of saving). We post for parents (not 7 year olds) every weekday at lunchtime GMT. Eat your lunch and read our posts! #finances #personalfinance #money #financialwellbeing #financialwellness #financialindependence #financialfreedom #piggeapp #lunch

Looking for the perfect gift to spark your child’s interest in money and investing this holiday season? Check out these fun and educational ideas that will not only bring joy but also teach valuable life skills!  🎁 1. Growing the Money Tree This engaging book is a must-have for kids! It simplifies investing and money concepts, sparking meaningful conversations between parents and children about financial literacy.  GET NOW: https://lnkd.in/gevifP6T  🎁 2. Piggy Banks with a Twist Opt for a three-slot piggy bank labeled Save, Spend, and Share. It’s a simple way to teach kids how to budget and prioritize their money.  🎁 3. Financial Board Games Games like Monopoly, Payday, or The Allowance Game are fun ways to introduce money concepts while creating family bonding moments.  🎁 4. DIY Money-Making Kits Encourage entrepreneurial skills with a lemonade stand kit or craft-making supplies to sell their creations.  🎁 6. Journals for Financial Goals  Gift a journal where kids can jot down their savings goals, track allowances, and reflect on what they’ve learned about money.  🎁 7. Share the Gift of Stocks Buy fractional shares of their favorite companies. It’s a tangible way to show them how investing works while growing their curiosity about the stock market.  ✨ These thoughtful presents are more than just toys—they’re tools that empower kids to think critically about money, develop smart habits, and prepare for a financially secure future.  🎄 Which gift would you choose for the money-smart kids in your life? Let us know! #growingthemoneytree #moneyforkids #financialadvice #financesforkids #teachkidsmoney #financialliteracyforkids #moneylessons #financialplanning #financetips #christmas #christmasgift #holidayseason

Do you remember how you earned and saved money as a kid? Hazy images of lemonade stands, bake sales, and chipped glass piggy banks likely come to mind. But there is another money-making avenue for your kids that’s worth exploring: a Roth IRA. While Roth IRAs aren’t typically first on the list for child savings vehicles, they should be. Roth IRAs offer immense flexibility and a lifetime of growth and compounding potential. So, how do you open a Roth IRA for your kids? Read this. https://lnkd.in/gh67jhrY

It’s never too early to start teaching your kids about money. When I was growing up, I was taught the very minimal basics, but I really learned through life experiences. It’s crucial that we start teaching our kids the value of money so healthy habits can begin. Money habits are learned early on – as early as the age of 3! Children observe their parents’ financial behaviors, such as spending, saving, and investing, which shapes their own attitudes toward money. In our household, we try to teach some basic money management techniques through education. For example, our kids are always very blessed to receive a good amount of money and gift cards for birthdays and holidays. Instead of letting them spend the money all at once at the store, we let them pick out one toy with the money and then we save the rest. We put some away in their piggy bank if it’s cash and then if it’s gift cards, we will let them pick a different toy at different times throughout our visits to the store. Teaching them a simple tactic of not spending all the money in one spot at one place, teaches them early on that they don’t have to spend all the money right away. While it’s something small, it’s more impactful than you would think. It’s just doing simple things like this regarding money that truly shapes them and gets them thinking about the value of money at a young age. Whether you have little kids like me or bigger kids, there are so many different ways we can educate them on money. Understanding and learning about financial literacy is so important! Do you have a trick or tactic on how you teach your kids about money? I would love to hear it! Please feel free to send me a private message! Do you need help or want some advice on how to build healthy money habits? Reach out, and I would love to help you! https://lnkd.in/eW-xxC-M #perfectcents #personalfinance #financialcoach #moneycoach #financecoach #personalfinances #finances #budgeting #moneygoals #financialwellness #financialfreedom #financialwellnesscoach #moneymindset #financialliteracy #financialeduation

One of the common complaints from children and youth about money is... ...that their parents often forget to give them their allowance 💵 . We’re all busy, and things can slip through the cracks. 💡 Here is the solution: Set it and forget it. 1. If your children already have their first bank account, set up automatic preauthorized transfers from your account to your child’s account. 2. If they are given allowance in cash, set a reminder on your phone or computer for it. 3. Tip: Align the date of giving the allowance with your paydays to ensure you have funds available in your account. BONUS TIP: Use the exact same steps to start saving - set up transfers from your checking to savings account aligned with your paydays, and soon you will have a cash cushion 💰 to rely on. _ _ _ _ _ _ _ _ _ Repost ♻ to help your friends and family. For more content like this, follow us! To learn more about our life skills programs for children and youth, visit: www.trulywealthykids.com To register your children for our signature Truly Wealthy Kids Club™, visit: https://lnkd.in/gDzJAcmy _ _ _ _ _ _ _ _ _ #parentingtips #financialliteracy #kidsandmoney #raisingindependentkids #positiveparenting #kidslifeskills #smartparenting #FamilyValues #smartmoneyhabits #PayYourselfFirst #moneymanagement #financialindependence #savingtips #raisingmoneysmartkids #financialeducation #lifeskillsforkids #moneyskills

👨👩👧👦 How much allowance should you give your child in college? Should you provide them with a credit card? How do you make sure they learn how to budget? I often get asked these questions by parents and grandparents with children in college. Here’s a list of steps you can take for your student. 1️⃣ If you haven’t already done so, you might want to set up a separate bank account for them and link it to your own. You can show them how to use the app to monitor balances and transfer between savings and checking. 2️⃣ Consider providing them with a debit card and a credit card in their name, thereby giving them the responsibility of managing expenses while also building a credit history. 3️⃣ Show them how to monitor their balances and transfer money from checking to pay off their credit card. 4️⃣ Consider making them an authorized user on one of your credit cards (for emergencies only!). 5️⃣ Help them set up their own mobile payment accounts, such as Venmo. 6️⃣ Encourage them to update their passwords on their most-used accounts. 7️⃣ If you are preparing to help with costs, consider scheduling an automatic allowance deposit every other week to mimic the typical bi-weekly payroll process Remember, preparing your children for financial independence is one of the greatest gifts you can give them. 🎁 Share this post if you found these ideas useful! 💡 #ParentingTips #CollegeFinance #FinancialLiteracy

👨👩👧👦 How much allowance should you give your child in college? Should you provide them with a credit card? How do you make sure they learn how to budget? I often get asked these questions by parents and grandparents with children in college. Here’s a list of steps you can take for your student. 1️⃣ If you haven’t already done so, you might want to set up a separate bank account for them and link it to your own. You can show them how to use the app to monitor balances and transfer between savings and checking. 2️⃣ Consider providing them with a debit card and a credit card in their name, thereby giving them the responsibility of managing expenses while also building a credit history. 3️⃣ Show them how to monitor their balances and transfer money from checking to pay off their credit card. 4️⃣ Consider making them an authorized user on one of your credit cards (for emergencies only!). 5️⃣ Help them set up their own mobile payment accounts, such as Venmo. 6️⃣ Encourage them to update their passwords on their most-used accounts. 7️⃣ If you are preparing to help with costs, consider scheduling an automatic allowance deposit every other week to mimic the typical bi-weekly payroll process Remember, preparing your children for financial independence is one of the greatest gifts you can give them. 🎁 Share this post if you found these ideas useful! 💡 #ParentingTips #CollegeFinance #FinancialLiteracy

Give your child a gift that lasts instead of something that's thrown away or broken a few weeks after the festive season. Start a tax free savings plan, and top up from as little as R10 with the Stash for kids app. Or buy them a Krugerrand (or a 1/10 ounce if it's more affordable). A krugerrand cost around R14,500 in 2014. It's now worth around R52,000. What a fabulous way to pay it forward for your child. #festive2024 #gifting #smartgift #moneytips #smartmoney #smartwoman #stash #stashforkids #unittrusts #taxfreesavings #investments #giftsthatlast #giftsthatgive #sylviawalker #authorsofinstagram #financewriter #financialadvice #moneymatters #financialplanning #taxfree #gold #kids

👨👩👧👦 How much allowance should you give your child in college? Should you provide them with a credit card? How do you make sure they learn how to budget? I often get asked these questions by parents and grandparents with children in college. Here’s a list of steps you can take for your student. 1️⃣ If you haven’t already done so, you might want to set up a separate bank account for them and link it to your own. You can show them how to use the app to monitor balances and transfer between savings and checking. 2️⃣ Consider providing them with a debit card and a credit card in their name, thereby giving them the responsibility of managing expenses while also building a credit history. 3️⃣ Show them how to monitor their balances and transfer money from checking to pay off their credit card. 4️⃣ Consider making them an authorized user on one of your credit cards (for emergencies only!). 5️⃣ Help them set up their own mobile payment accounts, such as Venmo. 6️⃣ Encourage them to update their passwords on their most-used accounts. 7️⃣ If you are preparing to help with costs, consider scheduling an automatic allowance deposit every other week to mimic the typical bi-weekly payroll process Remember, preparing your children for financial independence is one of the greatest gifts you can give them. 🎁 Share this post if you found these ideas useful! 💡 #ParentingTips #CollegeFinance #FinancialLiteracy