Monthly Archives January 2017

Children’s books about money

Today I’m writing about children’s books – specifically, books about money that is tailored to children. It is going to be a biased post because I am a self-confessed bookworm. I LOVE books! I can get lost and be absorbed in books for hours! In my first resume, reading books was at the top of my list of ‘Hobbies’. It remained there until my career counsellor told me that it conveyed a message to prospective employers that I am a loner
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Pocket money: Does it have a place in children financial literacy?

Pocket money (called an ‘allowance’ in some parts of the world) is a gold mine for the finance industry. Apparently it is worth $1.4 billion a year. A long time ago, public schools in Australia were in fact involved in teaching children about money. Teachers were the bankers for a Government bank and the school banking initiative was supported by the Government. Today, there is no Government bank – all banks in Australia are now privatised. School banking is now optional and
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The correct way to give Pocket Money

Many people do the pocket money thing, yet there is no one adopts the same method. I believe in giving young children pocket money. As a law lecturer, my lessons are most effective when I have communicated my messages clearly. I teach the same subject to multiple classes year after year, yet I never teach my classes the same way. The style I use in each class depends on so many variables it would be impossible to replicate each class.
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The most effective way to curb Pester Power

Like many parents, I have battled (often unsuccessfully) with my children’s pester power – especially for junk food and toys. I’m not sure if there is a correlation between children receiving pocket money and pester power, but it would sure make for an interesting study! Like many parents, I have Googled strategies to deal with this situation. They all come back to one simple message – ignore the pester and stay calm. Yeah right! Don’t get me wrong – the
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Board games: still effective after 50 years ago

If you were a child growing up before the turn of the century, you will remember playing board games. I have fond memories of playing board games with family and friends as a child. My earliest memory was playing Snakes & Ladders (also known as Chutes & Ladders). With the roll of a dice, I could be climbing up ladders or sliding down snakes! What I loved most about Snakes & Ladders wasn’t being the first to finish the game. I
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