This is entry #8 in a weekly summer series by “guest blogger” and FamZoo summer intern Haley Dwight.
This week, I have just one top family finance pick:
Teaching Kids Financial Literacy by Dr. Michele Borba from her Reality Check Blog
Have you taught your child to track expenses or set a budget yet? If not, you aren’t alone according to popular parenting expert Dr. Michele Borba. Michele shares 7 solid tips for teaching kids about money management from her book The Big Book of Parenting Solutions
I especially like the suggestion to keep a spending log. I keep one for my clothing purchases so I can stay on track with my annual clothing budget and avoid impulse buys. Of course, I keep my clothing spending log in a handy FamZoo virtual account!