Questions tagged [money]

Family finance, and how children learn to handle money.

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4
votes
2answers
263 views

What are important legal and financial steps for new parents?

What are the most important legal and financial steps for new parents in the US? For example, establishing a will, purchasing life insurance, setting up a college fund, etc...
2
votes
0answers
92 views

Money for good grades? [duplicate]

Possible Duplicate: Is bribing children with cash incentives a good idea? Is it appropriate? Good, because action-result chain is clear? To get something, you should work; your work now is ...
14
votes
8answers
2k views

Can we afford to have a baby?

I'm not a parent (yet!), but the wife and I are seriously thinking about starting a family. We both really want kids, but I'm just worried about the financial strain a baby could have on us. Am I ...
5
votes
4answers
3k views

Do you pay a part time nanny for vacation?

We have a part-time nanny 3 days a week and we generally pay her cash for those 12 days a month. Our family is going on vacation for 2 weeks where her services won't be necessary and we're wondering ...
21
votes
7answers
1k views

How do we teach a pre-schooler about money and shopping?

When I go to a store with my four year old son he wants to buy a lot of stuff he sees. Also he constantly claims that he needs a new toy. How do I explain to him that we can't buy everything we want?
14
votes
7answers
2k views

How should I respond to a child asking to have as much spending money as her friends do?

When a child has some close friends at school, but some of them come from relatively richer families, so they get maybe twice my child's pocket money, how should I answer when he complains and asks to ...
9
votes
6answers
12k views

Is it better to get an infant car seat or a convertible?

Is it better to get an infant car seat or a seat that converts from one stage to the next? Is there any benefit to the infant car seat that justifies paying for an infant car seat and a toddler car ...
24
votes
14answers
4k views

Are modern cloth diapers really cost efficient compared to disposible diapers?

Are modern cloth diapers such as gDiapers or bumGenius really cost efficient compared to disposible diapers? It seems the diapers themselves are quite expensive and then you have to include the cost ...
22
votes
11answers
25k views

Is an expensive stroller worth it?

Strollers seem to come in all ranges of prices. From $100 to well over $1000 (sorry for the US-centrism, but I'd guess it is the same in other places). Given that this will probably be something that ...
15
votes
4answers
945 views

What factors should you consider when deciding how much to pay a babysitter?

What factors do you consider when deciding how much to pay a babysitter per hour? The time of day, meals, duration, travel, etc.?
24
votes
11answers
20k views

Should adults pay rent if they live in their parents' home?

If your grownup children still live at home, should they share cost of living in the common household?
10
votes
3answers
2k views

How can I teach my kids to be less egocentric?

My older kids (9 and 12) can be very me-centric. For instance, we recently won a small amount of money from a contest, my now 12 year old immediately suggested that we spend the extra money on his ...
38
votes
10answers
6k views

At what age should you start giving your children pocket money?

I think pocket money is a great method of educating your children in financing, but at what age should you start and under which condition?
68
votes
16answers
6k views

Is bribing children with cash incentives a good idea?

I pay my 5.5-year-old $1 if she sleeps in her own bed and take $1 in rent when she sleeps in our bed. I've also taken to offering her $1 to pick up her 2.5-year-old brother's Lego messes. Good or ...

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