Parents aim for their kids to be better or smarter than them in everything they do. One area that can get forgotten though is financial literacy and money management. Can they make smart money decisions, balance their accounts, and not overspend? This is not taught in schools!
We need to help them learn financial skills before they leave home. Don’t be afraid to teach them, even if you’ve struggled with managing your own finances. Sometimes sharing our struggles and even bad decisions can be the best way to start a conversation. Here are some basic topics and discussions you should have if you’re wondering how to teach kids about money.
Teaching Kids Money Management
Every family has different goals and values, but money affects all of us. Depending on the ages of your kids, choose which of these issues are relevant right now.
Let them practice using money
Some families do allowances and some don’t. While this isn’t where I’m going to go into all the different thoughts behind an allowance, I do think there’s value in your kids having money to use so they can make mistakes and learn. Whether you tie an allowance to chores or not, it’s important for them to have some money at their discretion from a young age.
Teach spending / saving / giving
When your kids start acquiring money, whether it’s through an allowance or odd jobs, teach them to divide their money into three categories: spending, saving, and giving. The percentages are up to you, but we usually start with our kids having them put 10% in giving and 10% in saving. As they get older, we increase the percentage that goes into saving. Of course, they can always add more to saving or giving if they want, but those are the minimums.
For younger kids, it’s great to use cash and keep it visual. You can buy an expensive piggy bank with dividers, but if you’re giving your kids an allowance, just have three separate containers. We always use Mason jars since they’re see through.
Talk about money as a family
Did you grow up hearing that it wasn’t polite to talk about money? Well, it may not be polite to ask someone how much money they make, but in your own home, you have to talk about money. You don’t have to tell your kids every detail, but they need to understand how money works into the life of an adult.
It’s a great time to shop for Disney gear at Old Navy! Right now they have 40% off Disney back to school styles for the kids!
If you’re an Old Navy cardmember, you can get 50% off the regular price with code FIFTY.
Deal Ideas
Old Navy x Disney© Minnie Mouse Tunic and Flare-Leg Pants Set for Toddlers – $15.99 (reg. $26.99)
Old Navy x Disney© Minnie Mouse Backpack for Toddler – $17.99 (reg. $30)
Old Navy x Disney© Oversized Graphic Pullover Tunic Hoodie – $20.99 (reg. $35)
This sale is good thru 7/31. Shipping is free for Rewards members on orders of $50+.
See more deals for kids.
Here’s a fun deal for NFL fans! Head to Fanatics.com to get NFL Pullover Hoodies for as low as $21.99. Plus, many of the hoodies ship free!
There are lots of teams to choose from, so look around and find your team.
This offer is good for a limited time. Shipping is free shipping on a $29 purchase with promo code 29SHIP at checkout.
See more online shopping deals!
We have a great deal on cereal at Walgreens this week!
Use an eCoupon and an Ibotta rebate with this week’s sale, and you can score select General Mills Cereal for as low as 88¢ per box.
Walgreens General Mills Cereal Deal (ends 8/2):
- Select General Mills Cereals, $1.88
pictured – Cheerios, Cinnamon Toast Crunch, Cocoa Puffs
-.50/1 Cheerios Cereal, select 8.9-49.8 oz boxes, excl Protein items, limit 5, Ibotta mobile app
-.50/1 Chex Cereal, any 12-42.75 oz, excl mega size, limit 5, Ibotta mobile app
-.50/1 Cinnamon Toast Crunch cereal, select 8-49.5 oz excl mega size and Loaded items, limit 5, Ibotta mobile app
-.50/1 General Mills Classic Cereal, select 15.6-20.8 oz boxes, limit 5, Ibotta mobile app
-.50/1 Lucky Charms Cereal, 10.5-46 oz bag, excl mega size, limit 5, Ibotta mobile app
-.50/1 Reese’s Puffs Cereal, 11.5-51.4 oz boxes excl mega size, limit 5, Ibotta mobile app
-.50/1 General Mills Kid’s Cereal, select 9-50.5 oz, excl Loaded and mega size, limit 5, Ibotta mobile app
-$1/2 General Mills Cheerios, Cinnamon Toast Crunch, Lucky Charms, Reese’s Puffs, Chex, Cocoa Puffs, Trix, Cookie Crisp, Golden Grahams, Kix, Fiber One, Wheaties, Raisin Nut Bran, Total, Basic 4″”, Oatmeal Crisp, Loaded, :ratio, Cereal & Granola pouches, Nature Valley Granola pouches, Walgreens eCoupon
(use $1/2 mfr and (2) .50/1 ibotta, makes it 88¢ ea.)
Check out the full Walgreens ad for more great deals.
Hurry to Amazon to save on this Cottonelle toilet paper family pack. Combine a sale and Subscribe & Save to get the deal!
You can always cancel the subscription once you get the first one.
Check out some of the deals:
32-ct. Cottonelle Ultra Comfort Toilet Paper Rolls – $33 (reg. $34.79)
—extra 20% off with Subscribe & Save
makes it $26.40
This deal is good for a limited time. Shipping is free with Subscribe & Save.
See more ONLINE SHOPPING DEALS!
Right now use this coupon to save $5 off $20 School Supplies at Kroger! This includes cleaning supplies, food storage bags, and more!
Just clip this coupon to save it to your Kroger account and then spend $20 in school supplies. This is redeemable up to 5 times in a single transaction with a max savings of $25!
Eligible supplies include pencils, scissors, glue, tape, notebooks, folders, crayons, paper, markers, backpacks, office supplies and select hand wipes, disinfecting wipes, all-purpose cleaners, disinfectant sprays, facial tissue, food storage bags, and more!
Redeem by 7/29!
Craving a grilled cheese? You’ve got to know about this grilled cheese tip to elevate your sandwich to the next level. You’re going to spread the outside of the bread with, not butter, but mayonnaise!
It may sound strange, but mayo has the perfect amount of fat in it to give the bread a golden and crisp exterior in the skillet (plus, the oil in the mayo has a higher smoke point than butter).
You don’t even need fancy bread to make a great grilled cheese. Use whatever cheese is your favorite (I used a combo of sliced provolone and shredded cheddar).
Ingredients
- 2 slices of bread
- 1-2 tbsp mayonnaise
- 1 slice provolone cheese
- 1/4 cup shredded cheddar cheese
Directions
- Heat a non-stick or cast iron skillet on low.
- Spread a generous amount of mayonnaise on each slice of bread, making sure to spread to the edges.
- Lay the first slice of bread, mayonnaise side down, in the skillet. Add the cheeses on top and then add the remaining bread (mayonnaise side up). The mayo will be on the outside of the sandwich.
- Heat gently until the bread is crisp and golden brown (about 5-6 minutes). Flip and cook until the other side is also golden brown (this side usually takes a bit less time).
- Serve hot while the cheese is still melty.
Make this to go with slow cooker tomato soup!
Run over to Macy’s before the day ends to see the deals you can grab on select toys for the kiddos. Some are marked down up to 80% off!
This sale is part of Macy’s Black Friday in July event. No code necessary. Prices are marked.
Deal Ideas
Discovery #MindBlown STEM DIY Robot Retro Vending Machine Build Kit – $11.99 (reg. $60)
Sharper Image Toy RC Pixie Cruiser – $17.99 (reg. $90)
Miniverse Make It Mini Botanical Deluxe Set – $14.99 (reg. $50)
This offer ends tonight, 7/26. Shipping is free on orders $25+ for Star Rewards members.
See more deals for kids.
If you’re a member at Lowe’s, don’t forget to take advantage of some awesome perks like this one! On August 2, Lowe’s Reward Members get a FREE kids soccer ball. Just head to your local Lowe’s on August 2nd, 2025 starting at 10am to claim yours.
This offer is in-store only. You can find the offer in your member’s wallet.
Find more freebies!
