Prom Spending Surges? Media Panics, Hype & Critical Thinking

May 15, 2015 Update! Great then/now retrospective in the New York Times that spans proms over 60 years, all the way up to current "promposal" shenanigans, spending surges and social media selfies! Enjoy.  May 24, 2012 UPDATE woohoo! Called it! Validation happy dance! Today Show notes HUGE Visa survey inaccuracies in this blurb-> "Prom Spending Myth" but no one is seeing it … [Read more...]

Money Management for Kids: Chores, Allowance & Digital Nagging

Part Two of our interview with PAYjr CEO David Jones includes one of the rarely used aspects of PAYjr's chore and allowance program (only 5% evidently) where parents can set up cell phone reminders for follow-through in cyber-nag style.Mind you, critics have cried foul that this is outsourcing parenting and discipline to tech gizmos, but frankly, I’m not one of ‘em. Nope. No … [Read more...]

Kids Take Lessons From National Debt Binge

‘Don’t do as I do, do as I say,’ could be the governmental finger wag lecturing kids on fiscal fitness. How can we expect kids to learn about credit/debit and healthy financial management skills with restrained realism when we’re handing over the national credit card with a ‘put it on the tab’ mall mentality? It’s becoming more … [Read more...]