Financial Tips

If you are approaching 16 years old and reading this with your parents, I’m sorry…I’m truly sorry. But by the end of this post, I hope you will agree with me that having your parents give you a car for your 16th birthday is NOT in your best interest. Fat chance?!…Well let’s discuss. From a young age, it’s important to explain to your children that you will not be giving Read More …

The Workstars Chart

Now that you have presented the Workstars Chart to your family, it’s time to implement the program. The first thing your kids are working toward is “Rockstar Status”.? It’s important to explain to them that they will have NO PRIVILEGES until they have reached Rockstar Status.? This means no 1) electronics, 2) television, 3) playing with friends, etc. until they have completed the chores above Rockstar Status. We’ve tried several Read More …

The living room

A few years ago when we were first developing our Family Economy System I was asking my sister what methods had worked best for her? She is a Mother to seven children and I know that there is always strength in asking those around you what has worked for them. One thing I know for certain is that you need to have a system that is flexible enough to adapt Read More …

Family Economy System

A few years ago when we were first developing our Family Economy System I was asking my sister what methods had worked best for her? She is a Mother to seven children and I know that there is always strength in asking those around you what has worked for them. One thing I know for certain is that you need to have a system that is flexible enough to adapt Read More …

A family store

Now that you’ve read through your Workstars Family Economy System, established a family store, and chosen chores using the Workstars Chart you are ready to present the system to your family. If you are married or in a relationship, it is extremely important to discuss the system together before presenting to your children. The system will not work unless both partners are fully on-board. There are a few preparations you Read More …

7 Habits Of The Financially Successful

By: Keith Whelan If you think about it, achieving success in some of our most important life activities requires two key ingredients: knowledge and behavior. Knowledge by itself isn’t enough; knowing what to do only gets you halfway there. You also need to follow through by taking action. Take a job, for example. On paper I might be an expert at my profession. Very knowledgeable. But if some aspects of Read More …