THE MONEY TALK
Prepare Your Kids for Fiscal Responsibility
of having money), save some of it (to learn the concept of long- term goals), and pay a little tax on it (to learn the concept that not all their money belongs to them). You can accomplish this by withholding some of their allowance and investing it on their behalf. Make it clear that money is the result of hard work and have them start doing chores to earn money and understand this concept. High School This is a critical time to establish financial collaboration. Encourage your kids to secure a part-time job to help pay for things like car insurance and cell phone bills. Hold them accountable for sharing some of those costs, and when they receive their paychecks, educate them on the best way to split it up, just like you did with their elementary school allowance. College As your child approaches adulthood, they’ll need extra guidance on the realities of handling money and other financial concepts. Make sure they understand how credit works, how to use credit cards wisely, what taxes are, and how to navigate bank accounts. Use your own experiences, both good and bad, to explain how financial troubles can easily come about if false understanding and inadequate preparation occur.
Have you ever talked to your kids about money? You may not be able to teach a preschooler the complexities of credit, but starting at an early age, you can begin educating your kids on the important role that money plays in life, thus giving them the foundation to succeed later on. Preschool You can start talking about money with your kids when they are as young as 2 or 3 years old by helping them understand simple concepts. Explain that everything costs money, from the food they eat to the house they live in. Try not to shower them with an abundance of toys all at once so they start understanding the concept that pleasures in life are earned and not always readily given. Elementary School Giving allowance will help your kids understand the concept of money. Encourage them to spend some of it (to learn the joy
PEACH AND ARUGULA PASTA SALAD MICHELE’S RECIPE CORNER
take a break
INGREDIENTS
• 2 large fresh peaches, diced or sliced • 1/2 medium red onion, thinly sliced • 1 pint heirloom cherry tomatoes, halved • 1 cup corn • 6 cups arugula, packed
• • •
8 oz penne or fusilli pasta
2 tbsp olive oil
1/4 tsp red pepper flakes
• 1/2 tsp sea salt • Pepper, to taste •
2 tbsp lemon juice
•
3/4 cup crumbled feta cheese
DIRECTIONS
1. In a large pot of boiling water, cook pasta for approximately 9 minutes or until al dente. Drain pasta and place in a separate bowl. 2. In a small bowl, whisk together olive oil, red pepper flakes, salt, pepper, and lemon juice. Drizzle the dressing over the pasta and toss with the feta cheese. 3. Add peaches, red onions, tomatoes, corn, and arugula to the pasta mixture. Lightly toss to mix well. Add more olive oil, lemon juice, salt, and pepper to taste.
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