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Allowance- The Why, How, and When of it

Allowance- The Why, How, and When of it

 Allowance- Summer is a great time to start!!! Giving your child an allowance is a great tool to help teach financial responsibility and prepare them to deal with money in the real world.  There are many questions around when, how much, and what are they meant to do with the money….. Here are some Moonjar answers: Should I give my child an allowance? It is a good idea and the amount does not matter! It allows them to learn firsthand how to manage money. They are forced to make choices about what is most important to them. With a...

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April is Financial Literacy Month

April is Financial Literacy Month

  April is a great time to start talking to kids about choices with money. Just as the weather changes, so do the "i wants" seem to get louder. I notice it in myself as I see Spring clothes come out and as I see neighbors out in their yards. I think it is natural after the winters we have been having to want to refresh and spruce up a bit.    The opportunity presented by Moonjar  is one of "how can we make it happen"; our tools are a great way to set plans and goals to achieve those special spring...

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Keep Talking About Money

Keep Talking About Money

Research indicates that parents' behavior — the example they set — and the discussions they have with their kids about money are much more important than allowances in shaping their future financial health. Share story By  LIZ WESTON Many parents tell me they feel guilty about allowances. They aren’t consistent about when and how they give their kids money. They wonder if allowances should be tied to chores. Even how they dole out money can be a problem. Cash is easiest, but much of what kids want to buy — downloads of a favorite show, a toy on Amazon, a...

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Winner for DECA ! Congratulations Holly, Richland High School, and GESA CU!

Winner for DECA ! Congratulations Holly, Richland High School, and GESA CU!

We are so proud of Holly from Hanford High School in Richland Washington! And a huge thank you to GESA Credit Union for sponsoring her Moonjars! She took a Moonjar project to her DECA competition and won so she took it to State and she came in 4th so she is taking it to the International DECA competition!!  Go Holly Go!!  Here are a couple of her take-aways: Fewer than 20 states require financial literacy curriculum. States that have more rigorous financial education see higher credit scores after graduation.  Part of the project was to improve chances of students feeling...

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Money Prodigy and Moonjar

Money Prodigy and Moonjar

 We are so happy to be recommended as a great gift to start the Money Conversation!! Thank you to Money Prodigy. https://www.moneyprodigy.com/9-money-educational-toys-for-kids/ Here is what they say:  Money educational toys for kids provide the best of both worlds — fun for now, and lessons that will stay with them into adulthood when they’ll need those important life skills. I’ve got an idea. This year, instead of gifting money to your nieces, nephews, and other kid(dos) your life, why not gift money educational toys for kids? Not only will they have fun playing with them now, but they’ll learn some valuable money...

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