Raising money‑smart kids, one short read at a time.
Practical, honest writing about allowance, chores, saving and the conversations that happen at the kitchen table. A new article most weeks. RSS feed.
Should kids be paid for chores? Both camps are right.
Half of all parents swear by paying for chores. The other half can’t stand the idea. After a decade of watching families use MoneyOrc, here is what we learned, and a setup for each side.
Read the article →The RC airplane fund: how parent matching teaches budgeting
Jim flies radio-controlled airplanes. Jim also crashes radio-controlled airplanes. His mom turned an expensive hobby into the best money lesson he ever had, with a fund, a cap and a 300% match.
Read the article →Fines without the fight
Punishment is the most emotional part of parenting and the least discussed part of money education. Here is a way to handle it that leaves room for the child to be heard, and borrows from how courts actually work.
Read the article →
Try the ideas, not just read them.
MoneyOrc is free for the whole family on iPhone, iPad and Android.