Hope for your financial life and beyond

Why Parents Should Never Give Kids Money for Good Grades at School

Parents (and some schools) have often given money for good grades as a tool to motivate their kids to do well in school. During my years as teacher and principal at several private schools, I’ve known about it happening at all levels, from kindergarten through high school. I heard rates that varied from $5 – $100 being offered by parents for kids earning A’s in a class.

money for good gradesYes, you read that right. $100 per A, per semester!

Start calculating that out over 6 or 7 classes and it makes me want to go back to school. Seeing that I was a straight A student I would have made a killing.

Some parents I’ve heard have a higher standard that requires their child to get A’s in all classes in order to receive any money. The theory behind that approach is to develop a well-rounded child who excels in everything.

Neither of these options ever felt right to me. So early on my wife and I decided we would never give our kids money for good grades. Here’s our reasoning and what we chose to do instead.

[Continue reading]

Secret Advice For Teenagers Who Love to Spend Money

secret advice

You know who you are - a teenager who loves to spend money like it’s going out of style. You spend money faster than it takes a Snapchat to disappear. Money comes into your hand one minute and flows out like water the next. And you like it that … [Continue reading]

God Places Us For A Purpose – Find Yours

Are you sick and tired of your job? Wish you could win the Mega-Millions Jackpot and escape to paradise, never to work again? If so, maybe some reflection and a new perspective is in order about your purpose from God. What you may not realize is … [Continue reading]

Home Maintenance Items Landlords Should Do Between Tenants

home maintenance

As a landlord, I would love to keep tenants in my properties forever. While some stay a long time, most eventually leave to seek housing elsewhere. This is either by personal choice or through an eviction. Whenever that time comes, it’s the … [Continue reading]

7 Tips on How to Handle a Teenager’s Car Accident

car accident

Calls in the middle of the night are never good. Neither is the one when you say “Hello” and your teenager is crying on the other end. Your heart immediately drops because you are scared and know they are hurting. That was my experience anyway when I … [Continue reading]

Should I Cosign? Here Is the Truth About What God Says

cosign

“Do not be one of those who shakes hands in a pledge, one of those who is surety [ cosign ] for debts.” – Proverbs 22:26 If you’ve ever had a situation where a friend or family member asked you to cosign a loan, you know it’s a tough spot to be … [Continue reading]

The 10 Best Summer Jobs for Teens and College Students

summer jobs for teens

Memorial Day marks the official beginning of summer. For teens and college students that means one of three things. Either you are: a) continuing school by choice (to get ahead) or out of necessity (because you failed)… b) looking for a summer job … [Continue reading]

8 Bible Verses About God’s Love You Should Never Forget

Ever wonder where our capacity to love actually comes from? It’s pretty clear that our ability to love is something that was given to us by God. In fact, the Bible verses about God's love that I read tell me He is Himself the essence of love and has … [Continue reading]

7 Ways You Can Monetize Your Instagram Business

Please enjoy this guest post today from Mary Kyle on growing your Instagram business.  Are you spending more hours on Instagram every day? Have you ever thought about making it more than just a hobby? Perhaps now is the time then to make your time … [Continue reading]

4 Easy Ways to Get Your Finances Back on Track

The COVID-19 pandemic has left many in a financial ruin (or at least in less-than-ideal financial circumstances). People are reeling from what the shutdown and quarantines did to the economy and to their personal wealth. It's important, maybe now … [Continue reading]

Is Investing in Collectibles Like Valuable Baseball Cards Worth It?

Ken Griffey Jr. Upper Deck

Like so many young boys, my love affair with baseball cards began in Little League. Each week our coach would give us a $1 to spend at the concession stand after the game. I spent my money on a cream soda and a pack of cards (none of which would … [Continue reading]