Get Rich Slowly

If you’re new here, you may want to learn what this site is about. I encourage you to subscribe to my RSS feed. Thanks for visiting!Financial literacy is best taught at a young age. Some of us are just coming to terms with basic financial skills at 38 — what if we’d managed to [...]

How powerful is marketing? How young are we when we first feel its effects? Can marketing really change the way we perceive the things we buy? Earlier today I shared a passage from Malcolm Gladwell’s Blink that explored how marketing works. A recent study funded by Stanford University and the Robert Wood Johnson Foundation demonstrated [...]

This guest post is from Nickel, author of Raising4Boys.com and FiveCentNickel.
 

I recently received an e-mail from a reader asking about the “real” cost of raising kids. In short, she’s heard a lot about the high cost of raising kids, and was wondering if it’s really as bad as people make it out to be. More [...]

The youngest reader of Get Rich Slowly might just be C.J., who is nine-and-a-half (”almost a teenager”). C.J. recently started his own fiscal fitness journal in the Get Rich Slowly discussion forums. He writes:

I want to get rich so I can buy a backhoe. A real one, because that’s the job I want to do. [...]

This is a guest-post from my wife.
Amanda recently sent J.D. an e-mail looking for advice about gift-giving:

My husband and I have made huge lifestyle changes since our son was born with congenital heart disease four years ago. He’s had five open-heart-surgeries, and we’ve had some killer medical bills. My husband stays home with both of [...]

We spent several hours last Saturday walking the streets of southeast Portland, looking for bargains. Portland’s posh Eastmoreland neighborhood held its 22nd annual garage sale (which I wrote about last year), and we joined the thousands of others who were hoping to find some great deals.
Kris scored a bunch of cheap canning jars, but I [...]

Last week I highlighted the Money Savvy Pig, a savings bank “for the twenty-first century”. But really, what 21st-cenury kid wants a plastic pig? Today’s youth are all about web 2.0. PAYjr wants to be your web-based solution for chores and allowances. According to the site:
The PAYjr Chore & Allowance System provides free financial education [...]

One of the best things parents can do to prepare their children for the Real World™ is to teach them basic financial skills. A kid who knows how to save is a kid who has a jump-start on life. Money Savvy Generation is a company designed to “help kids get smart about money”. Founder Susan [...]

An anonymous poster at AskMetafilter wonders should parents finance grad school?
Should parents help their children pay for grad school if they can afford it? My parents are divorced, but both are in households considered in the top 1% of the US in terms of income and net worth. After limited financial assistance from them during [...]

An anonymous reader e-mailed a story about the financial education he received from his father.
Something my dad did for me when I was a kid — after I got my first job (delivering papers) at the end of the year, he gave me a gift.  He wrote a check for my annual salary ($650) and [...]