Welcome to Raising Money$mart Kids!

What do YOUR kids know about the value of a buck? If you're like most families, finances aren't often discussed. Some parents feel that talking about money makes their kids feel like they're poor. Others may not know where or when to start to help their kids learn about budgeting or business or banking.

Here at Raising Money$mart Kids, you will find articles on everything from setting up an allowance to running a lemonade stand to helping kids make better purchase decisions. You can ask questions get help from the community.

So, grab a cup of coffee and pull up a chair!

Thursday, November 25, 2010

Getting What You Want- Even When You're on a Budget

When you're on a tight budget, finding the money for unexpected needs, or (dare I say it) wants can be tough. There will always be more cool things you absolutely must have than there is money for them. However, there are several strategies to make sure you are buying the things that are more important to you and still fit in your budget.

How to Get What You Want on a Budget

It can be difficult to make ends meet when you are on a tight budget. There may be many things that you would like to buy, or even need, for which there is simply no money. If you use a few smart strategies, though, you can buy both necessities and even luxuries at a price that fits in your budget.

1. Prioritize your spending.

If you are like me, there is always a list in the back of your head of things you would like to purchase. Take some time to write them all down in a list and then prioritize that list. This forces you to decide what is really important to you. Without prioritization, you may find yourself spending all of your money buying things that don't really matter to you.

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