We all know that VISA is in the “use our money so we can charge you compound interest on the balance and make a lot of money from your inability to pay it back in full because you never learned about money” business. And you know what? That’s their right as a company residing in [...]

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The best time to teach your children about money is the day they are born by making sure you are setting the best example. As soon as they become aware that people trade money for things, it’s time to explain where the money comes from. As soon as you realize they think money comes from [...]

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California-based Camp Millionaire Makes Global Debut SANTA BARBARA — April 16, 2012 – While certain U.S. agencies are looking busy convening meetings about how best to improve this nation’s financial literacy, people from other countries are using a U.S.-based program to get right down to business. “A solid financial education program crosses borders,” says Elisabeth [...]

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What lifestyle do you want (to support)?

by Elisabeth on April 12, 2012

Everywhere we turn these days, we hear and read about others who have figured out, and want to share, the secrets to creating our dream lifestyles, live the way we want to live and so on. There are books and seminars galore promising to share these secrets with you, for a nice fee that is. [...]

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Your Teen’s Habits with Money Have Everything to Do with How They Think about Money

March 22, 2012

Guest Blog By Jill Suskind. Since we expose our Camp Millionaire campers to the principle, “Your thoughts, beliefs and attitudes determine your wealth potential”, I thought Jill’s article was a great fit. As an adult, financial beliefs are at the core of your success of failure financially. One of the best books you can read [...]

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The US Tax System Explained in Simple Terms

February 24, 2012

Most people in the United States don’t understand how our tax system works. The following story, written by David R. Kamerschen Ph.D. Professor of Economics originally was written about men and beer so I crafted a kid-friendly version for you. This should be taught in every economics class in the world! How Our Tax System Works [...]

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Chickens and Ducks: Financial Ponderings of a Traveler

February 9, 2012

When we travel, we tend to notice things in the context of our lives. Here are some examples: My boyfriend is in the carpet repair niche, so everywhere we go, he looks for, and critiques, carpet installations and notices carpet that needs to be fixed. If you’re in the bakery business, you spot bakeries and [...]

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Is Financial Literacy a Joke? The Ultimate Financial Education Question

February 6, 2012

This may be the shortest blog I’ve ever written. It consists of one very deep, very enlightened question, based on over 10 years of experience in the ‘industry’ of financial education. Riddle us this one, Bat Man… “Why do public and private schools, all across America, purchase millions of dollars of textbooks and curriculum for [...]

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Financial Planning Musts for The Perfect Vacation

February 2, 2012

There you are, in unfamiliar territory (US or abroad), frustrated by the fact that the credit or debit card you had planned on using isn’t going through at a local restaurant or hotel. Now what do you do? The one thing you do NOT want to have trouble with while traveling, especially out of the [...]

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Financial Literacy: The Missing Pieces

January 5, 2012

A Financially Literate Society – The Five Critical Missing Pieces If it’s one thing most of us adults are painfully aware of, it’s that we weren’t taught how to manage or invest our money when we were young so that we could live independent, financially free lives as adults. We went to school ‘assuming’ we [...]

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