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Tuesday, March 7, 2017

It's Not Just about School Work, You Have to Teach Your Children about Life Too

A common problem in this day and age is that people feel as if their time at school didn’t prepare them enough for adulthood and adult-life, and that they were just thrust into it without really understanding what they were doing, and still don’t. The aspects of adulthood that this refers to is things like the value of money, the value of hard work and the value of spending time with family. Does school really prepare students for adult life? If you don’t think it does, then take matters into your own hands and make sure your kids are prepared for adulthood straight away once they grow into it.

You can start by making sure that they understand the value of money, and how they have to work hard to earn it and then subsequently earn what they wish to spend it on. You can entice your children to do things such as their homework, good work at school or even household chores by offering them a coin in return if they do it. This could simply be spare pieces of shrapnel that you have lying around in the bottom of your purse or wallet that means virtually nothing to you, but you could tell them that you will have it back off them in exchange for gifts such as extra time on their games console or being able to stay up a bit later on the weekend. This would mean that you are teaching them that they have to work hard, and sometimes do things that aren’t fun, in order to earn physical pieces of money as well as teaching them the fundamentals of basic earning and spending as they exchange their newfound fortune for gifts that they really want. You could even go one step further and offer them specialised and child-friendly coins or paper bills in order to help your children recognise that achievement, good performance and being a good person is met by rewards. If this interests you, then why not go the whole hog and and purchase a coin case that will be a form of inspiration for your children as it will be a constant reminder that it needs to be filled, and the only way they can fill it is by working hard and earning coins. The technique of offering such coins and coin cases is a great tactic for not only parents, but for teachers, coaches and those of you who are in charge of scout groups. The coins are affordable, but still cost more than using your spare cash; however, if you think it may not seem like a wise thing to spend your money on, if implemented correctly it can be.
Teach your children about money

You should also seek to teach your children the importance of spending time with family. You should do so trying to never cut contact with any member of family unless you really have to, because if your children grow up thinking that one family member can be ignored, they may think that all family can be ignored. You should also try to implement on them your family’s history in as fun a way as possible so that they don’t get bored. A way to do so is to blend talking about the history in with normal conversation as much as possible. You can find more family history activities for children here.

Family time with your children

So, if you don’t want your children to be hit by adulthood and not have the life lessons or tools to properly deal with it, then take the matter of preparing them for it into your own hands because the teachers at their school have enough on their hands in trying to teach them academically.

Saturday, March 4, 2017

Tax Season: The Effect of Buying and Selling a House

I can't believe it's been a year since we bought  this home that we are now living in.  Time flies so fast that I can still remember  being so busy putting things away' or trying to find things in a pile of boxes.  We bought  this  home in March of 2016 but we didn't really  moved here until the end of June 2016.  We decided to do some   home improvement before we  moved in.  T
We bought our first home  in 2006, lived in it for ten years  then  it was no longer a good size for our growing family.  We bought it for $85k and sold it for $107k.  If you look at the price you would think that we  made money off the price that we sold it but we put around $40  on home improvement so it just work out to be  the same.  So based from our experience, there's not really an effect when you buy a  new house and sell the  old one you lived in for over ten years.


Hubby and I  thought that we would be  paying  taxes  since we sold the house but thank goodness that we did not.  We did our tax today and we did not anticipate of having a refund  because of the property that we sold but we still got a little bit back.  I was relieved!  I told my husband that if we ever have to pay taxes for the house that we sold, we are toast since the money  that we got  from the sell is already spent in improving this new home.  We  spent $16,726 for the new windows.  It was a  necessary  home improvement that we needed to do because  the existing windows were in pretty bad shape that it was  affecting our energy bills.  Owning a house consist of constant home improvement needs.  We already put in around  $25 thousand in this  home and we just owned this for a year.  With that expenses, the value of the home only raise  up to $2k, oh well.  I am just glad that we did not pay any additional tax for selling our former house.  The next big project that we have to  tackle next time is having  new kitchen but that would be  in the years to come, maybe if I win the lottery lol.  

About Me

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A work-at-home-mom (WAHM) with  two  lovely kids and a loving husband.  Passionate in writing about  family, product reviews, and  other related articles.  A Mom, a Wife,  a Blogger/Writer, rolled into one.

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