The online game sensation FarmVille is teaching people valuable financial lessons, and they may not even realise.
In the Facebook game (created by software company Zynga) players plant and harvest virtual crops, tend to farmyard animals and expand their land by selling the goods.
The ‘farmers’ help neighbours with chores and exchange gifts with them. As they [...]
Advice from The Money Coach
Written By: Teen Money Expert Stuart Fleming on January 11, 2010
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Written By: Teen Money Expert Stuart Fleming on September 8, 2009
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I introduced the Money Mindset Mob to the wonderful students at Karanga Mai College in Kaiapoi yesterday, and helped them bust the three lethal money myths.
They were an enthusiastic bunch, easily grasping how we are all different when it comes to our money habits and beliefs.
The room got a bit quiet when we starting talking [...]
Written By: Teen Money Expert Stuart Fleming on July 20, 2009
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More money makes us happier, right?
We can’t wait to be earning the six-figure salary or winning the lottery so we can be happier than we are now…
Yet according to Harvard psychologist Daniel Gilbert (as written in his book Stumbling On Happiness), this is a dangerous belief.
“Economists and psychologists have spent decades studying the relation between [...]
Written By: Teen Money Expert Stuart Fleming on July 11, 2009
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Or actually, why DON’T we talk about money?
This quote from John Hope Bryant raises a very valid point:
“Financial literacy is not a math class. Money is emotional. It is aspirational, cultural, environmental, deals with self-esteem and life reality… We all say we want love, sex and money, and yet we don’t really discuss either of [...]
Written By: Teen Money Expert Stuart Fleming on July 2, 2009
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A whole day spent listening to experts on financial literacy and money education.
Was I mad?
Apparently so! I was at Financial Literacy 09 in Wellington, a one-day summit put on by the NZ Retirement Commission and attended by 200 Suits. Yup, The Suits from banks, financial institutions and government ministries all hoping the speakers would either [...]
Written By: Teen Money Expert Stuart Fleming on July 2, 2009
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I spent an afternoon with some 20-something student friends of mine. The topic of the Money Survey I was running (for 12-29 year olds) came up.
We talked about what they had learned at school about personal finance.
Very little. The subjects of accounting and economics always had a business focus. It is not mandatory for NZ [...]
Written By: Teen Money Expert Stuart Fleming on July 2, 2009
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Parents should give their children an allowance
In discussing this point the Money Mindset Mob each had a different opinion.
Here is my ‘money advice‘ for parents:
One of the scariest questions I can ask a parent is: When your child reaches the age you are now, would you be happy if they had the same level of [...]
Written By: Teen Money Expert Stuart Fleming on July 2, 2009
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Financial literacy, money education, poverty, debt and enterprise… there are some people around the world doing good things in these areas, and John Hope Bryant is one of them.
Instead of giving you a full run-down of his awe-inspiring activities (he’s a community leader, government advisor, business builder, speaker, author, and advocate for poverty eradication…) let [...]
Written By: Teen Money Expert Stuart Fleming on July 2, 2009
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Reading financial literacy material each day, I keep an eye out for the best information to share, all with the aim to help you get your head around money.
Today I found this stunning article:
The Secrets of Financial Freedom: An Interview with the Millionaire Next Door
written by JD at Get Rich Slowly
In it, JD talks with [...]
Written By: Teen Money Expert Stuart Fleming on July 2, 2009
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Spending money on your mobile phone can be a big deal for teens. Is your phone helping or hindering their overall finances and fun?
Streetwise Mike admitted he’d unexpectedly overspent on his phone bill - meeting a new boyfriend/girlfriend can do that sometimes! He has his mother to thank for encouraging him to check his account. [...]
