PHOTO: VEER
F A M
I L Y
better
When to teach: ages
5 -1 0
Key teaching tool: Allowance
Life lesson plan:
► C h o o s e b e tw e e n a ch o re-b ased ,
n o -strin g s-attach ed a llo w a n ce , o r
o n e th a t c o m b in e s a b ase a m o u n t plus
b o n u se s fo r ch o re s.
► L e t y o u r ch ild k n o w th e co n d itio n s fo r
g e ttin g th e a llo w a n ce .
► S e t th e a m o u n t. O n e ru le o f th u m b : 50
ce n ts to a d o lla r p e r y e a r o f age.
► D e fin e sp e n d in g g uid elines.
► Estab lish a m o u n t to b e saved . (H in t:
P re s e n t h e r w ith a fu n p ig g y b ank).
► B e co n sisten t. G iv e th e a llo w a n ce o n th e
sa m e d a y e v e ry w eek.
When to teach: ages
1 1 -1 3
Key teaching tool: A savings account
Life lesson plan:
► S e t up a m e e tin g w ith y o u r child an d a b an k m a n a g e r to d iscu ss th e
d iffe re n c e b e tw e e n savin g s an d c h e ck in g a c co u n ts , m o n th ly ch arg es,
fines, an d in te re s t rates
Ages
14
and up
Key teaching tool: A part-time job (including babysitting, dog walking, or
other odd jobs)
Life lesson plan:
► H a v e him o p e n a ch e ck in g a c co u n t.
► A gree on h o w pay should be used: W ill so m e be eam arked fo r a ca r o r college?
► D iscu ss taxes, an d s h o w h o w F IC A an d in c o m e taxes are d e d u c te d .
► In tro d u c e th e “ p ayin g y o u rs e lf firs t” co n c e p t. E n c o u ra g e y o u r child to
d ep o s it s o m e m o n e y in a savin g s a c c o u n t b e fo re sp e n d in g a n y o f it.
H
o
w
t o a s k f o r h e l p
When to teach: age
12
Key teaching tool: Open, honest, ongoing communication
Life lesson plan:
► P ro v id e p h o n e n u m b e rs an d a c ce s s to h e r p ed iatrician .
► M a k e s u re sh e k n o w s th e sch o o l nurse, g u id a n c e co u n se lo r, o r o th e r
a p p ro p ria te h ea lth p ro fessio n als.
r o r a f h e n i
o w
t h a t i t ’;
i d e a d v i c e
d
c e o r
John W. Moses, M.D., associate professor of pediatrics
at Duke University Medical Center.
A r e y o u r c h i l d ' s A D H D
s y m
p t o m
s c o n t r o l l e d
e v e n a t
1 3
h o u r s a f t e r
t a k i n g m
e d i c a t i o n ?
V i s i t
vyvanse.com
t o s a v e $ 5 0
o f f y o u r f i r s t
p r e s c r i p t i o n .
Restrictions may apply.
Please see Im portant Safety Inform ation
and Brief Summary of Full Prescribing
Inform ation on adjacent pages.
. - - - - - •
(lisdexam fetam ine
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BETTER HOMES AND GARDENS FEBRUARY 2010
2 1 5
VYV
-0 06 6 5
10/09
