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Beware when buying anything from Argos stores this christmas
Beware when buying anything from Argos stores this christmas you might get more than you bargined for! Whilst on our family holiday in Cornwall, July 2002, my wife purchased a digital camera from Argos StorePenzance and was given the wrong item by...

Christmas Joys
This Christmas has to go down in history as the best I can ever remember. It was my son’s 2nd year to celebrate the joyous holiday, but the first in which he could really participate in opening presents. And he had plenty to choose from! My son...

Christmas Trimmings TURKEY and a SUN TAN
Why Benidorm for Christmas Dinner? Why not What is so special about being abroad on Christmas day? What can you get abroad that you can not get in the UK or countries with the same climate at this time of year, a sun tan? Things to do...

Company Christmas party or holiday event planning made easy – Useful Tips
“Holiday entertainment planning is a serious business – a lot happens behind the scenes, long before the CEO says thanks for a job well-done”, says Incredible BORIS (Boris Cherniak). Around this time of the year, human resources managers and company...

Country Christmas Idea: Milkweed Pod Poinsettia Ornaments
At first glance, milkweed plants and poinsettias don't seem to have much in common. If you live in an area where milkweed grows wild, however, you can use the dried milkweed pods to make poinsettia ornaments for your Christmas tree. Here's how: 1....

How to make more sales before Christmas
Wow, life just keeps getting busier and busier at this time of year, have you noticed? Kids are back in school, the lazy days of the summer holidays are over and everybody`s starting to think about Christmas. The shops are full of Christmas stuff,...

I'll Be Home For Christmas
Direct Answers - Column for the week of November 29, 2004 I have been married 25 years. We come from completely different backgrounds. I grew up in a large family in a small town, and we were poor. My husband is an only child, privileged,...

Money at Christmas - Surviving the festive period without a New Year financial hangover
Money always seems to be tight. Every year at Christmas the financial situation always seems to get worse. Increased electricity and heating bills to pay, expensive party food to purchase, presents to buy, travel costs to visit relatives,...

Quick, Easy and Affordable Ways for Making Traditional Christmas Dishes Festive
Here are some ways to dress up the “traditional” favorites at your Christmas dinner. PIE CRUST 1. Make your usual pie crust, 2-crust version. Line the pie tin, put in the filling, and now it’s time to play. Roll out the second crust and start...

Tropical Christmas
I can recall from my days in England, watching television at Christmas and seeing how others celebrated across the world. At one time I used to think about people in Australia, who seemed to be featured on the news every Christmas Day: "it's not...

 
 
 
Stocks for Christmas? Gee Thanks Mom!

Have you read any of the "Rich Dad, Poor Dad" books? They are excellent books for people who want to increase their financial savvy. I have been investing in mutual funds and stocks for over 10 years and it has helped increased our family's financial worth. Now I want my kids to learn the different ways that they can get their money to work for them.

For Christmas, I got my 12 year old daughter stock in AFLAC and MDU. My 14 year old son got Emerson Electric and ITT Industries. As you can imagine, neither of them were thrilled with their presents. However, I also got them the game "Cash Flow 101" (you can find this on the Rich Dad, Poor Dad website or sometimes on Ebay). This game is great to teach kids (and adults)

 


how to make their money work for them. I recommend it highly.

Over Christmas, we spent almost one whole day playing the Cash Flow game. You are randomly given an occupation. My son was not excited when he got to be a janitor with minimal income and my daughter got to be a doctor. However, it soon became apparent that the doctor had much higher expenses and he learned that a janitor can still invest and make money.

I hope the next time I can tell you that the kids are going to NASDAQ everyday to check how their stocks are doing. Slowly but surely I think they are learning what it takes to make passive income (have their money work for them).

About the author:

Mother of 3, Loves to invest