5 Tips to Get You Started
Ready to start your kids on an allowance program, but don't know where to begin?
Here are five starter tips, straight from Alec to get your kids started on the money savvy path.
Enjoy the video!
I love this video. Show me the courses!5-Day Allowance Challenge
If you've been considering allowance but haven't started,
your challenge starts on:
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Ready for more?
Begin Course 1 to start Your Elementary-Aged Child on the Money Savvy Path
Starting Your Elementary-Aged Child on the Money Savvy Path is broken down in to two modules:
- Allowance & The Piggy Bank Experience
- Spending, Income & Credit
Both are are designed so busy parents can learn quickly, in bite-sized video, and put those learned lessons into practice effectively and immediately.
Module 1 focuses on the allowance ritual and piggy banks. Rather than utilize a basic one-slotted piggy bank, Alec gives you the tools and know-how you'll need to transform a traditional limited allowance experience into a full ritual, one that includes a four-slotted piggy bank.
Replacing that old allowance day with your new "COR Day" experience, one that will be the foundation of your Cents of Responsibility, you'll focus on four slots: Spend, Save, Donate & Invest.
Additional resources may focus on what to do with these slots, but module 1 gives you the magic ingredient ... exactly HOW to use these slots.
Module 2 builds on the COR Day experience by providing the exact how-to instructions for carrying the four slots into practice, and providing everyday opportunities to teach your child about spending, income and credit. Whether you're in a store, buying something online, or strolling with your child through a mall, opportunities to engage and teach your child about money are all around you.
Through this course, Alec will help you recognize those moments, and give you specific strategies to harness them effectively.
The Audience:
Parents of elementary-aged children
The Promise:
After just one new allowance day, you'll notice a dramatic shift in your child's relationship with money. And after three, you'll be comfortable with an entirely new life-changing routine.
What's Included:
- Lifetime access to proven how-to instructional streaming videos
- Module 1: Allowance & the Piggy Bank Experience
- Module 2: Spending, Income & Credit
- The tools you'll need for your journey, including printable PDFs and a starter kit to be delivered by mail
- Unlimited access to the Cents of Responsibility community for 90 days
Our Team
Alec and Julie, longtime friends and neighbors, are the creators of the Cents of Responsibility methodology, and the communities that support it.
Alec, a longtime Financial Advisor and Chief Allowance Officer to two daughters, first brought his methods from the kitchen table to the outside world at Julie's request in 2018. Since that event promoting youth entrepreneurship, Alec has made it his mission to give parents the help and tools they need to raise their children into money savvy, financially literate adults.
Julie quickly realized that one of the most rewarding aspects of Alec's live sessions was the helpful dialogue and engagement between parents. As a parent of two, Julie found that peer sharing element to be a perfect complement to Alec's coaching. Julie now lovingly cultivates the Cents of Responsibility community to recreate that atmosphere in an online format as she adopts Alec's methods into her own home.
Cents of Responsibility Blog
On a weekly basis, Alec and Julie offer their thoughts on a variety of topics, all in support of the Cents of Responsibility mission. Accessible to all, the blog is a place for parents to keep up with financial literacy in the news, get tips for their own home, and access fresh ideas on a regular basis.
Have an idea for a blog topic? Make sure to email us your thoughts!
Cents of Responsibility Mission
The Cents of Responsibility method was founded by a family comprised of inquisitive children, proactive parents, involved grandparents, and as luck may have it, two financial advisors. Collectively, we discovered there was no holistic method (available to the public) to make sure our little ones grew into money savvy, financially literate adults. So we decided to create one.
Our mission is to develop and expand that method, and deliver it to parents so they can implement it at their dinner table. Our goal is to create an experience so that parents feel as connected to the message and mission as if they were sitting in our kitchen, working alongside our family. We aim to make it simple and straightforward to implement these important lessons and steer clear from abstract concepts.
Kids are not learning real-life money concepts like budgeting, saving, spending, and more through traditional school programs. It's up to us, parents, to teach our children financial literacy that will last their lifetime.
