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Showing posts from August 16, 2019

Now hiring! Mom has genius idea to teach her kids about money

Shaketha Marion McGregor  means business. Instead of arbitrarily giving her children an allowance, the single mom from Georgia created a hiring event complete with job applications and interviews. © Shaketha Marion McGregor/Facebook  Mom's genius idea McGregor shared the idea with her Facebook friends Tuesday and  it went viral  with more than 100,000 shares. The corrections officer said the wheels in her brain began turning after a recent shopping excursion with her kids Jahkeem, 13, Takeia, 10, and Serinity, 6. “I gave each of them a few bucks and said, ‘Spend it any way you want,’” McGregor told  TODAY Parents . “It was different than me buying them something — they were suddenly checking prices. I noticed they were more cautious because  it was their money . They wanted to save.” McGregor saw a “fire” in the youngsters for money management and it got her excited. "I started to think of ways I could teach them about credit and how to budget t...