My kids are a little too young I think, but I've thought a lot about how to teach kids about money and would be curious to hear others' thoughts.
There is the core component of money being a vehicle for kedusha (using it for tzedakah, hidur mitzvah, etc) but some other concepts I imagine being harder to teach are money's ability to generate more money when handled correctly, and also money's finitude. Especially with money being so electronic these days...
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mysterious-tomato-10057
01/19/2023, 2:17 AM
Its hard to explain bc it's a unique relationship, but here is the best I've come up with so far.
International exchange student who is paid (a federally determined amount) to watch your kids up to 45 hours a week. You provide room and board and pay the program fee.
Flexibility example, we are going away this upcoming shabbos and going out motzei shabbos. She comes with us on the trip, she gets to do whatever she wants shabbos then comes back to watch the kids after and we can go out. Child care that travels with you.
Here is one of the matching programs to learn more.
https://culturalcare.com/
From a thread in #general
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microscopic-psychiatrist-27869
12/04/2023, 2:04 PM
TIL that MD 529 can use $10k per beneficiary (possibly per contributor so double if married) be used for K-12 tuition. The first $2,500 contributed to a MD 529 each year is state tax deductible