archive-com.com » COM » G » GALLOCONSULTING.COM

Total: 191

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • Psychology and Selling to Kids
    it s the parents job to provide them with the right values But even marketing professionals are starting to get concerned In a Harris Interactive poll of youth marketers conducted in 2004 61 felt that advertising to children starts too early Though we believe marketers should be more responsible for the messages they send we too believe that parents are responsible for monitoring and counteracting the impact of these messages and helping their kids learn to regulate their money behavior This is a much greater responsibility than it was years ago but it is one that any parent is perfectly capable of handling with the right knowledge and effort In The Shelter of Each Other Mary Pipher makes the point that survival in the modern world requires families to be intentional in their choices Parents need to protect their children from what is harmful and connect them to what is good and beautiful In other words we need to protect our kids by instilling positive values and critical thinking especially when it comes to commercials This can be done in a number of ways but here are some simple suggestions every financially intelligent parent should adopt Limit your child s exposure to commercials If you re watching with your child turn off the television or at least the sound when commercials are on A recent study by the American Psychological Association found that kids under 8 have a tough time distinguishing commercials from entertainment Encourage your child to spend at least some of his time in front of the television watching rented movies or stations without commercials Even better buy a PVR personal video recorder or DVR digital video recorder prerecord the programs and filter out the commercials You should also limit the time he spends watching television It is the accumulated and repeated messages of advertising that does damage Remember that television is not the only way our kids are being exposed to commercials Sophisticated internet sites like www neopets com attract millions of kids under 13 and offer games in which kids win points by viewing commercials As a parent you have the power to limit your child s exposure to commercials Counteract negative advertising messages When you and your child are watching television and a commercial airs that suggests a brand name can make you happy or successful explain that this isn t the case Don t deliver a long winded lecture just note that people become happy and successful based on hard work meeting goals and knowing themselves You don t have to counteract every commercial you view Every so often however provide your child with some real truth in advertising Capitalize on teachable moments related to advertising At some point usually when you re in a store your child will see a product featured in a commercial and say she wants it Ask your child if she saw a commercial for the product and what happened in the commercial If it seems like the ad

    Original URL path: http://www.galloconsulting.com/Financially-Intelligent-Parenting/financial-literacy/psychology-and-selling-to-kids/?replytocom=7 (2016-04-28)
    Open archived version from archive


  • money management
    values Engaging In Difficult Money Discussions Part II In our last column we were looking at why parents have a hard time talking to their kids about money and we began looking at some guidelines to having productive conversations about money with your kids Let s continue that exploration A close relative of the why won t you question is the why can t I question Filed Under Children and Money Modeling Values Talking about Money Tagged With children college discussion financially intelligent parent money money management responsible values Engaging In Difficult Money Discussions Part I One of the most important behaviors of financially intelligent parents is being able to talk to your kids about money Financially intelligent parents understand that they teach their kids a lot about money through their modeling behavior but they also understand that they teach them even more in day to day conversations that involve money Filed Under Children and Money Modeling Values Talking about Money Tagged With budget checkbook children credit cards discussion finances financially intelligent parent money money management responsible spending values Children and Allowances Part I When it comes to making money decisions kids are frequently impulsive In fact when it comes to making most decisions kids are impulsive It doesn t matter if the choice involves money food or friends they often react without thinking Children simply aren t born with the capacity for self observation and the ability to control their impulses Filed Under Children and Money Modeling Values Tagged With allowance budget children credit cards finances financially intelligent parent money management responsible values Becoming A Charitable Family All of us want our children to have a healthy relationship with money We want them to learn how to handle their allowances wisely to balance their checkbooks and not to abuse credit cards But a healthy relationship with money goes far beyond simply being a good money manager Our kids need to grow up Filed Under Charity Children and Money Modeling Values Tagged With charity children credit cards finances financially intelligent parent generosity money money management values Allowances Giving Your Children More than Money Part Two Let s continue our look at children and allowances that we began in Part One When and How Can the Allowance Be Renegotiated If your children consistently run out of money before the end of their allowance period you need to take a hard look at what is going on They may need help in creating Filed Under Children and Money Chores Modeling Values Tagged With allowance budget children finances money money management responsible spending values Allowances Giving Your Children More than Money Part One Although some specific money interactions with your children will prove important helping them open their first checking accounts doing charity work together helping them save their money for significant purchases allowances represent a particularly crucial challenge for parents Few topics generate as much controversy and confusion Consider just some of the questions and Filed Under Children and Money Chores Modeling

    Original URL path: http://www.galloconsulting.com/Financially-Intelligent-Parenting/tag/money-management/page/2/ (2016-04-28)
    Open archived version from archive

  • money management
    column I talked about my two year 1995 97 study of sudden wealth An incidental side effect of that study was the development of a three dimensional model of money relationships that is the subject of this column As part of my doctoral dissertation I reviewed the psychological literature dealing with money Prior Filed Under Financial Literacy Financial Reflection Modeling Values Talking about Money Tagged With acquisition bills finances money money management values Find Out About Your Money Personality Last year we were asked by VISA USA to help them create a money personality quiz that could be accessed through their educational website www practicalmoneyskills com Our initial reaction was a bit skeptical After all a number of pages in The Financially Intelligent Parent are devoted to the problem of credit card use and abuse by Filed Under Uncategorized Tagged With budget children credit cards financial planning money money management money personality The Banks Want Your Kids The Wall Street Journal recently ran a story about banks and other financial institutions that are starting to court young savers In the past it has been very difficult to find banks that would open checking accounts for 13 15 year olds which is a great time for them to learn how to balance a check book Among Filed Under Children and Money Financial Literacy Tagged With children credit cards finances money management responsible values Previous Page 1 2 3 Fill out the form below to begin receiving our Monthly Newsletter Finacial Literacy Tips and more right to your inbox About Us Helping families cope psychologically is essential for developing the refined financial intelligence most clients are seeking today Eileen Gallo Ph D Eileen Gallo is a licensed psychotherapist in private practice in Los Angeles where she assists individuals and families with the

    Original URL path: http://www.galloconsulting.com/Financially-Intelligent-Parenting/tag/money-management/page/3/ (2016-04-28)
    Open archived version from archive

  • credit cards
    starting to court young savers In the past it has been very difficult to find banks that would open checking accounts for 13 15 year olds which is a great time for them to learn how to balance a check book Among Filed Under Children and Money Financial Literacy Tagged With children credit cards finances money management responsible values Previous Page 1 2 Fill out the form below to begin receiving our Monthly Newsletter Finacial Literacy Tips and more right to your inbox About Us Helping families cope psychologically is essential for developing the refined financial intelligence most clients are seeking today Eileen Gallo Ph D Eileen Gallo is a licensed psychotherapist in private practice in Los Angeles where she assists individuals and families with the psychological and Read More Categories Charity Children and Money Chores Financial Literacy Financial Reflection Modeling Values Money Stories Talking about Money Uncategorized Archives June 2011 October 2010 Recent Articles The Seven Beliefs of Financially Intelligent Parents Part II The Seven Beliefs of Financially Intelligent Parents Part I Teachable Times Being Alert for the Moment When Money Messages Can Be Sent Spending Time and Money Consistent With Your Values Part III Spending Time and Money

    Original URL path: http://www.galloconsulting.com/Financially-Intelligent-Parenting/tag/credit-cards/page/2/ (2016-04-28)
    Open archived version from archive

  • Articles
    helping them open their first checking accounts doing charity work together helping them save their money for significant purchases allowances represent a particularly crucial challenge for parents Few topics generate as much controversy and confusion Consider just some of the questions and Filed Under Children and Money Chores Modeling Values Tagged With allowance budget children finances money money management responsible spending values The Ten Worst Things To Say to Your Children About Money Part II This entry is part 2 of 2 in the series The Ten Worst Things to Say to Your Children About Money In Part One we looked at six of the ten worst things to say to your children about money Let s continue by looking at the final four That s not an appropriate question If you want to make your child feel guilty about talking about money this response really does the trick Younger children especially ask Filed Under Children and Money Financial Literacy Modeling Values Talking about Money Tagged With children finances money money messages responsible spending values The Ten Worst Things to Say to Your Children About Money Part I This entry is part 1 of 2 in the series The Ten Worst Things to Say to Your Children About Money As parents we want to communicate openly and honestly with our kids about money so that they won t experience problems financial or emotional later But there are some words that should never leave our mouths What and how you communicate to a child about money determines not just if he s fiscally responsible but Filed Under Children and Money Financial Literacy Modeling Values Talking about Money Tagged With allowance budget children finances money money messages responsible values work ethic Chores and Money A Google Alert led us to some well thought out comments on both sides of our recommendation that allowances and family chores should be kept separate Is it wrong to pay kids for chores Filed Under Children and Money Chores Modeling Values Tagged With children money responsible values Using Genograms to Help Understand Relationships with Money My most recent Money and Soul column May 2001 introduced a three dimensional model of money relationships which examines each person s unique relationship with money in three separate dimensions acquisition use and management This column explores a tool that you and your clients can use to trace money personalities through several generations I use it in Filed Under Children and Money Financial Reflection Modeling Values Money Stories Talking about Money Tagged With affluence bills children estate expenses finances genogram money money management responsible values wealth The Psychological Education Of An Estate Planner In her column this month my wife Eileen introduces a three dimensional model of money relationships This model examines our relationship with money in terms of acquisition use and management For the last two years I have been using Eileen s model in my day to day estate planning practice as a means of helping clients select Filed Under

    Original URL path: http://www.galloconsulting.com/Financially-Intelligent-Parenting/articles/page/4/ (2016-04-28)
    Open archived version from archive

  • The Banks Want Your Kids
    S Bancorp Wells Fargo and KeyBank Young Americans Bank in Denver is a pioneer in banking for younger children Check them out at http www yacenter org The Journal points out that some of the banks also offer debit or ATM cards Depositing your teen s allowance to a checking account that comes with a debit card gives him or her an opportunity to be introduced to plastic in an environment in which you cannot overspend After all once the checking account runs out of allowance the card stops working But be sure the account doesn t come with overdraft protection Filed Under Children and Money Financial Literacy Tagged With children credit cards finances money management responsible values Speak Your Mind Cancel reply Name Email Website Fill out the form below to begin receiving our Monthly Newsletter Finacial Literacy Tips and more right to your inbox About Us Helping families cope psychologically is essential for developing the refined financial intelligence most clients are seeking today Eileen Gallo Ph D Eileen Gallo is a licensed psychotherapist in private practice in Los Angeles where she assists individuals and families with the psychological and Read More Categories Charity Children and Money Chores Financial

    Original URL path: http://www.galloconsulting.com/Financially-Intelligent-Parenting/financial-literacy/the-banks-want-your-kids/ (2016-04-28)
    Open archived version from archive

  • Why It Isn’t Nice To Fool The Tooth Fairy!
    and values One of our favorite examples of connecting money with values is the story of the six year old who tried to fool the tooth fairy When Maggie lost her first baby tooth her mother told her to leave the tooth under her pillow and the tooth fairy would bring her a dollar A few weeks later Maggie lost her second tooth This time she put the tooth under the pillow along with a note asking the tooth fairy to leave the tooth behind Sure enough the next morning both the tooth and the money were under the pillow That night Maggie s mom noticed that Maggie had put the tooth back under the pillow When she asked why they had the following conversation Maggie I m going to get more money Mommy I put my tooth back under the pillow Mom You can t do that You can t fool the tooth fairy like that Maggie Yes I can I ll sleep with my mouth closed Mom No you can t do that It s not right to fool the tooth fairy like that You re not being truthful in the way you re getting money If you want an opportunity to make some money tell me and Daddy and we ll see if we can find something extra for you to do around the house Every day situations arise where we as parents have the opportunity to help our kids connect the dots between money and values Filed Under Children and Money Modeling Values Tagged With children finances money responsible values Speak Your Mind Cancel reply Name Email Website Fill out the form below to begin receiving our Monthly Newsletter Finacial Literacy Tips and more right to your inbox About Us Helping families cope psychologically is essential

    Original URL path: http://www.galloconsulting.com/Financially-Intelligent-Parenting/modeling-values/why-it-isnt-nice-to-fool-the-tooth-fairy/ (2016-04-28)
    Open archived version from archive

  • Contact Us
    more right to your inbox About Us Helping families cope psychologically is essential for developing the refined financial intelligence most clients are seeking today Eileen Gallo Ph D Eileen Gallo is a licensed psychotherapist in private practice in Los Angeles where she assists individuals and families with the psychological and Read More Categories Charity Children and Money Chores Financial Literacy Financial Reflection Modeling Values Money Stories Talking about Money Uncategorized

    Original URL path: http://www.galloconsulting.com/Financially-Intelligent-Parenting/contact-us/#wpcf7-f575-p42-o1# (2016-04-28)
    Open archived version from archive



  •