Friday, I read a post on Examiner.com entitled “Public School Enrollment Increasing Due to Economic Crisis“. Is this true? I don’t know.

Certainly no one can argue that money-wise things have gotten tough and will likely get tougher! Many people, if not fearful, are concerned, very concerned about the economy’s effect on their family and lifestyle. Many  have begun tightening and re-tightening their belts. Tough choices are being made.

The author, in the above mentioned post, wrote that many homeschoolers are considering putting their kids back into public school because the cost of home school is too expensive in today’s economic crisis. She stated she personally knew homeschoolers who are considering public school as an option in order to cut household expenses and to allow the homeschooling parent to get a job to further ease the financial pressures.

For any of you who may be considering the tough choice of putting your children in public school for financial reasons, may I encourage you to take your time in making this decision.

1. Pray. Ask God to show you His desires. Ask Him to reveal to you ways you can either increase your income or decrease your household outflow. Ask Him to show you creative ways to homeschool and to bring others alongside.
2. Consider why you began homeschooling in the first place and carefully, prayerfully reconsider those reasons. Have any of them changed? My guess is, if anything, they have grown stronger. Read the rest of this entry »

I’ve been spending a lot of time talking about money and the need for us to be teaching our high school students how to handle finances responsibly. Knowing how to handle money wisely will make a huge difference in their lives when they graduate high school and are on their own in the real world.

Let me side-track for a moment….if you read Teaching Teens Real Life Money Skills: What We’re Doing, you’ll remember by “rant” about one of my pet peeves regarding young people not knowing how to make change. Well, it happened again last night. The bill was $5.81. I handed the cashier $6. She entered it into the register and it showed her she needed to give me .19 cents in change. Then… I did the unthinkable, I said, “Oh wait, I have a penny” and held it out. She looked at the register, said “Ah”, “Ah”…. “I can’t take it because I’ve already entered it into the computer and it shows me how much change to give you.” I just sighed and took my .19 cents. My grandkids were with me and were surprised. My grandson, with his sweet, sensitive heart, said “Maybe she’s just tired.” Yeah, maybe…

OK, end of rant and back to the topic at hand: our kids need to know how to handle money, especially in this economy.  It’s part of life, a huge part. To help you with this, Read the rest of this entry »

UPDATE: For several reasons, the Carnival of Relaxed Homeschooling has been permanently canceled.

Greetings! Just wanted to give you an update re: the status of the new Carnival of Relaxed Homeschooling that was supposed to make its debut today. Well, obviously it didn’t.

I think I got a little over zealous and didn’t give myself enough time to prepare and promote it which meant that I didn’t receive enough submissions to pull it together.

So…I have moved the date up one month & unless the dog eats my homework (again ), I should have enough time to do the necessary legwork. In the meantime, feel free to let others know and feel free to submit a post. While called it’s the carnival “Relaxed Homeschooling”, feel free to post about anything related to relaxed, eclectic, lessons learned from life, etc. that applies to homeschooling. Also, submissions don’t have to be new; it’s OK to dig around your blog and submit something written long ago.

Lord willing, the first CoRH will be the Monday, April 6. Deadline for submissions will be Monday evening, March 30th.  For more info or to to find out how to submit a post, click here.

My apologies for any confusion!

Whose brain has been muddled all day! Ever have one of those days…..

We are a nation of consumers. We want what we want when we want it. Perhaps our plastic “money” should contain the slogan “Buy Now, Pay later.”

Gone are the principles of previous generations of “saving until you can afford it” and “when the money in the envelope is gone, it’s gone. Period. Make do.” We are over our heads in debt.

Or as US News and World Report puts it:

For more than four decades, our shopaholic nation has shown an insatiable desire to spend until our credit cards melt. … Indeed, it often seems that we have defined ourselves by our ability to buy supersized everything, from McMansions to tricked-out SUVs to 60-inch flat-screen televisions—all enabled by decades of cheap credit.

Consider just a few statistics from, interestingly enough, CreditCards.com:

• 55 percent of credit card users keep a balance on their credit card
• The average American with a credit file is responsible for $16,635 in debt, excluding mortgages
• The average credit card indebted young adult household now spends nearly 24 percent of its income on debt payments
• Total U.S. consumer debt (which includes credit card debt and noncredit-card debt but not mortgage debt) reached $2.55 trillion at the end of 2007, up from $2.42 trillion at the end of 2006
• Young Americans now have the second highest rate of bankruptcy, just after those aged 35 to 44.
• U.S. consumers racked up an estimated $51 billion worth of fast food on their personal credit and debit cards in 2006

Book One: How to Understand Economics in One Hour

This year we tackled a ½ credit course of Civics. A large part of our course was a study of Economics, which I confess, I knew very little about. Our primary text for economics, which I highly recommend, Read the rest of this entry »

UPDATE: For several reasons, the Carnival of Relaxed homeschooling has been permanently canceled.

There’s a new carnival coming to town, the Carnival of Relaxed Homeschooling!

If you use relaxed or eclectic methods in any or all of your home education, you have something of value to share that can and will benefit other homeschoolers! Your submission can be anything related to relaxed homeschooling:

• Ideas
• Why you use this approach
• Encouragements or discouragements
• Successes and/or failures
• Reactions of others
• What your kids think
• Anything……

What in the world is a blogging carnival anyway?

Read the rest of this entry »

In the previous post I talked, perhaps more accurately, got on my soapbox about how crucial it is to teach our kids to handle money. Learning real life money skills can and ideally should start at an early age, but if it hasn’t, it’s never too late to start, even at the high school (or adult) level.

Let me share with you some practical things we have been doing to learn about and improve our real life money skills that might give you some ideas for your family. (As a side note, this has become a learning process for our entire family )

Responsibility for purchases

The first thing we did was give each of our teens their clothing budget money – the amount we would have spent on them – and let them manage it.

Lessons learned:

• How fast it could go – looked like a lot of bucks at first, but went very quickly
• How to shop smarter and stretch the money
  • Now they check out sale racks first
  • Don’t buy anything if it’s not on sale
  • When they have time, they shop at thrift stores.
• Brand names aren’t worth the price tag
• Shock at the amount of money some of their friends spend on clothes & how important brand names are to them

Checking Account

One of the next things we did was open up a checking account.

Read the rest of this entry »

Do you agree that we as a country are in big financial trouble? Do you think it would be difficult to find an American adult who would disagree?

At every level, from families to local governments to the national government, we don’t live within our means; we overspend. The mindset of  “buy now, pay later” permeates our culture. We are up to our eyeballs in debt! As Dave Ramsey succinctly puts it:

“We want it all and we can borrow to get it all before we can afford it all.”

Consider these alarming statistics about students who graduate from high school:

• They lack basic skills in the management of personal financial affairs (1)
• Many are unable to balance a checkbook (1)
• Most simply have no insight into the basic survival principles involved with earning, spending, saving and investing. (1)
• Of the 6,000 students who took the Jump$tart personal finance survey in 2006, 62% received failing scores with 60% being the lowest passing grade. (2)
• A study of 1,065 teens found that 21% of 18 and 19-year-olds have credit cards. (2)
• Nearly 1/3 of high school seniors already use a credit card (2)
• By the time they reach their senior year, 56 percent of students carry four or more credit cards, with an average balance of $2,864. (2) Read the rest of this entry »