Forbes – Neale Godfrey
“Now that spring is finally here, it’s that time again to think about shelling out money for a family vacation…With significant spending aimed at making the whole family happy, don’t you think it’s the right time to get the kids involved in the budgeting?…Vacations can be both a rewarding, learning experience, as well as fun for parents and children alike, if you turn the vacation into a family project from start to finish. When children take an active role in planning a vacation, they make an investment in their own adventure. To begin, set some cost and travel parameters, then have your kids go online to come up with some vacation ideas. Set a deadline for them to present their ideas to the whole family at a family meeting. They have to come up with ideas that will suit the whole family, within the budget…No matter how wealthy you are, I suggest that the kids contribute to the family vacation. It doesn’t have to be in actual money; it is just as valuable if they come up ways to economize during the trip. Again, these are important lessons that they can use throughout their lives.”(more)