Apr 8th, 2011 Archives

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Family Spending – How much is too much? PART 1: The Problem

Have you noticed how many children in middle school have cell phones, and how this trend is trickling down to elementary aged kids too? By chance have you noticed the child in the store holding his mom’s iTouch and playing Angry Birds to pass the time? How about a teen glued to their TV, lap top, or gaming system? Ever seen one of them totally zoned out while walking with their ear buds in and their cell phone glued to their thumb? This is what 9 Year Mortgage calls talented multitasking! Now, have you ever shook your head at any of these scenarios and questioned what the parents were thinking?

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Family Spending – How much is too much? PART 2: The Solution

What teenager does not have a cell phone these days? Teens use their phones to download music, access email, and to send endless text messages to the world. To cut back on costs, suggest to your children that you will pay the basics of their plan, but they are on their own for the rest of the bill. Kids will be a lot more responsible with their phone if they know they will have to pay for overage charges, ring tones, and exceeding their texting limit.

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