Last week’s exercise involved making the final choice for your first project. This entrepreneurial journey has been designed for adults and children to do together or separately with help and encouragement both ways. If you haven’t been following the series, last week’s post had all the exercises in it.

The Big Day has arrived - it’s time to make some money - not earn it, but make it! Like any act of creativity, making some money is immensely satisfying. Especially the first time. So, now you’ve chosen your product or service. You know where, how and to whom you are going to market it. Off we go! Now there are only two things between you and making money - action and your emotions… Continue reading »

Last weeks post in my Thursday Entrepreneurial Family series, Entrepreneur Challenge, sparked off some interesting results. I asked people (including children) to carry some money around with them all week. $20 or £10 for adults, less for kids. I have been getting some people to actually do the exercises in the series to track the results we get. My business partner’s 11 year old niece, S (don’t yet have her permission to use her name) said she would like to be included but she didn’t have a £5 note to carry around with her all week.

So she set her mind to solving this problem. She came up with two solutions… Continue reading »

No, this post isn’t about organ donation - more about finding money in the pursuit of joy. Thursdays are Entrepreneur Days on this blog. Today is only the second in the series, so we’ll start with the very first move you need to make.

There are different ways to make money, some are quick in-and-outs, (clearing out your old junk and selling it to someone as treasure, for instance) and some are longer term. All entrepreneurial activity, though, starts with a good idea. So, what are the elements of a good idea? Continue reading »

Heather’s post about the way we deal with debt influencing & shaping our children’s perception of money, got me thinking.

I have a 3 year old daughter, and she’s starting to become financially aware. As an example, only a couple of days ago she was playing with my wallet (as she is wont to do) and pulled out a five-pound note, and said:

“Hmm, I don’t have one of those. I need to put this in my boot-bank…”

I was just pleased it wasn’t a twenty! But what is the right response? How to deal with situations like this?

She has her own purse (and many handbags!) and 2 boot-banks that were given to her. Occasionally, when we run errands in town, she will tell us earnestly that she needs to take her purse to buy something. And she does. Usually something extravagant like soap bubbles or a new set of stickers… Continue reading »