Financial Skills – Writing Checks & Paying Bills

I was surprised when I asked parents to tell me the life skills they wish their kids knew, and there was a resounding request for a few topics:

How to open a bank account
How to budget & balance accounts
How to write checks and pay bills
And how to start saving for retirement

It seems some of the things we take for granted are, as a result, missing from what we teach kids.

In the last article, we focused on budgeting & balancing accounts. We even looked at games and contests you could set up for your kids. This article is the third article in the four-part series and will look at how to teach kids to write checks and pay bills.

Paying Bills

I was a bit surprised when several parents recently reported they had teens that were going to pay a bill by sending cash. I guess the obvious isn’t so obvious.

Paying bills is often done online, so it’s important to teach kids how to protect their identity online and store their login information where it can’t be stolen or accessed.

However, there are still quite a few companies that don’t offer online payments, and the only way to pay their bills is via check in the mail.

All kids should know why you NEVER send cash, and how to write a check specifically for paying a bill. For example: putting your account number and any other required details in the memo.

This brings us to the next topic: writing checks.

Writing Checks

When I was 12 years old, I went to outdoor ed. Oddly enough, part of the experience was that we could only write checks to buy goodies there, and our parents put a certain amount in our accounts so that we would also have to budget and balance our register.

Most of the kids were nervous! They weren’t sure how to fill out a check, and it was a great learning experience. I remember being nervous because we were required to fill out the amount in cursive, and I had trouble fitting it into the space.

These days, many kids never even think about writing checks because there are so many other means of transacting much more common; however, I’ve still found myself in need of checks for bills, paying contractors, and even helping me out of a pinch when I’ve forgotten my wallet.

Additionally, in my previous articles, I’ve expressed the dangers of using and relying on a debit card.

So how do you get your kids to learn how to write checks, and why would they care?

Getting Kids Involved

The best and most interactive way to teach kids to work a checkbook is to come up with a reason for them to write checks.

Here’s how it’s done:

Give your kids an old checkbook, play checkbook, or make your own (complete with a register). Then tell them in order to get certain things around the house, they’ll need to write checks. For example, to use their electronic device, there’s a rental fee that requires them to write you a check.

In addition, you can also give them a budget for the month to help them balance and budget their spending. You should balance a separate register so you can compare at the end of the month for accuracy.

Kids absolutely love this game.

Here are a few things you can charge for:

Using electronic devices
Watching TV (by the hour)
Special snacks or treats
Bicycle rental fee
Getting out of a chore (limited usage)

At the end of the month, if your kids keep a positive balance they get a prize. If you have more than one kid, whoever is the most accurate in balancing their register can also get a prize.

A variation is to cut off the privileges if they run out of money. Some think this is harsh, but it does mimic the real world.

Writing checks is simple, and most kids love to learn because they feel more like an adult in the process.

In the next article, we’ll discuss how to start saving for retirement. It could make the difference of over $200,000!

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Automobile Logo Designs – Moving the Automobile Business

The job of presenting a business image that attracts attention, creates curiosity and stirs emotions is carried out by the logo of an organization. Since a logo carries and shoulders a lot of important corporate responsibilities, designing a unique and creative logo is not as easy as it sounds. A logotype has to take care of many things and cover a lot of aspects before finishing the design. In order to come up with unique and awe inspiring logo designs, a logotype must first pay special attention to concept, execution and quality. The foremost and the most important thing that commands attention is the concept behind a logo. The only thing that makes a logo truly unique and creative is the concept, If the concept is not outstanding than the resulting logo would only live up to be average or above average at best.

Automobile Logo Designs

Automobile Logo Designs or Auto Logo Designs have a very rich and celebrated history. Cars have always been a symbol of status and luxury and the car manufacturing companies have always enjoyed a centre stage position with the media and the public eye. Automobile Logos usually have some form of automobile representation embedded into them by the designer. Some designers choose to use basic automotive forms and parts such as bikes, cars, trucks and their different components. Let’s suppose that a car tire manufacturer, seller, or agent needs to have a logo designed for his business. In this case the designer can use the shape, color, look and feel of a tire to express the nature of the business in a creative and unique way. Many automobile manufacturing companies also opt to animate their logos to give them a real life look.

While designing an automobile logo design, the logo creation should keep his focus on the exact them of the business or company. Let’s say that you are a Motorcycle store, and you business is selling heavy racing bikes to the speed enthusiasts. You wouldn’t like it a bit if the logo designer feature a car in your logo, would you? This is where the logotype had to pay special attention to details to carve out a most unique brand identity for the business or company he is working for. Automobile logotype are heavily influenced by certain color palettes and the most preferred colors for Automobile Logos are Red, black and blue since these colors are closely associated with the elements of power, speed and style.

Typically, dark color combinations are used in Automobile Logo Designs. Dark colors such as black, red or dark blue are used to attract attention by increasing mystery and adding class to the logos. Since cars are associated with adventure, excitement and the thrill of racing, these colors are used to make automobile logos more prominent, exciting and adventurous. Normally, the fonts used in automobile logo designs are freestyle or big fonts such as Gothic fonts. The preferred fonts of the automobile industry are fonts that have a sporty look and feel to them.

Automobile logotypes have the power to affect the overall sales of a particular brand of an automobile so it’s best to let an expert logo designer take care of this responsibility so you can enjoy the success of your brand.