Greatest Gift's Blog

The main purpose of a diaper fund is to buy diapers and wipes, you can also use it for other baby supplies. This includes items like diaper rash cream and baby lotion. The flexibility of a diaper fund makes it a very practical choice for new parents.

It’s all about being open about what you need and why. Set goals and share them, let people know how the cash gifts will be used. Choosing the right words can make asking for cash gifts feel comfortable and thoughtful. 

Chore charts show who needs to do what and when, making it clear and fun. Chore apps make this even cooler, letting you manage everything from your phone, including paying allowances. Or, get crafty with a DIY chart using stuff like whiteboards or paper. 

Chores offer a chance to learn, grow, and even have fun together as a family. Too many chores however can cause pressure or get in the way of homework or playtime. Finding the right balance is key.

Starting an allowance is a great way to teach your child about money. Start with setting goals, then continue with making rules, choosing tools like piggy banks and apps, and guiding them on saving and spending. It's not just about giving money; it's about helping your child learn to manage it wisely.

Looking at Babylist and Amazon, both have their perks for soon-to-be parents. It really comes down to what you like more when you shop. Choosing the right baby registry is about matching features with your personal needs. Using both Babylist and Amazon can give you the best of both worlds. 

Babylist offers a modern tech platform dedicated to making the journey to parenthood smoother and more enjoyable. It's comprehensive, easy to use, and when paired with Greatest Gift, it becomes an unbeatable combo for preparing for your baby's arrival. 

Babylist cash funds work like an item added to the registry list. You can add multiple cash funds, one for each goal that you are saving for. Combine Babylist with Greatest Gift to meet immediate needs and future financial goals for your baby’s journey.

Chore and allowance apps are the new to manage household tasks and teach financial literacy at the same time. BusyKid - GoHenry - Greenlight - FamZoo - S'moresUp.

Matching daily chores by age ensures kids are engaged and capable of completing their tasks. Children can start doing simple tasks around the house between two and three years old.

Putting toys away daily, watering plants, and picking up yard litter are just a few examples of great chores for 5 year olds. Learn the Dos and Don'ts of chores for younger kids.

Mixing paid and unpaid chores can teach kids about helping the family and managing money - all in one go. A basic guideline is $0.50- $1 for simple tasks for younger children, scaling up to $5 or more for complex tasks for older children.

Each graduation stage from kindergarten to college has its own norms for gift-giving. In 2023 the average high school and college graduation gift amount was $116. Middle school, elementary, and kindergarten graduations typically have lower gift amounts.

The Amazon Diaper Fund is a feature within the Amazon Baby Registry that allows loved ones to contribute cash towards your diaper purchases. 1. Navigate to Your Registry - 2. Locate the Settings - 3. Locate the Gift Options - 4. Enable the Diaper Fund - 5. Share Your Registry.

How much should the Tooth Fairy give? What are some creative ways to present this token of growth? In the US, the Tooth Fairy is leaving an average $5 per tooth. We often see parents doubling the amount they give for the first and last tooth.

On average, parents tend to slip about five dollars under the pillow on behalf of the tooth fairy. The amount can vary widely. It's a simple exchange that has turned into a tradition. Make each visit from the tooth fairy a magical and unforgettable experience.

You can start investing for your kids as soon as they are assigned a social security number. Start with setting up a custodial account, fund the account, and buy stocks for your kids. Choose from UTMA, Roth IRA, or Teen investment accounts.

Getting an allowance can be a child's first step into the world of money. Most parents start giving an allowance when kids are between 5 to 7 years old