Homeschooling With a Large Family

Large Family Homeschooling Podcast

Homeschooling with a Large Family

Are you homeschooling 1, 2, 3 or 4 children? You may or may not think you are homeschooling a large family. Honestly, there are days I do think homeschooling 3 children is quite a bit different from homeschooling 1 or 2 children. However, I KNOW homeschooling 3 children is different from 4 or more.

I have learned a few ways of homeschooling my children. We have some subjects we learn as a family and a few I teach based on zones or combined teaching as I am able with my children.

While I love helping any Mom get her footing on solid ground with homeschooling, I know that I can’t really do a LOT to help Moms with more than 4 children. So, today, I have special guest, Amy (Raising Arrows) who currently has 7 children on earth and one in Heaven. She writes amazing posts helping Moms in their homes with organization, school and more than that, as a wife. Amy has also written an eBook called: Large Family Homeschooling I know you will want to read. So, I can’t wait for you to listen to today’s podcast.

You can find Amy on: her blog, facebook, twitter, google+, YouTube, Instagram and Pinterest

Homeschooling with a Large Family has been sponsored by Kerry Beck at How To Homeschool My Child. You can find Kerry on her website, YouTubeFacebook, Twitter, G+ and Pinterest.

Homeschooling Children with Special Needs

Special Needs Homeschooling Podcast Special Needs Homeschooling is a topic that is discussed more now than ever. No longer are parents under the impression that they can’t homeschool a child who needs extra help, but many are actually bringing home children who do have special needs.

When we brought one of our children home, we did so because we knew this child was struggling and the only way they would receive help would be when they began failing. We decided that was not in the best interest of our child. So, we began homeschooling one of our three. At the end of that first year, all three of our children were at home and we are now entering our 6th year of homeschooling.

On Today’s show, Jennifer Janes shares how she began homeschooling and realized the needs of both of her daughters. Each one created in the image of God and for His purpose and both with special needs that has grown Jennifer over the years.

I remember talking with Jennifer several years ago as she began to realize the needs her children had then. We prayed together, talked through possibilities and it was wonderful watching her begin the journey of being an advocate for her girls. I pray you will listen to this podcast and be inspired. Jennifer’s desire is to equip and encourage any parent who has a child with special needs. She writes about their journey on her blog JenniferAJanes.Com and welcomes questions through comments, Facebook, or email.

You can find Jennifer through: Her Blog, Facebook, Pinterest, Google+, and Twitter

Destination:Inspiration Podcast Episode #005- Homeschooling Today Magazine

On this edition of the show, Jen Reyneri speaks with homeschool graduate Ashley Wiggers from Homeschool Today Magazine and Geography Matters. Ashley speaks about her experience growing up and learning while traveling. Jen and Ashley discuss their love of learning, the importance of being hands-on with learning and experiencing the enjoyment of learning by experience. Visit more of Jen’s adventure community at Word Traveling.

Destination:Inspiration episode #010 with author Julie Gorman and talks LEGO LOVE with Wally from the Wally Show!

On this episode of Destination: Inspiration, Jen and dear friend Julie Gorman chat candidly about what homeschool looks like for a busy traveling author, her new book, and the power, grace and goodness of God’s workmanship- YOU!

We also get an inside glimpse of the amazing #LEGOLOVE project launched by Wally of Way FM’s The Wally Show to bless the children of Compassion International in Haiti.

Tune in- you won’t want to miss it!

 

D-I with Julie and Wally

 

Teens and taxes. Dollars and Sense Show #12

DollarsandSenseShow12

In this episode of the Dollars and Sense Show host Carol Topp discusses taxes and teenagers.

Show Notes:

A teenager files their own tax return! Do NOT add your child’s income to your tax return.

You can still claim your teenager as your dependent. They check a box stating they are claimed as a dependent on your tax return.

Major taxes affecting teenagers: earned income, unearned income, and self-employment tax.

Earned Income from a job or micro business (including babysitting). Federal income tax is owed if earned income is more than $6,100 (in 2013)

Unearned Income: interest, dividends, capital gains on taxable accounts in the student’s name. Federal income tax is owed if unearned income is more than $1,000. Between $1,00 and $2,00 unearned income is taxed at child’s tax rate. More than $2,000 unearned income is taxed at parent’s rate on Form 8615 (“Kiddie tax”)

Self-Employment Tax

Same as Social Security and Medicare for self-employed people. 15.3% of profit over $400. Unadjusted since 1954 (adjusted would be $6,250). Schedule SE attached to Form 1040. Reported on Line 56 under Other Taxes on back of Form 1040. (the “hidden” tax)

Example: $5,000 profit earned by single teenager. Income tax $0. SE tax $706!

If you’d like to see this changed, visit MicroBusinessForTeens.com/eliminate-tax-on-teen-entrepreneurs for a position paper you can share with your congressman.

Exception to SE tax for teenage Household Employee: Students under age 18 working in or around an individual’s home is a household employee are not subject to SE tax. Report wages on Form 1040 Line 7 with “HSH” as note. Examples: babysitting, lawn care, house cleaner

Teenagers scammed: Treated as independent contractor instead of employee.
Signs: Paycheck with no SS/Medicare withheld. Paid in cash. 1099MISC not W-2.
Action: Complain to employer. File complaint with IRS (Form SS-8) and Form 8919 to pay half SS/Medicare.

Resources

Teens and Taxes ebook by Carol Topp, CPA available at TeensandTaxes.com
Money and Taxes in a Micro Business by Carol Topp, CPA available at MicroBusinessForTeens.com
IRS Understanding Taxes website http://apps.irs.gov/app/UnderstandingTaxes

 

Tune in for the next Dollars and Sense show on March 27, 2014 when Carol will discuss 5 Money Myths that homeschool moms believe.

 

Gun Control, The Law & More

Gun Control

Gun control and so much more in this week’s episode.

Download the audio and share with a friend.

 

 

Teach teenagers about money: Dollars and Sense Show # 10

DollarsSenseShow10 In this episode of the Dollars and Sense Show host Carol Topp discusses teaching your teenagers about money.

Show notes:

Recap: Our motivation to be teaching kids about money:
Other people’s bad examples are all around us, including the US government.
Avoid excessive debt. College debt now exceeds credit card debt.
Someone is watching!
Avoid boomerang kids. We are raising adults, not children

How to Teach
Natural style. As you go about your day.
Real life examples.
Get someone else: Sunday school, Scouts, Homeschool co-op
Focused teaching: Family nights, games, books

What to Teach: Teenagers

  • What things cost and what jobs earn.
  • Career exploration. Post high school education.
  • Checking accounts and financial software (Ace Money Lite is free)
  • Budgets. One teenager is given $150/month in allowance, but she has to buy everything: clothes and gas.
  • Avoid credit card debt (but start building credit history in college)
  • Student loan debt. With her dad out of work, a college student chose a state school when show the debt she would have.
  • Taxes and federal spending
  • Entrepreneurship. Micro Business for Teens. Ethan pays his own cell phone bill. Linnea pays her way to China.
  • Investing. Stock Market simulation.

Resources:

Career Exploration article Pursuing Their Dreams: Career Exploration for High School Students
Schoolhouse Teachers offers my Career Exploration 8 week class

Free! National Endowment Financial Education (NEFE) High School Financial Planning Curriculum http://www.hsfpp.org/

Generation Change for youth groups and Foundations in Personal Finance for schools at http://DaveRamsey.com

Discovering God’s Way of Handling Money from Crown.org 10 weeks , individual or class

Money Matters for Teens Ages 15-18 Edition by Larry Burkett (oldie but still available on Amazon.com)

Micro Business For Teens books at http://MicroBusinessForTeens.com

Starting a Micro Business television show on YouTube

Our federal budget graphically displayed at http://WallStats.com

Tax return simulations from the IRS at Understanding Taxes www.irs.gov/app/UnderstandingTaxes

 

Tune in for the next Dollars and Sense show on February 27, 2014 when I will discuss tax breaks for homeschoolers.

Carol Topp, CPA

Teach pre-teens about money: Dollars and Sense Show # 9

DollarsSenseShow9

In this episode of the Dollars and Sense Show host Carol Topp discusses teaching your pre-teens about managing money.

Show notes:

Recap: Our motivation to be teaching pre-teens about money:
Other people’s bad examples are all around us, including the US government.
Avoid excessive debt. College debt now exceeds credit card debt.
Someone is watching!
Avoid boomerang kids. We are raising adults, not children

How to Teach
Natural style. As you go about your day. Real life examples.
Get someone else: Sunday school, Scouts, Homeschool co-op
Focused teaching: Family nights, games, books

What to Teach: Pre-teens

  • Allowance. Not always in cash. Try a clothing allowance
  • Savings Account. Power of compound interest. Match their savings.
  • What things cost. Houses, cars, pets, clothes, etc. Explain sales tax.
  • What people earn. Occupations.
  • Start earning money. Extra chores around the house or for family and neighbors. Really motivated kids should read Micro Business for Teens

Resources:

Boy Scouts and American Heritage Girls money badges
The Secret of Handling Money God’s Way from Crown.org Ages 8-12. 12 lessons. individual or class
Money Matters for Teens Age 11-14 Edition by Larry Burkett (oldie but still available)

Career Exploration article Pursuing Their Dreams: Career Exploration for High School Students
Schoolhouse Teachers offers my Career Exploration 8 week class
Micro Business for Teens
Starting a Micro Business television program on YouTube

Kids can play popular online money management games such as Road Trip to Savings, Financial Football, Peter Pig’s Money counter, Money Metropolis, Financial Soccer, Record shop tycoon, Burger Restaurant

I’m not familiar with these games, so if you have an opinion for or against, please drop a note in the comments.

Tune in for the next Dollars and Sense show on February 13, 2014 when I will discuss teaching your teenager about managing money.

Carol Topp, CPA

 

Debt Crisis

CurrentIssuesConstitutionThe debt crisis — is anyone listening? This session discusses one of the most pressing problems in Professor Wilson’s opinion that is undermining the US Economy here and abroad. Other issues are discussed as well!

Please share this show – using the social media icons above with a friend!

 

 

 

Teach kids about money: Dollars and Sense #8

DollarsSenseShow8

In this episode of the Dollars and Sense Show host Carol Topp discusses teaching your elementary age kids about money.

Show notes:

Our motivation to be teaching kids about money:
Someone is watching!
Avoid boomerang kids
We are raising adults, not children
Other people’s bad examples are all around us, including the US government.
Avoid excessive debt. College debt now exceeds credit card debt.

How to Teach
Natural style
Deut 6:6-7enThese commandments that I give you today are to be upon your hearts. Impress them on your children. Talk about them when you sit at home and when you walk along the road, when you lie down and when you get up.

Get someone else: Sunday school, Scouts, Homeschool co-op
Focused teaching: Family nights, Games, Book work

What to Teach: Elementary kids

  • Divisions of Money:Give, Save, Spend. Bank with three compartments
  • Money is limited. They must make choices.
  • Delayed Gratification.
  • Plan ahead. Create a shopping list. Plan a dinner. Start an allowance. Have them save for a goal.
  • Respect things. Furniture, other people’s items, pick up their clothes, don’t lose your calculator

 

Resources:

Family Times Virtue Pack (songs, meal time cards, bedtime stories, etc) from www.Crown.org
ABC’s of Handling Money God’s Way www.Crown.org
Money Matters: Family Night Tool Chest by Jim Weidmann
Junior’s Adventures and more from Dave Ramsey
Books by John Rosemond

 

Tune in for the next Dollars and Sense show on January 30, 2014 when Carol will discuss teaching your pre-teens about managing money.