I really think it is important for our kids to know how much things cost. Not continuing to think that money grows on trees or in a secret pocket in my purse.
I am showing them by example with my compacting and now I am taking that a step further. I am going to love this!
This week we will start to give them an allowance.
10 % to go to savings. IE: The Disney account I have started at the bank.
10 % to go to church.
80 % for them to spend or save how they choose.
I am not longer going to buy their gum, mints, bag of Twizzler's they will die without, make-up, hair stuff, trading cards or whatever...
Yes, I will continue to buy necessities like deodorant, toothpaste and soap!!! :)
The rest is up to them. They will have to decide what's important to them and plan ahead. I will help them keep a log of their money and how it's spent.
I'll let you know how it goes!