At the Braves game, I didn't want to pay the $5 for cotton candy. After thinking about it, neither did Kyle or Jordan. Jordan decided that he really wanted an ice cream cone from the ice cream truck, but Kyle opted to eat the ice cream we had in the freezer. Both of them talk about how much money they are saving and how much money they will get at the end of the year when Mike and I will match what they have saved. Very cool.
I thought this idea from the BYU magazine was a great one and I had to share it with y'all.
10 comments:
That seriously is a great idea.
Haha!! That's a great idea....my kids money burns a whole in their pocket. Maybe I will have to talk to hubby about that one!!
We subsidize our kid's purchases by 1/2. It works out really great.
That's what Justin's parents did when he was growing up. It seemed to really work for them. And by college, all of the kids had a decent amount in their savings account. I think it's a great idea.
That's such a good idea. I am going to do it too!
Great idea! I wish my parents would have done this for me-- I'd have been a lot more motivated to save my money.
Way to go! It is so important to teach children about spending and saving and how much things cost! They will havae a great advantage when they become independent because they will know how to manage their money.
I love this idea.
Sounds like a great idea to me! Thanks for sharing!
So good to understand money and how it works early. I wish I had started a 401K when I was in my 20's . It was not even talked about then.
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