Comments on: Tips For Teaching Your Children To Save Money http://www.remodelingthislife.com/2008/06/26/tips-for-teaching-your-children-to-save-money/ simple. frugal. fabulous. Thu, 11 Mar 2010 21:32:54 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Jolene http://www.remodelingthislife.com/2008/06/26/tips-for-teaching-your-children-to-save-money/comment-page-1/#comment-2168 Jolene Mon, 30 Jun 2008 21:23:09 +0000 http://www.remodelingthislife.com/?p=399#comment-2168 Thanks for the great tips! I am actually trying to teach my children about saving money but I am also tieing them in with chores. My children are 3 and 5. I just made a weekly chore chart today actually...easy chores such as helping mommy with laundry, washing table after dinner, picking up toys, etc. Easy stuff that they are both aware that needs to be done and how to do them. Anyways....My own "chores" are posted as well, just to keep myslef on track and their chores blend in with mine. Which helps alot. At the end of the week, they both recieve allowence for doing their weekly chores. They have a piggy bank which they put the money into. Trenton gets $5 and Carter gets $3..and it will up a doller every year. I donot push the chores on the kids but they really like to help and "earn" their money at the end of the week. Sometimes they dont feel like doing stuff and thats ok. But they still recive money at the end of the week for participating in the majority. So anyways...thanks for the great tips! Thanks for the great tips! I am actually trying to teach my children about saving money but I am also tieing them in with chores. My children are 3 and 5. I just made a weekly chore chart today actually…easy chores such as helping mommy with laundry, washing table after dinner, picking up toys, etc. Easy stuff that they are both aware that needs to be done and how to do them. Anyways….My own “chores” are posted as well, just to keep myslef on track and their chores blend in with mine. Which helps alot. At the end of the week, they both recieve allowence for doing their weekly chores. They have a piggy bank which they put the money into. Trenton gets $5 and Carter gets $3..and it will up a doller every year. I donot push the chores on the kids but they really like to help and “earn” their money at the end of the week. Sometimes they dont feel like doing stuff and thats ok. But they still recive money at the end of the week for participating in the majority. So anyways…thanks for the great tips!

]]> By: Faerylandmom http://www.remodelingthislife.com/2008/06/26/tips-for-teaching-your-children-to-save-money/comment-page-1/#comment-2141 Faerylandmom Sun, 29 Jun 2008 03:37:46 +0000 http://www.remodelingthislife.com/?p=399#comment-2141 Might I ask how old your kiddo is, and how much he receives? Our oldest just turned five, and we are trying to figure out an affordable allowance system. I like a lot of your ideas...they make sense. Might I ask how old your kiddo is, and how much he receives? Our oldest just turned five, and we are trying to figure out an affordable allowance system. I like a lot of your ideas…they make sense.

]]> By: Sara http://www.remodelingthislife.com/2008/06/26/tips-for-teaching-your-children-to-save-money/comment-page-1/#comment-2120 Sara Thu, 26 Jun 2008 23:17:43 +0000 http://www.remodelingthislife.com/?p=399#comment-2120 I don't have kids, but I really appreciate the specific tactics you've outlined. Developmentally, young kids simply don't see the big picture. The idea of physically breaking goals into smaller pieces (with the picture) would be much more concrete for them. Miranda, I wouldn't be surprised if your young ones still use a form of that system (breaking large purchases into small chunks) well into adulthood! I don’t have kids, but I really appreciate the specific tactics you’ve outlined. Developmentally, young kids simply don’t see the big picture. The idea of physically breaking goals into smaller pieces (with the picture) would be much more concrete for them.

Miranda, I wouldn’t be surprised if your young ones still use a form of that system (breaking large purchases into small chunks) well into adulthood!

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