Teaching Kids About Money

  1. Jess Scott says:

    This is great!! We have talked to Cam about his money….he doesn't earn any yet, but my uncle always gives him a couple of dollars to put in his piggy bank. When we bought his bike, we asked him if he wanted to use his piggy bank money for it, and he kind of understood that he was losing all of his money! He was ok with it and was pretty excited about buying the bike with "his" mother (even though we paid for money of it). I do want to figure out a way to start teaching him about money, though. I always divided up my money into three categories: save, spend and give.

  2. Chelsea says:

    I love this 🙂 so cute !!!!

  3. I had that Berenstain Bears book! Its great to see good classic books with values and lessons transcend the times. Because I don't have kiddos I can't offer any advice but my parents never paid me an allowance and I never asked for money. Not sure how that all worked out but I am overly independent now as an adult.

  4. I still have my copy of the Berenstain Bears Trouble with Money from when I was a kid! That series was my absolute favorite growing up! Now the son does the series and they've added a baby cub and it is faith based, l-o-v-e it. I just realized we probably should have the money discussion now…

  5. Sara McCarty says:

    Such a great idea! We need to start doing something with money for Mac – he's been curious about it recently, so it's time. I love the Berenstain Bears books too!

  6. Oh I love this idea!!!! Lily is always wanting some monies for her piggy bank. We love the BB collection. They have such great life lessons!

  7. Aria likes the concept of getting and saving money in her piggy bank. Beyond that we haven't ventured yet. I agree though about having any allowance type thing separate from chores, those are just what you do as part of the family not to get money.

  8. I LOVE that you give Abigail an allowance to tithe! And my husband would love that you're teaching her about money so young (his favorite thing to do is budget – he's weird).

  9. Jenny says:

    We've just started teaching Callie about money and I always think of your fish post! I love that she's got an allowance not tied to chores. I def want to check out those books too! Callie is all about saving her money for new ipad games right now so anything to help teach savings and why sounds great!

  10. That's why she is so quiet in church 😉 hehe! I have a hard time on the chore part too. Certain things should be done because they are expected, and I won't pay for those. I have thought about one of those Extra $ boards only with a chore and the money you will get for doing it. Mine would just offer 1/4 of the amount you see on Pinterest ;). Hey, they don't know any better right?!

    We'll see you soon. Earlier tonight Emily was SO excited about seeing Abigail tomorrow, which I thought was really sweet.

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