I needed to come up with a way to teach my kids the value of $$$ and encouraging them to help around the home. So, I’ve given them “jobs” for them to earn an “income”. It’s not much weekly, but, at the end of the year, it’ll add up to an amount that’s big enough for them. By then, it would make them feel proud that they earned it, and then feel much better working for something they bought instead of just demanding it from their custodial and non custodial parents.
Out of smaller cereal boxes, “banks” were made. It’s wrapped in Christmas paper to make sure they understand that this will be opened on the last day of the year. I sealed it to make sure that it won’t be opened regardless of our situation at any given week. If they’re up to it, they can decorate the boxes to personalize it more.
I’d open a bank account for them – but I think it’s better if the kids learn how to save hands on for now…..
This post will be updated on 12/31/13.