10 December 2012

Three Jars

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We’ve been meaning to start H on an allowance for awhile now. Yesterday I finally sat him down we talked all about it!

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We also listened to a couple of these free podcasts about spending, saving and sharing money. I think it helps to have H not just hear from me, but hear someone else (even if it is just Elmo) talk about it too.

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He was pretty excited.

We decided to start him off at 5 pounds a week. (About the equivalent of a dollar). I have no idea what protocol is here, but this is what we decided. 5 pounds is easy to divide up and is a small starting point, which is good I think.

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Then he emptied his old Hippo bank and we divided up that money too.

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And here we go on a long journey of teaching our kids how to manage their money. Yikes!

1 comment:

  1. Well done on teaching fiscal responsibility! And your Christmas decor looks wonderful. Very homey! :)

    ReplyDelete

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