Thursday, November 14, 2013

If You’ve Got the Money, Honey

Last week as we were driving to school one morning, the kids brought up the subject of their money.

It lead to a discussion about things that we can do with our money – spend it, save it, donate it.

I told the kids that they could each choose what they wanted to do with the money that they had in their piggie banks.

Of course Mr. Lego Lover immediately decided that he wanted to spend his money on a new Lego set.

Saturday after getting back from visiting the monarch butterflies and the beach, we had a money counting lesson.

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We then went online, looked up Lego sets, and figured out what Trenton could afford.  Target had the set that he wanted in stock at the store here, so we told Trenton that he could buy it after church Sunday morning.

Sunday morning before leaving for church, Trenton asked if he had enough money for the Lego set and to put a dollar in the collection basket at church.  Boy were Jarrod and I proud!  And I think Trenton was pretty proud to put his own money in the basket at church.

After church we went to Target, grabbed the Lego set that Trenton had picked and went straight to the checkout.

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Trenton handed his bag of money to the cashier and was good to go!

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He got right on building as soon as we got home from a birthday party Sunday afternoon, and had a jet built in no time.  And a few days later he built a racecar.  He still has a robot that he can build out of this set, and I’m sure it’s coming soon.

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Charlotte decided from the get-go that she wanted to put her money in the bank so that it could “grow and grow and grow into lots and lots and zillions of money!”.

Yesterday was our trip to the bank.

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Charlotte is now patiently waiting for the $86.58 that she deposited to make her rich!

And Trenton is waiting for his leftover $1.91 that he deposited to grow into enough money to buy another Lego set.

These kids could be waiting for some time….


Chelsea Phelps said...

Haha your kiddos are just the cutest!!


Charlotte said...

What a fantastic idea. I always intend to put the kids money into their bank accounts but really the choice should be theirs, as long as they understand! Hmmm thank you for the food for thought! x

Hilary @ Peanut Butter Spoonfuls said...

So impressed with both of them, saving and donating! I think it's great you are teaching them these things so young.

Nicole said...

Oh my goodness! Such different money styles just like our house.

Jenn said...

So sweet that he still gave a dollar at church!

Jessie said...

My little boy is always talking about his "moneys" too. Way to teach a little money savvy-ness.

I'll Love You Forever said...

haha, such darling kids! They are so cute!
Love them!

Rachel Ross said...

That's so good you're teaching them about money so young! I need to start doing that with Brady!

Jennifer Martinez said...

your little girl!! I love her outfit!