Monday, June 8, 2009

Money Monday

Teaching our Family about Money

As we learn to manage our money better let us also teach our children those lessons.

LDS Living Magazine has a great article about how to teach your kids about money. Click here.

SmartPiggyBank is a site that helps your kids learn how to manage their money.

At my house my two older kids have divider banks. I t is basically a long box with three separate sections. First is tithing, then savings, and then FUN! We tithe 10% of our increase. Then we put 10% into savings. The rest is theirs to spend. They have learned to love the toy clearance isle. LOL!! Tyler has learned to save up for bigger Lego's and Elizabeth has learned it is sad to go broke over Whoppers. Kids will be kids.

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