Friday, November 2, 2012

Today's Lesson

Ainsley has been giving money to God every week for some time.  A few months back when she asked for her money for God she decided she wanted to keep it for herself instead.  Ryan and I decided that this would be a good time to start giving her allowance and begin teaching her about financial responsibility.

Ryan set her up with 3 banks.  One is for savings and is a special piggy bank.  One is for God and is a clear mason jar she can empty out each week and bring the money to church.  And the last is for spending any way she wants.

She gets 3 quarters every week and is fantastic about putting the money in each jar.  I looked at the jars this week and noticed that the spending jar was starting to get pretty full.  Grampy gave her an additional $5 recently and so she actually had enough money to buy something.

We counted the money and put it in a baggy.  She had $9.67
We got in the car for a special trip to Target.  We went right to the toy section and right to the My Little Pony's.  There were some there that she liked but were over the amount of money she had.  She got to learn quickly that we can only buy what we can afford.  There were a couple also that were less expensive and not as cool.  And there were a few that would deplete her money completely.  She debated over which one to pick.  But then she settled in on the one that would take almost all her money.
We went to the cash register and she checked out all by herself.  I helped her count the money out and hand it to the cashier.  She was so proud of herself.  She was even excited about getting her own receipt.  She even had some money left to take home and put back in the jar for her next purchase.
My baby is growing up more and more every day.  We couldn't be more proud.

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