Monday, November 1, 2010
So Charley received some birthday money this year...or rather two gift cards. The birthday money I think we are still going to stash in his savings account. But before his birthday arrived Ed and I had decided that it was time to let him have a little chance shop with his own money. We have never let him do this. He has always put it in the bank - and announces this proudly when he receives money. But we are really excited to see how he thinks about his money, how fast he spends it, what he spends it on, and whether he gets how much things are.
He has big plans...for the last week he has been telling me what he plans to do. Each day it is different.
Today when we ran into an office supply store for our board for the Halloween candy project there was a shelf of kids art stuff. There was some crazy boxes of things...but there was also some Crayola Art Boxes. The boxes were on sale for $5.49...normally they were 15.49! So it was a good deal. They came with full boxes of markers, crayons, colored pencils, water colors, scissors...oh, and glue. So I think it is actually a really good deal.
I remembered that Great Grandma had sent them each $5 of Halloween treat money so that solved the problem of having Charley walk out with some cool thing with sad little Henry following behind. So they both picked a blue one and off we went. When they got home they assembled their art boxes and have been puttering with them ALL afternoon. I am impressed.
The bank is still where my gut says to put all money they receive. But I am also struggling with the concept of money with Charley. He doesn't get that furniture, our house, or our bodies, cost a lot to care for. His Leapster game lays around without thought...he cut a slit in the handle thingy in our car...so I think one step towards teaching him the value of the dollar is to give him some dollars to spend. Then he can see that a candy bar costs this much and a Lego set costs this much.
We'll see what he does with his gift cards in the next week or two. But for today, I am one happy mama, because we had a busy weekend and I have been able to tidy up and breathe easy for a few hours this afternoon, thanks to these fine little briefcases that are so thrilling to my boys.
How do you teach the concept of the dollar...or respecting the things that your hard earned money pays for in your kids' lives?