We all want our children to grow up knowing the value of money and we all have different ways of helping them to acheive this. I’ve read few posts on this recently, including a really interesting post over at The Madhouse about how Mummy Mad teaches her two the value of money and it’s really got me thinking.
At the moment Miss Frugal gets £2.00 a week pocket money in exchange for sorting the recycling out each night and keeping our shoe cupboard tidy. She takes pride in these jobs as they are ‘her jobs’ and looks forward to getting her money every Saturday. She then puts it into one of her many purses with her pretend credit card (AKA my library card) and pretends she’s going shopping.
We have a really cute pretend till that scans barcodes and makes a real beeping noise so you can imagine how much fun I have being the checkout girl 😉 It’s filled with lots of pretend money and even has a slot for me to swipe her pretend credit card!
When we’re out and about, I try to tell her how much things cost and I think that she’s getting a real sense now of the value of money. Hopefully I can build on that as she get’s older and help her learn how to manage her money better than I used to.
We don’t give Master Frugal pocket money just yet as I think he’s a bit young but seeing as he has his own set of (easy) jobs, I’m probably going to have to start giving it to him soon aswell!
Whoever said that children were expensive was certainly not wrong – good job they’re worth it though….