Suddenly the penny that was laying on the floor became the catalyst for World War III. Is this just at my house?
My children
As I was reading the Duggar's book (at least I think it was their's), I read of an idea to form a family bank.
BRILLIANT!
I dug out a money box that we use at every.single.unsuccessful. garage sale that we've ever held and called the kids together. Each child had to bring their cash stash to me. I counted each one's and wrote down their total in a small notebook.
(Sam's vacation deposit was
spending money left over from
our vacation)
I separated out the money into their compartments and now (the pure genius of it), no one knows who's money is who's.
Glory, glory, hallelujah!!
In the notebook, everyone has their own page for me to record their deposits and withdrawals in. If they find or are given money, they are required to put it in the bank. If I find money in the laundry or on the floor, it goes directly into the vacation fund jar, despite pleas of, "but that's mine!"
One of the best things I love about this system is that at the end of each month, Daddy and I look at their total and give them 5% interest on what they have in there. Now not only are they not fighting about who's money is who's or bemoaning the fact that they last $1 of their birthday money, they're learning the benefits of saving.
There's also the added bonus of a less grumpy mama. That's priceless!


Ya-Ya Summer 2010




