Rowan Family Tree

Teaching financial management skills

May. 22nd | Posted by 2 comments

Back in February, the girls found a small radio in a geocache.  For a month or so, whenever they would travel, they would split the earbuds and listen to the radio. But the old little thing broke. So I suggested to the girls that they try to earn some money and buy a new one.

They have three money jars, and whenever they get some money, they split it between the three jars: the fun jar, the learning jar (for trips and higher ed) and the helping jar (to give to charity.) They already had $5 in their fun jars each… so they decided to collect bottles to add to it.

Well, after diligently collecting bottles for two months, I decided I would help them see the return on their invested time and energy. We took in the bottles, emptied their fun jars, and Mommy took them to buy a new MP3 player. I topped up the amount, of course, but the lesson was absolutely there. They got a splitter, two sets of kid headphones that actually ft and stay on, AND a panda-shaped speaker for their room. I have to admit, the speaker was really for me. They’ve been having a blast – they only listen to the headphones on trips, (like the 1 hour to Vernon!) but the panda speaker in the ir room has been used a lot. They were dancing to Puntomayo Islands and Tchaikovsky today. So cute!

2 comments Add a comment

  1. Venessa

    Great way to teach them about money!!!

    I’d love to know more about geocaching from your point of view! We’ve tried looking into it, but we’re not sure where to start!!!


  2. Nicky

    Hey Venessa – you might want to check this blog entry out: http://rowanfamilytree.com/2010/03/31/geocaching-fun-family-hobby/

    It’s fun and CHEAP!

    Cheers
    Nicky


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