Everyday dose of Reality
I opened an in-house candy store yesterday. Trying to teach little kids to save or how to spend their money wisely is extremely hard with older kids. The other day at the grocery store I notice how the kids flocked to the candy machines at the front of the store, before we even shopped. An idea came to mind! I bought a bunch of different kinds of candy in bags for the house. Once I got home I pulled out this cabinet thing I had in one of the rooms. I filled it with different candies and put it in my office along with my change tin I keep.
I was tired of giving them an allowance for their chores and the money just being wasted or flat-out gone. So the idea is that now they can buy a gumball for a penny or a sucker for a nickel at home. The money collected from the candy store goes into the tin and is reused for their next allowance … or into their bank accounts split evenly among the kids. I am hoping that by doing this, when we go to the store they are dulled to items there. I have noticed over the past few days of running the store, they think more about what they want to buy. Next trip to the grocery store I will let them pick out the types of candy to put in our home store. Maybe that will also help, we will see. So far it has changed them and how they look at money. You just never know when I might put 2 chocolate bars in the store and they will have to save fifty cents up for one. At least they are being a bit more strategic and there had been more sharing happening. This is a good thing 🙂