Monday, June 2, 2014

Starting to learn money value

Starting this june, mommy and papa want to teach him about money and its value as well as delayed gratification
The rules :
- Richie has 3 coin banks : saving box (for buying toys), spending box (for buying sweets and snacks), charity box (for church offering)
- Mommy will give him 50 cent everyday for him to put into coin banks as he wishes
- When he helps mommy out to mind tromson, he will get 20 cent
- He only can buy toys, sweets or snacks as he wishes when he has enough money to buy
The lessons for him :
- Learns that money is not coming from tree or atm
- He needs to make his own decision where he wants to split the money
- Delay gratification : he needs to wait if he wants something to buy
- He learns that money is for sharing to less fortunate people through donation
Happy saving boy !
 

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