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07-21-2007, 08:30 AM
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#13
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Senior Mommysavers Member
Last Online: Today 06:38 AM
Join Date: Mar 2007
Location: Northern Michigan.
Posts: 445
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I have started to have my DS help in money decisions that involve entertainment. Last week, we planned to go to the new Harry Potter movie -- cost, $11.00. I planned to spend about $20.00 for the day. I explained that we could eat at Burger King for lunch or we could get a small popcorn at the movie. DS had to make the decision.
I think this will help him learn that it is better to know your budget, plan ahead, and make wise decisions. He does a good job!
The ice cream truck is just another symbol of our "got to have it now" mentality! I think there is another good money lesson there for kids in not joining the crowd. Have you seen the credit card commercial where the girl breaks the heel on her shoe? Some good looking guys swoop her up, find her a new dress, new hairstyle, and new shoes and she goes dancing down the road, like happily ever after! After watching that commercial, my DS says, "Yeah, but she has to pay for all of that later with interest! Whew!
Mar
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