In one of my very first posts, I shared a short-term savings plan for Christmas gifts. Kids can totally learn to save for Christmas gifts and purchase them by themselves. I’ve found that it makes J feel good to save the money, think of thoughtful gifts, make the purchase and wrap gifts on his own.
Because we’re using FamZoo cards now, we decided to utilize both the budget and additional account features for J’s yearly Christmas gifts list.
Last week I saw a tweet from Adam at Money Savvy Daddy that said, “If you could teach your child just one money/financial lesson… what would it be?”
I love to learn what people are teaching their kids so I was eager to read the responses. Not surprisingly, many people said, “Save!” Saving is definitely important, but saving without context… how can that be successful? What are you saving for?
I don’t normally go out on Black Friday, but my sister and her husband came home this past Thanksgiving, so a trip to Target was in order. While shopping, I stumbled on a magical game called Pay Day.
A quick scan of the box showed that it was a money management game, and I knew I had to have it. Plus it was the “retro” edition, which made it even more desirable. (Why is that?)
I bought the game (for a discount because the Cartwheel price was lower than the in-store price) and we played our first game that weekend.
The rules are easy. Everyone starts out with $325 (in the retro edition). The board is a month, and before the game starts, you decide how many months you want to play.
(I know technically I’m in the middle of a series — on making your money work harder — but it’s my one-year blogging anniversary!! To commemorate the occasion, I penned a few thoughts.)
Last year at this time, I was working a job that I hated. I was bored and underutilized and every day dragged on end. less. ly.
My finances were on their way up — I was earning the most I’d ever earned and saving the most, too. But it wasn’t enough.