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Handling Money

29-Oct-2014

It's very important that we teach our children how to handle money.  

I think it's important that they don't get paid for the chores they do around the house, that's what you do as part of our family team.  

It's a great idea to give children each week half their age in pocket money; divided into three:

A third is spending A third is saving And a third is family tax.    

For little children it's great to use part of their family tax for your charity giving so they feel involved.  

On holiday you can say, “Today is Johnny's family tax day. He is paying for our entertainment. If he gets a cheaper deal then he can use what he saves as his spending money.”