Tuesday, April 22, 2014

#54 - Pay the kids their allowance (personally) every week for a month

I have {loosely} given Ryan an allowance for a few years now, but rarely, if ever, actually handed him the cash. Someone told me about an online piggy bank website that tracks how much you owe your kids, let's you make virtual withdrawals and increase their allowance at any time, so I've relied on that to tell me what I owe Ryan. And let's just say I owe him a lot. He has 184 week's worth of allowance that I need to deposit into his savings account!

But times, they are a-changin'. We wanted to start teaching the kids to be responsible with money, saving and giving before they spend it all, and it's worked out beautifully. We're about 5 weeks in and the kids are officially in the habit of asking for their allowance every Saturday. Even Jason looks forward to getting his 4 quarters! #54 is crossed off the 101 in 1001 list!
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