Oct 9, 2016


We give our kids an allowance each month. It isn't a whole lot by today's standards probably, but it works for us. We don't just hand over money, though. We have a system. First, each kid sets aside their tithe. The rest of the money is divided into equal thirds. One third is for long term savings for cars and college and such stuffs. The second third is for short term savings, mostly for buying the Christmas gifts they love to shop for and give. And finally they have money they can spend.

This method is meant to encourage the "savers" to spend wisely and the "spenders" to save wisely. I'm not sure how well it is working, though.

Nate went to the store with his dad and mysteriously had money to spend on Pokemon cards. When they got home I questioned him and discovered that he had pulled money out of his short term savings envelope and spent it.

"Nate!" I admonished, "What is the base word for 'savings'?"

"Save," he admitted, sheepishly.

"Well, then, why didn't you save it?!?!"

"I DID save it! I saved it up to spend today!"

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