Shortly after seeing the movie, Mister J spotted Toy Story 3 for Wii - and asked if he could use his savings to purchase it. Big J and I thought about it for a bit since Mister J would need to use some of his "save" money rather than his "spend" money. In the end, we agreed that a bigger purchase from his savings would be a great lesson in working hard - and saving - for larger items. We did ask Mister J to think about the purchase for a while to be sure it was really the way he wanted to spend his savings. We were just about to go on vacation for 10 days and decided that if he still wanted to make the purchase when we were back home, we'd take him shopping. Well, shopping day arrived!
Leaving Costco, about a month ago |
While we don't follow it exactly, we use the principles from Financial Peace, Jr., to teach our children lessons about money. We have attended Financial Peace University and although Dave didn't pay me to blog about FPU, I'd love it if he'd sponsor a giveaway. Dave's not reading - who am I kidding?- but if you'd like to know more, check out www.daveramsey.com. I'm also glad to share our experience, or you can type "financial peace" in the search box on the right.
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