Teaching kids about money definately has it challenges. It is not for everyone, and I will be the 1st to say sometimes, it's not easy.
Yesterday in the mail I received my free silly bandz for the last blog post I posted... YAY!!! The kids were amazed that Silly Bandz would mail me something free. I laughed and as they wanted to "trade" with me... I smiled and said, I think I'll hold these for now.
They also have witnessed samples of deodorant, toilet paper, lotion, and even perfume make its way into my mail box over the past few weeks. They think its fun that Mommy gets so excited over mail!
My oldest decided he wanted a pair of Michael Jordan shoes... one of his friends has them and apparently this is the new in thing to have... we searched the sites and the pair he wanted were $130. For a 10 year old... ABSOLUTELY NOT! He rebuttled that he would just use his birthday money... well, instead of just giving it, we used this as a life lesson. We went online and googled for coupons. We found one for 20% off... great! This got the price down to $104. Still too much. I then found the same exact pair on Kids footlocker for $90... better.. but still.... He needed new shoes so my husband and I gave him $40 making his cost $50 + shipping. Then I scored a free shipping code... even better. Final cost for the $130 shoes? $82. His cost... $42. He was thrilled.
With the rest of his money he bought 6 lego sets, 2 DS games and a new DS... all of which he would've wasted on an extremely expensive pair of NIKE shoes... uhg.
Lesson learned... a penny pinched is a penny saved for a rainy day.
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