Frugal Living
Splitting the Cost with Your Child
By Lisa, Mom of 3
Jan 21, 2006, 17:35

I have found out that if my children "want" certain items, that they really
don't need, (movies, toys, etc.)  then I simply "split" the cost of the items
with them.  They save up their weekly allowances and I match whatever they have
saved.  (there is a limit)  For instance, my daughter recently wanted a cd Walkman,
she saved up $15.00 and I matched it.  Therefore, she takes better care of the item
and learns about money, saving and spending.

Lisa, Mom of 3
Bartow, FL