A couple of years ago, my son came up to me, and asked if he could start getting pocket money on a regular basis.
I asked him if he needed to buy anything?
“Yes, I need many things. So, I thought I would plan out what I need, and buy it with my pocket money”, he said.
We agreed on an amount, and a few chores that he needed to do to earn a portion of the pocket money. The deal was signed.
After a few weeks of saving up, one evening, he came to me with a list of things he wanted to buy.
So, we went down to the local super-market, and a stationery shop.
My son looked for all the items he wanted, noted down the prices, added, subtracted, deleted and prioritized…and then guess what?
He did not spend even a single cent!
I asked him for the reason.
He mulled over my question and said, “Things are so expensive, I have to plan better.”
I smiled. Kids…give them their own money and they are loath to spend it!!
that is so cute π
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Thank youπ
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Good one, Nimi!
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Thank you John
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You are blessed to have such an mature child π
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ππ not sure if it is maturity or the fact that it just hit him that he couldn’t go to the shop and just pick up whatever he wanted. A lesson every kid should learnβΊ
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Very true a lesson for every kid π
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How thoughtful of your son. Mother has done a great job. π
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Thank youβΊβΊ but too early to say if I can take creditπ
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It’s good, he will be thrifty. I don’t think every child would have taken this the same way he did.
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Hmmm…let’s hope the trend continues
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Oh yes, for sure.
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My son is almost thirty and is still like that. Somethings never change.
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Hopefully my son continues this ππ
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Haha nice story, I can totally relate! I started waiting tables my senior year of high school, made about $12 an hour. Me and my friends would go out to get ice cream, and I’d look at it and go, “This ice cream isn’t worth a half hour of working my butt off. Not buying it!”
Best way to save money is to earn it!!
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Lolπ .Thank you Tom, for reading this, and the follow. I look forward to reading your blog too
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I will try my best to follow your blog! Sometimes I’m terrible at keeping up with people.
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No worriesπ
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That’s amazing self discipline.
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Hope it lasts π
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So true Nirmala. Have seen it with my daughter too..her pocket money is largely untouched.
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Yes Sash..ππ
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Clearly you have taught your son many positive lessons in life. One of the greatest joys a mother can hold in her heart is that her children are good, decent and thoughtful humans. Well done.
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Aww…thank you. Just hoping it lastsπ
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They’ve received a great foundation, so yes, I can guarantee it. π
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LOL. my daughter is the same. She will not spend her money but she has no problem to spend mine. She keeps them for something else that in the end I will end up buying it for her. What can I do she is my princes. All the best.
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Aww…that’s so sweet. She is so lucky to have such a wonderfal Dad like youβΊβΊ
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I like his thinking!
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ππ
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This made me laugh out loud! My kids get their pocket money electronically these days so there’s rarely tangible money to save. The result is they spend quite, quite happily!
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Thanks Ken ππ. Digital money…that’s the next phase I guess. What they can’t see, can’t worry them ππ
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Haha……this is so true π π
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Lolππ
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π
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Aha! βΊβΊβΊ
They prefer to come back to you buying it for themππ
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Always…πππ
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This is a great way to learn about money’s value. Do something for your money and learn about prices. You gift him in this way Nimi π
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Thank you Irene, just hope it continues
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Oh yeah :), my son a gift card from my office folks for his thread ceremony and that I could not use online so purchased a TT table for the value using my card, then I started using that gift card for grocery and one day we went to a restaurant and after the dinner all of us told Thank you to him for the dinner and then the realisation came that it was his gift card he was so annnoyed π
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I can imagine how annoyed he must have been ….
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Oh yeah that look on his face, “you spent my money?”
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ππ
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