Learning About the Value of a Dollar

Cole started a new project this summer...CHORES!  RT and I decided he was old enough to start helping out around the house and in return he would earn an allowance.  Right now he earns $3 per week and we will bump it up to $4 when he turns 4 years old.  Right now he is doing pretty simple, age appropriate chores.  He gets to save $1, spend $1 and donate $1 at the end of each week.  We are hoping he will learn you have to work hard for your money and that things cost money.  We hope he learns to save and not spend every dime and that he learns to help others in need.  So far he is doing a great job and getting to put a star in the completed box seems more exciting than the money!

1 comment:

TheCraftFam said...

Your chore chart is cute! We just started this with Hannah as well. It's such a good way to teach them about money/responsibilities! Good luck!