One year while on vacation, my husband and I gave each of our children a set amount of money to spend each day. The catch? The money had to pay for souvenirs and snacks and meals. Our goal was to cut out constant requests for money and snacks while teaching our kids to make wise choices. Their interest piqued when they realized that, if they were careful with their spending, they could have quite a bit of money in their pockets at the end of the trip.
The highlight for us as parents came on the last day when we dined at a fairly expensive restaurant. As the kids gathered their money to pay their portions of the bill, my husband said graciously, "Kids, this one is on me." Their looks of surprise and gratitude were priceless. And the lessons they'd learned about budgeting and saving lasted long after vacation was over.
This article appeared in the Summer 2014 issue of Thriving Family magazine. Copyright © 2014 by Jarmila V. Del Boccio. Used by permission. ThrivingFamily.com.
Did you enjoy this article? Read more like it. Subscribe to Thriving Family, a faith-based marriage and parenting magazine!