Saturday, January 7, 2012
Dave says...
We believe in the guidance of Dave Ramsey for Christian finance principles. One of the principles he teaches is that it is never too young to start teaching little ones that money does not grow on trees. His suggested age to start is 4 years old. That is what we are going to start doing. Once a week(hopefully), Lili will "help" with chores around the house and earn $0.75.
With this money, she will be taught to give a quarter to Jesus first and will put it in her Jesus box. We are very blessed and want her to learn early tithing is one of the ways we show our thanks to God.
The next quarter will be "fed" to piggy. She will be taught to save for the future. We save for vacations or "big" purchases. If we see something we want, but Mom or Dad will not get, she can save for it.
The last money will go in her purse. She always want to buy a gumball, but we hardly ever have quarters. When we told her she could earn quarters to spend at the gumball machine, she was extremely excited...stay tuned for updates on this parenting adventure.
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