| After deciding that you need to change your | | | | kids to be the first to fill up his jar. Make sure you |
| ways and move towards a more frugal life, you | | | | reward the winner (Getting a special privilege like |
| can tell all kinds of stories about the trials and | | | | choosing the movie you rent one night is a great |
| tribulations you've been through. Adjusting to a | | | | reward.) and then get ready to start again. Don't |
| thriftier lifestyle can be tough. It's certainly not a | | | | be tempted to let the kids spend their earnings at |
| task for the faint of heart. | | | | the end of the contest. You can quietly deposit |
| Teaching your kids to embrace a frugal lifestyle | | | | the savings to a savings account in the child's |
| now can save them from having to go through | | | | name. |
| the same period of adjustment. Imagine how | | | | Have a coupon scavenger hunt - When the |
| much easier it will be for your son or daughter to | | | | Sunday paper arrives, you can divvy up the |
| manage his finances as a grown up if you've been | | | | different advertisement sections between the |
| teaching him how to do it all along. Like many life | | | | kids. Then, see who can find the best coupon. |
| lessons, teaching your kids to be good with me | | | | You'll get help with coupon-clipping and get to |
| can be fun, as long as you're creative about how | | | | spend a little extra time with your little ones. |
| you introduce the lesson. | | | | Stretch those allowance dollars - Part of teaching |
| Race to the finish - Encouraging kids to save is an | | | | children to be frugal has to be teaching them to |
| integral part of teaching them to be frugal. You | | | | make wise choices when they do get to spend |
| can help your little ones be the best savers they | | | | money. Why not let the little ones spend part of |
| can be by making it a contest. Take two identical | | | | their allowance at your favorite dollar store? Make |
| containers (or more depending upon the size of | | | | a game of seeing who can get the most for his |
| your family) and let the kids decorate them | | | | money. |
| however they want. Then, challenge each of the | | | | |