It is the last day in June, folks. The year is half over. Can you believe it? Did you start with any resolutions...ones about money? We can all use reminders, check-ins, especially at the midway point. Therefore, ergo, hence, I have for you another Thursday Thrifty Throwdown.
This week, I'm suggesting you spend money. Not a lot--less than $20--but I need you to buy something. I need you to buy a piggy bank. Not just any piggy bank. I want you to buy this Money Savvy Pig piggy bank for your kids. It comes in a variety of colors--pink, red, blue, green, purple. It's super cute, and--get this--it will actually help you teach your kids about money. And whenever you talk about money with your kids, it reminds you about some of the basics--the 101s of saving and spending. Reminders are awesome for your family piggy bank.
The great thing about this piggy bank is that it's separated into four slots. You've got Save, Invest, Spend, and Donate. Having these already printed right on that plastic helps kids learn how they make a choice with their money with each and every coin they insert. They learn they are in control of money--and money can be used for different things other than just buying a toy.
As your kids use the Money Savvy Pig, every time they slip a quarter into the Spend slot or a nickel into the Save slot, it provides an opportunity to talk about money. A simple ‘Which slot did you put it in?" opens the door to a conversation about what they are saving for or what organization they want to give a donation to--and then you can tell them what you are saving for or what organizations you give donations to. Such a simple way to talk about money, but it has such a huge impact.
Think about it. For only $16.99, you get a teaching tool to use with your kiddos for years. You have sitting there on their dresser or bookcase a build-in conversation starter to talk about stuff that is sometimes hard to talk about...and a great reminder of money basics 101 for the whole family. That's money well spent.