Tuesday, September 30, 2008

Save or Spend

A few months ago Matt and I decided to start giving the kids an allowance to help them learn how to manage money. It has been interesting to see how their different personalities affect their attitudes about money. Kylee is more of a saver and really thinks about what she wants to buy. Brayden, on the other hand, is a spender and money just burns a hole in his pocket. Kylee and Brayden had to use their own money they had saved to buy any souvenirs that they wanted at Disney World. While in the souvenir shops Kylee would spend an hour looking for something and then not really buy anything. Brayden would pick something out right away. He just wanted to know if he had enough money to buy it and if he would get change back. It didn't matter how much change back as long as he would get something back. Then, after he purchased a cheap electronic game he kept looking for things to buy explaining to me that he still had room in his bag.

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