LaeLae.com
Connect with Lae Lae!
  • Home
    • benefits of the Lae Lae collection
  • Awards
    • 2nd Book Excellence Award
    • AT THE BEACH Wins!
  • Lae Lae's Blog
    • Zoe's Blog
  • Books 1
    • Books 2
    • New Year - New Book
    • More Products
    • Coloring Pages
  • Testimonials
    • Acknowledgements
  • The Author
    • Learn about Lae Lae and Poco
  • Buy Now

A Cute Personal Bank

7/26/2017

0 Comments

 
A few weeks ago we were eating out with my adorable granddaughters and, when the check came, my sweet little six year old said "Mimi, I can pay for dinner.  I have lots of money in my piggy bank (money that had been slowly accumulating over the years through birthday gifts, the tooth fairy, Santa Claus, etc.)  She thought she was "rich".  I was struck with her generosity, that she would want to buy dinner for us, but I told her no that she should save her money for something really important.

Then I had an idea of something that would make her feel important and perhaps teach her what money could buy. She could learn how to save for some thing or activity that she wanted and then pay for it.  I decided to create personal checkbooks for both her and her sister.  They would be connected to their personal savings banks and they could write checks on their accounts.  It was a simple little project but it turned out to be very cute.  

I copied standard checks from my bank account and adapted them to make checks for the girls with their  "personal banks" and addresses on them. I also created a ledger to go in the back of their checkbooks so they could write down all of their "income" from simple little chores or monetary gifts and keep track of their money to write checks when they wanted to buy something special.   Their mom and dad could subtract the money from their "banks" to buy the items or activities for them and the girls could keep a running income/outflow of where their accounts stood.  I found years ago that if children understood what things cost they learned to spend their money wisely.  

My little granddaughters are such generous children they will probably buy something for someone else and that would be a lovely thing to do as well.  Making a cute personal bank account is a fun way to teach children about money and, at the same time, give them the ability to do something special with their money.
Picture
0 Comments



Leave a Reply.

    Archives

    September 2021
    August 2021
    July 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014

    RSS Feed

    Submit