Money, money, money

Remember when you danced the night away to ABBA? Perhaps you drew a tear or two when you heard "I crossed the sea.." or "Chiquitita".  C'mon guys, even you.

Money is is normally a difficult topic - but what learning can take place!  Math, budgeting, financial concepts like interest.

Paige celebrated her 12th birthday recently.  Her passion for art was exceeding her bday budget so we came up with a way that she could buy it now and work it off with her chores and allowance.

The payment plan

Here is a copy of her payment plan.  We can turn this into a spreadsheet and look at various repayment schedules, even include interest.  Of course, we won't be as mean as our credit card companies..

For Ellie, we purchased a neat tool called "Ekomini".  This nifty gadget takes the place of a piggy bank but it counts and remembers the coins your child plops into the slot.  The website is called Ekominiville and features lots of activities supporting saving and financial concepts, all presented in a way that our little millineals can stay engaged.

Here are some screen shots:

We also recorded a neat series called Biz Kids which is a public TV show that teaches them about money and business