Ready, Set, Spend!

Opt In Image
Yours Free!
In Walk This Way: Ethics and Sanctification Lessons for Kids, you’ll discover:
  • How to define a godly lifestyle so kids gain understanding.
  • Twenty lessons for children in grades K-6 to be used at home or church.
  • Engaging dialogue that gets kids thinking critically about life topics.
  • Tips and retrospectives that help you improve your teaching skills.

Walk This Way is available in paperback on Amazon for $19.99. (Kindle version is Free with purchase!)

Get a Sample LESSON sent to you (17 pages!), along with weekly Bible lessons, tips for teaching kids the Bible, and Children's Ministry ideas. Just type your email address below.

Affiliate Links

It amazes me that, for kids who do not watch much TV, my children sure know a lot of the characters that can be found in the toy store. They’ve watched a few selected Disney Movies, and a few videos, such as Dora and Bob the Builder, but we rarely find the time to watch videos brought home from the library. We just have other things to do and play.

So when they come to me saying, “Mama, I want a ‘such and such’ toy,” I’m a little taken aback. But I’ve gotten good at saying, ‘Well, next time we are at Target you can bring some of your own money and buy you something.” That usually satisfies and I don’t hear anything for a while.

And then I had an idea!

Ready to go spend some money!

I needed to go to Target to buy a wedding gift this past Friday, so I decided to use the opportunity as a field trip. I told the kids to gather up some of their money and that they could buy something for themselves at the store. RB took $28 and Sweet Cheeks took $10. All of this money was either from birthday gifts, cash they had been given for doing extra chores around the house, or rewards for certain behaviors.

I explained to the kids that they would need to choose a toy that cost less than the amount of money they were taking. RB seemed to understand because he responded with, “Yeah, I have to pay tax on it too.” I also looked each child in the eyes and told them, “Do you want to hold your money, or do you want me to put it in my purse? If you lose your money, I will NOT replace it. Money is valuable and we have to take care of it.” Both children decided I should hold on to their ziplock bags of dollars and coins.

Off we went.

The kids took a stroll down the toy aisle. Sweet Cheeks wanted a My Little Pony and RB wanted a tractor.

RB looking at the shelves

Final choice

Once we saw what our choices were we had to discuss prices and whether or not they had enough for what they wanted. The other item we had to discuss was whether or not the toy was a good deal or not. RB decided it was a better deal to get a tractor trailer with cars and accessories, than to spend the same amount on just one tractor.

Final decision

Sweet Cheeks deciding on her toy.

Sweet Cheeks was excited that her purchase was on sale.

When we went to the check out, I had each child go through the process: Put the toy on the conveyor belt, speak to the cashier, listen for the final price, pay the cashier, wait for change, and pick up the toy at the end.

RB at the check out counter

Sweet Cheeks waiting for her change

As we left the Target, the kids were so excited and couldn’t wait until we got to grandma’s house to open their purchases. Daddy met us there and helped open the boxes.

The kids seemed proud that they could tell grandma, aunts, and uncles that they had purchased their toys with their own money. And I must admit that the children seem to be playing with these toys with great enthusiasm. We’ll see how long it lasts!

Let play begin!

I think she is pleased with her choice!



Ready, Set, Spend! — 2 Comments

  1. Oh I have so much to learn on how to teach my kids about money! What a smart way to help them understand that money is valuable, by telling them that if they hold it and lose it, it will not be replaced by Mom. I have never given my kids the opportunity to “lose” their money, I watch them and worry the whole time we are shopping!

  2. It is always a good lesson to have them do chores for the chance to earn money, because they learn how dad and mom have to work hard to earn money which teaches them responsibility. Then when they have to buy their own special treats and toys they learn how mom and dad have to consider a great deal of things before buying things themselves, like is it in their budget. You have taken a wonderful step in teaching them math as well. Now as you teach them, you can step by step introduce them in budgeting, from the early years of adding and subtracting to buying multiple items or dividing their money for multiple purchases of different items. You could even set up a treat store in your home where they earn pennies for doing great on schoolwork, and at the end of the week they can spend their pennies on candy, stickers, pencils, special erasers and more little novelty items, or they can save them up for a few weeks to buy bigger items like a bottle of bubbles to blow outside, a top, or those glowsticks and necklaces. It teaches them the importance of doing their best to earn those pennies, spending wisely, and saving. You could even set up a bank, where they can deposit their pennies or birthday and chore money, write out deposit slips and withdrawal slips to get their pennies. It is a great way to teach them good financial responsibility in a fun way at home.

Thoughts? Please share!