A Penny Saved is a Penny Earned

What is the value of teaching your child the value of money and the value of entrepreneurship at an early age? The picture you see here was a few years ago when my daughter (then at age 3 and ¾) took her first venture into being a saleswoman. At a two-day rummage sale she wanted to sell cookies and kool-aid so we put up the money for the supplies and let her have her shot at making some money. During the first day she was amazing and stayed with it for almost 8 hours, which as most of you know is an amazing feat for an almost 4 year old. She was asking all of our patrons “Do You Want A Cookie” before they even got out of their cars, and most would favor her with some patronage. It was quite humorous and people throughout the day mentioned that we had a born business woman on our hands. This weekend made me start thinking about the right and wrong ways to teach our children about the value of money and the value of hard work. I mean I believe that I emulate the value of hard work in my every day work and show that to my daughters. Yet, I still want them to understand that money comes from hard work and that it mut be respected. The money that Diva-J did make (just over $40) was provided to her and she had the choice of what she wanted to do with it (though we encouraged her to save at least ½ of it). She decided to purchase some Disney polly pockets and to save the other ½ in her savings account. All-in-all I do think that we taught her some about the money that she made from her work, but I do know that there is more that she needs to learn. After thinking about this, I decided to examine this a bit more for resources that I could use with my own girls. I found the following resources:
So today’s task is to develop a list of ways in which you are teaching your child to appreciate the value of money. Once complete, please come back and share your list and activity with others. How did the activity go for you and whoever you shared the time with?

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I am a dad who works in Higher Education Administration by day and by night a dad to two girls (divas). I was born in Michigan and after some moving around the Midwest due to working for several colleges and universities, I am back living and working in Michigan and loving it! I started Dad of Divas as a way to document my experiences as a father as well as talk about important parenting tips that I have run into in my time being a Dad. As most blogs have, my blog has changed some over the last 2.5 years, but I have to say that I am still enjoying what I am doing and sharing with other parents that are out there. You will notice in my posts that I definitely do not have all of the answers (that’s for sure) but I am always willing to try something new to make my job as a parent easier (if that’s possible). I am so pleased to be a part of the group of revolutionary fathers who are, as I, working each day to be better than they already are, and are doing whatever they can to help their children to be the best that they can be!

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