We started Jiaheng on his Money Jars when he was younger and kept encouraging him to keep this good habit of money management.
We even increased his allowance from $1 a day to $1.50 when he turned six. (inflation, you know? ^^) In fact, he has been using money from his NESS (Necessity) jar to pay for his school's excursion fees and even his Yakult-Milk scheme in school.
Today is Kai Hock's birthday and Jiaheng very generously decided to use his NESS funds to buy Papa a birthday cake. After counting the coins for a good 20-mins, he handed me a big pile of coins to exchange for two $10 bills. Coupled with another $10 bills in the jar, Jiaheng said that he will like to get a $30 cake for Papa.
It is one whole month of savings for him. Everyday, without fail, he will recite his Dizigui by himself and then ask for his $1.50 savings ($1 in NESS , $0.30 in FFA , $0.20 in GIVE)
Now it is time to reap the fruits :) Keep up the persistency and consistency. Mommy knows that they will serve you well when you grow up.
---- posted by Mommy
Friday, June 05, 2009
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