15 of 16 people found the following review helpful
Financial Peace Jr.,
Verified Purchase(What's this?)
This review is from: Financial Peace Jr.: Teaching Kids About Money! Cool Tools For Training Tomorrow's Millionaires! (Misc. Supplies)
I ordered this product on a Friday morning and opted for the overnight deliver because I had been reading Dave Ramsey's Total Money Makeover and was able to see Dave live just a few days after purchasing his book. I wanted to get my 9 year old on the right track for saving and learning to give, not so much spending though. From the time the package arrived we sat down to go through the contents. I read him the story and we were on our way. It was a Saturday so it was time for him to receive his commission for the week, although we had no method of tracking his chores. Luckily this package included a chart, for listing his chores and I was able to include a dollar amount for each chore. There is also a section for consequence for not completing a chore, which is "losing" money. He hasn't lost any yet, and it is funny how I don't have to remind him to take the trash out anymore. There is another chart that provides an area for him to find an item he wants to save for and put a picture on the board, and caculate how much he will need to save for the item and how many weeks it will take. My son makes between $7-$10 per week doing his chores. He puts his 10% in giving, takes a couple of dollars for spending at school at the school store and the remainder goes into his save envelope. In two weeks I think he has $12 saved towards his $20 goal.