tip of the week (5/3/2009)

May 3 -- May 9, 2009
this weeks "tip of the week" was sent from Kate in Loveland, OH

Kate writes: “I have checkbook registers for each one of my children (they are too young to have bank accounts). When they help out around the house, we enter a certain amount into their register. They are able to keep track of their funds by adding what they've earned and subtracting what they spend.

If they need money, they just ask me and I will give it to them. However, they have to subtract what they borrow from their register.

It teaches them how to save and there is a math lesson in every transaction."

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