Mulligan, Jersey and allowance!

Tatum and I love our Saturdays. We love to sing in the car and visit friends.

Today, we went to visit Susan and Jason, but more importantly, their doggies, Mulligan and Jersey.

They look pretty happy! They’re not used to a little compact chick hugging on them.

Well, after all this fun and good conversation (more laughing than anything since Jason is a HOOT and a 1/2), we headed home. It was to be Tatum’s first day of allowance!

When I was little, I got an allowance, but no one ever taught me how to handle money. I did see my mom never go into debt and only spend what we had. We didn’t do much tithing or giving, so I hope to instill the importance of this in Tatum. I must model it first, right??

We are deciding to do $5/week which equates to a dollar for each year of her precious life. This will not be tied to her chores or responsibilities. However, she must divide up the money as so:

Give

Save

Spend

 

We figured out $1 each for giving and saving. $3 for spending.

Stay tuned for all the great decisions she’ll be making as her own money manager. We are starting early!