We give our kids a regular allowance. Once a week, from the time they are 4 years old, they receive half their age in allowance. For instance, Aaron, age 5, gets an allowance of $2.50 per week. Andrew, age 6, gets an allowance of $3.00 per week. Of that, they must put half into a piggy bank for saving for education and the other half goes into their wallets for them to spend how they choose. If they want something they have to save the allowance that they are allowed to spend.
For the last 8 or 10 weeks, Aaron has been going on and on and on about getting a new “Woody” doll. They keep seeing the Toy Story 3 trailers and toy advertisements and they cannot wait to see this new movie. In turn, Andrew decided that he wanted his very own Buzz Lightyear. I told them that they had to wait for Christmas or they could save up their allowance and buy it themselves.
That was enough for Aaron, he was bound and determined to get this doll. We knew he would need at least $40 to get the one he one wanted. Well, today, I was looking on the Toys R Us website and saw that both Buzz and Woody were on sale for $24.95. Toy Story 3 came out Friday and they’ve been talking about NOTHING else. Out came the wallets…both boys had saved enough to each get the toy they wanted! Aaron had $33.25 and Andrew had $29.25.
Off we trotted to TRU and both boys were so proud to plunk down their cash to purchase the items. The only thing that I got upset about is that the woman at the cash got a little mouthy with me about the Loonies and Toonies that they used to pay. She said “This is no good, can’t pay like this”. I told her that their money was legal tender and that they worked hard to save all this by themselves. She took the money, but remained nonplussed about the whole thing.
Needless to say, I am as proud as they are! You can think about how long this took them to save. Aaron only just recently got a raise in his allowance, so it was a lot of weeks of $1.00 going into that wallet.
Look at how happy they are: