Shopping in a Winter Wonderland

Filed under , by Alison on 1:21 PM

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Last week, Bug came home with a note about his school's Winter Wonderland Workshop. The kids would be able to choose, purchase, and wrap small gifts for their family at school. I was excited because I remembered doing a similar thing when I was his age. I think I bought my little brother a pencil, and I'm anxiously awaiting something equally fabulous from my son.

I love this for many reasons. Of course, it's great because he gets so excited about it, but there are also so many great money lessons involved. First off, I counted his money, told him how much he had and let him decide if he wanted to spend all of it, or keep some of it for himself. He chose to spend all of it, but only after learning that he'd probably be getting some more cash for Christmas. Then we talked about how much he wanted to spend per person. At school, he had to check price tags to make sure he had enough money for each thing. He came home with some extra money, which is nice because it means he knew when it was time to stop and didn't just keep buying things simply because he had more money!

What money lessons have your kids learned this holiday season?