Super Little Savers

Not that we think we do it the best or only way, but this is how we have decided to teach our kids about money. Just thought I'd share (and mostly document for journaling sake :)

Job charts - I made these using simple unfinished magnet boards from Robert's crafts, a ruler and permanent marker, and cheap magnets. Each week they choose their jobs (we turn them upside down, so they don't always get the jobs they want, but they are things that need to be done). I made magnets for things such as make beds, put clothes in wash, set and clear the table, brush teeth, get dressed, clean up toys, take out trash, feed the dog, etc. They LOVE to do their job charts as part of the nightly routine (right after they brush their teeth). For each job they do each day they get to place a magnet on their chart.
At the end of the week (Saturday night) they get a penny for each magnet on their chart (usually around 50 cents a week - yeah, they'll need a raise soon, but to them 50 pennies seems like a lot right now :). They each put all of their pennies into their little piggy banks (this is their favorite part!). The piggies started to get pretty full (McKinley's broke, I had to super glue it!), so I took them to the bank (with their piggies) and we opened their savings accounts. They got to watch the teller dump their pennies out of their piggies into the coin counting machine. They thought it was SO cool!And they have the receipts to prove it, they are officially super-savers! :)