Our small group went through the Dave Ramsey course recently. It convicted Eric and I to really start watching our budget. We have always done the envelope system with the kids and their allowances. Our HS ELO class is going through the course also. Many of my friends mentioned that their kids are working hard to raise their $500 for their emergency fund. (The adults emergency fund is $1000) We decided to do this with our kids also. Andrew reached his!! We did the calculations while divying up chore $$ this morning and he is now putting money away for a car. Abi is only $23 away and Chels is about $200. Not unreachable goals in the least. Granted Chelsea has not been earning an allowance until recently so it's understandable it may take her longer. It took Andrew only 2 years to do this. That may seem like a while but for a child that only earns $9 every other week, he has done well.
WAY TO GO BUD! WE ARE PROUD OF YOU!
WAY TO GO BUD! WE ARE PROUD OF YOU!
1 comment:
Ben and I need to get on the Dave Ramsey bandwagon. We've just signed up for e-mealz.com and I really did save!!
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