Thirty-four weeks to go . . . I’m always browsing the web for ideas, a year ago, I came across a cool banking method for kids.
The Three Piggy Bank Method, by Lori Craig (market director for PNC Bank Wealth Management). Lori recommends that you set kids up with three piggy banks: one for saving, one for sharing, and one for spending. Lori defines what each bank is specifically used for; “a spending bank is for money to be used on everyday things.” “A savings bank is for money to be used in the future, or on a big ticketed item,” and a sharing bank is to be used to help others or to give.”
So, I’ve given or will give each of my grandsons three banks on their birthday. Then, I explained or will explain this method to my sons and daughters, so they can instill this practice in my grandchildren. For decorative purposes I added or will add their favorite character stickers to their banks, as suggested by Lori. Finally, I added or will add five dollars to each bank as a starter for their savings. I hope my grandsons continue using this method of banking.
Since my New Beginnings challenge is all about creating something every week. I knew I had to also add something that I made. So, I decided to make my number five grandson an iPad case for his second birthday. I used The Stitching Scientist‘s Quilted Laptop Case tutorial.