My Son Learns the Importance of Saving Money
Yesterday my eight year-old son, Drew, found some money he had stashed away and had long since forgotten about. He immediately asked if we could go to the credit union he is a member of to deposit it.
Trust me, I was as shocked as you are. For most kids, money burns a hole in their pocket. They typically want to spend every cent they get their hands onto A.S.A.P.
This time was different because, in just a matter of a few weeks, my son has been learning the value of money and saving. About a month ago we opened an account specifically for him at the Moxee Branch of CALCOE F.C.U. He now has his very own I.D. card and, every time he makes a deposit, he receives a prize from the tellers. He thinks that is pretty cool.
Drew has watched his mother and me begin working Dave Ramsey's Financial Peace University with the goal of becoming debt-free. He has taken to it like a sponge.
The total deposit yesterday, for the first time, pushed his balance over the magic 100 dollar mark! He was very proud (he even called his grandpa!) and so I am I. We celebrated with corn dogs (pictured above) at his request!
Congrats, Drew! You are "DEBT FREE!"