This morning I turned on Good Morning America. It was actually on in the background as I buzzed around getting ready for our schoolwork today. As I stood in the kitchen pouring a second cup of coffee I heard my oldest son call out “Hey Mom! Even Elmo is doing it!” I joined him in the living room to find out what exactly Elmo was doing that had him hanging out with the Good Morning America folks. Turns out Elmo has jumped on the bandwagon for learning how to use money wisely! Very cool! He talked about his Save, Spend and Share plan and the jars for each. I had to laugh. This is great stuff! We recently invested in the Dave Ramsey Financial Peace Jr. Super Pack collection-on sale of course- (for ages 3-12) as part of his first grade curriculum which teaches how to Save, Spend and Give (so pretty much the same kind of thing). When the set arrived in the mail he was over the moon (which of course thrilled me because I wasn’t sure how he’d like it). In less than two weeks we’ve gone from him thinking that money is just given out at the bank to him starting to get a good, rounded understanding of money as a tool and a responsibility. We’d been trying for a long time to help him understand but somehow Dave Ramsey’s character Junior connected better with him. And now we can add Elmo to the mix. My oldest is five and a half. He’s at that age where Elmo is still enjoyable but not really his thing anymore. Dave Ramsey’s set is geared more toward older children so it’s a good fit for us. In the last two weeks we’ve seen an amazing growth in his understanding and character building with being a good steward of money. And it helps him understand Mom and Dad’s goals for our family and why we feel it is so important to get out of and stay out of debt. I’m thrilled to see Elmo putting this out there too. Elmo’s program is officially called The Sesame Street For Me, For You, For Later Kit and it’s FREE . (And we all know FREE is budget friendly!) Teaching kids about money is smart way to help your kiddos embrace a Rice and Beans Mentality and these programs make it so much easier to teach great financial principles and make it fun! (And just for full disclosure-I’m not benefitting from either of these companies-I just find their programs to be fantastic and helpful!).
I just heard about your blog. Wish I had thought to do this for the girls when they were growing up. Now even my grandkids might be too old. But then, maybe not.:)
If you have teenaged grandkids-you might want to check out Dave Ramsey’s Generation Change. I haven’t used it but it looks like a fantastic program!!
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