Greg and Jody's Vacation tip 1

Here's our first Vacation Tip
Before we left Jody had a great idea.  She gave the girls some money so they'd have some money to spend however they chose.  This was so we didn't have to continue entertain their questions like, "Mom and dad, can you buy me this?" or "Can I get that?"  This gave us the option to answer, "Sure, you have money, you can buy it." One of the requirements to have this money was to track it in their check register which Jody had given them.  This encouraged them to write in their register and track their expenses.

Another twist to encourage them to keep track of their expenses, I gave them a couple of reminders and then if they had purchases that weren't entered in their register I started to take some money back from them.  This lead to them not just letting money go through their hand but actually managing their money.

This worked great because it helped them to see a big picture of their expenses and helped them to manage their money more effectively.  Stay tuned for vacation tips coming in the next couple of days.  Have a great day and enjoy planning for your summer vacation.

Greg and Jody
Be Frugal Live Wealthy