My kids got to cash in their piggy banks
@shaggin (71664)
United States
February 22, 2017 3:48pm CST
I told my kids once their piggy banks filled up they could spend them. Their father used to give him change when he was alive.
When we are out walking I point out any coins for them to collect.
After 12 years my daughters was just about full. At 9 my sons was about halfway so I decided they should finally spend it as it was taking so long.
Yesterday my son and I took his money down to put in the machine but it takes a 5% fee so we asked for papers to roll it ourselves.
My daughter and I spent hours yesterday and today rolling them up. We took it all down to return it and my daughter got $57 and my son got $31.
I attached a totally unrelated photo of how much our pet caterpillars markings changed over night.
23 people like this
25 responses
@Jeanniemaries (8237)
• United States
24 Feb 17
That was a great activity for them to see how it adds up. It was slow, but slow and steady wins the race.
@Jeanniemaries (8237)
• United States
24 Feb 17
@shaggin I have a ton of change I need to cash in. My husband loved to fill banks with change.
@Jeanniemaries (8237)
• United States
25 Feb 17
@shaggin I have all the change he saved still too. I am kind of reluctant to get rid of it. Silly.
@katsmeow1213 (28717)
• United States
25 Feb 17
My kids never save. Once they accumulate a dollar they spend it on gum at the store, or ice cream at school.
@shaggin (71664)
• United States
25 Feb 17
Ha ha that is how my sister was. I preferred to save mine up and then spend it on something better that is what I teach my kids to do as well. As soon as they get birthday money they want to rush right out and spend it all. I try to get them to think hard about purchase before they make them...Especially not daughter who will buy something and not want it a week later.
@katsmeow1213 (28717)
• United States
25 Feb 17
@shaggin Yeah, I like to spend too. I don't keep money for very long. I'm trying to get better about saving, but even my saving has a purpose, a future goal.. Anytime I have a bit of extra money I immediately start thinking about what I should do with it..
@katsmeow1213 (28717)
• United States
25 Feb 17
@shaggin Wow, kind of crazy.. but I guess if his bills are paid and he's got a rainy day savings.. then he can do whatever he likes with his money. I tend to spend mine on clothes for me and the kids.. and experiences like shows and vacations.
@kevin1877uk (36988)
•
28 Feb 17
@shaggin Awesome, glad they have things they wanted, on to saving again, I always have a penny jar, I call it my rainy day money lol.
@kevin1877uk (36988)
•
28 Feb 17
@kevin1877uk Oh I can see the photo now, my internet was playing up and taking ages for pages to load. How long have you had it now?
@Tina30219 (81540)
• Onaway, Michigan
23 Feb 17
Nice picture of your pet and nice amounts of money for them to spend I bope they both have fun spending their money. Did they spend their valentines money yet?
@shaggin (71664)
• United States
23 Feb 17
Yep I took them last weekend and they spent their Valentine's Day money. I know my son got a video game but I can't remember my daughter's it was two or three small things she picked out.
@shaggin (71664)
• United States
23 Feb 17
@Tina30219 yep! We are going tomorrow after they are both done with school! I hate shopping so I am dreading it lol but they will be happy to use their money and seeing them happy will make me happy. I will be going to my boyfriend's house for a few hours this weekend so I figure my son having a new game to play might keep him from crying the whole time I am away.
@Tina30219 (81540)
• Onaway, Michigan
23 Feb 17
@shaggin Cool so now they have another shopping trip to look forward to to spend their piggy bank money.
@arthurchappell (45002)
• Preston, England
23 Feb 17
nice that they get to see how their money has accumulated - cool catterpillar
@arthurchappell (45002)
• Preston, England
25 Feb 17
@shaggin it will hopefully help them to appreciate the value of money and that it is often a challenge to save some up
@shaggin (71664)
• United States
23 Feb 17
@carebear29 I only know as we wrapped it all and took it to the bank today.
1 person likes this
@carebear29 (31961)
• Wausau, Wisconsin
23 Feb 17
@shaggin no idea my sons because its in one of them culligan jugs
@jhechorain (1198)
• Susanville, California
24 Feb 17
That is nice they got to spend their change they had been saving for so many years.
@shaggin (71664)
• United States
23 Feb 17
It is a good thing to learn to save. After this I am going to let them spend whatever they save up once a year. They don't get much change to collect in their piggy banks as they just out in what they find lying around on the ground etc.
1 person likes this
@PainsOnSlate (21854)
• Canada
27 Feb 17
Love the photo of the creepy crawly. My kids were allowed to use their own money as they chose, none ever made it to $5, it burned holes in their heads so they spent it on nothing...
@PainsOnSlate (21854)
• Canada
27 Feb 17
@shaggin I know a few adults like that too....
1 person likes this
@JudyEv (325720)
• Rockingham, Australia
23 Feb 17
That is one cool caterpillar. Have the kids spent their money yet?
@Happy2BeMe (99399)
• Canada
22 Feb 17
Do they have any plans for what they want to spend their money on? Cool caterpillar he is really changing.
@Happy2BeMe (99399)
• Canada
23 Feb 17
@shaggin Oh very nice. I hope they find exactly what they are looking for!!
@shaggin (71664)
• United States
23 Feb 17
Any birthday money they got over the years I would put away half and the other half they could spend? They each will have a few hundred dollars this way when they are adults. I am thinking about putting it into savings bonds but I really do not know how they work.
1 person likes this
@marsha32 (6631)
• United States
24 Feb 17
My great Aunt Donna started saving change for my children as soon as they were born. She's been gone for a few years now, but once she had to be put into a home she had us come over to get the cans. If we hadn't my uncle would have taken them.
I don't remember how much each one had, but the youngest didn't get much. She added more dollars to each of them at the end. They were coffee cans.
Now I just save all my change in hopes of saving up to pay for my quilt retreats and things like that. I also put $1 in for every check or cash I get too. I have enough to pay for the retreat in April which is great, but there is also a bus trip in June, a retreat in July and a retreat in October...as well as I want to actually go someone during one of hubby's vacation weeks.
Guess I better stop blabbing and get to earning!
@shaggin (71664)
• United States
24 Feb 17
That is a neat way how you save money for your retreats and things by putting $1 away from every check. I just try not to spend any money on anything I don't need and so my savings does pretty well. That is so sweet your great aunt did that for the children. Your children must have really appreciated that.
@IreneVincent (15962)
• United States
23 Feb 17
At the end of a shopping day, I always put my change into my piggy banks, of which I have about two dozen now. I buy them at the Thrift Store when I see a pretty one at a nice price, usually about $2. I have three piggy banks always sitting right on my kitchen counter. One for pennies, one for nickels and one for dimes. The quarters I keep in a cookie jar. Recently, I rolled my quarters to take to the bank and I had $170. I was shocked.
@shaggin (71664)
• United States
23 Feb 17
I know people who do that? Me I just put the change back in my wallet and use it when I have a total at the store that does not come to an exact dollar amount.
@shaggin (71664)
• United States
25 Feb 17
That sounds neat! I was thinking of crafting a bank of some sort for my son instead of buying one.
@andriaperry (116860)
• Anniston, Alabama
23 Feb 17
I hope them seeing how much change can add up to will continue them to save their money
@shaggin (71664)
• United States
24 Feb 17
I hope so. They might just feel it takes to long though. After this I will let them spend it once a year on their birthdays like my mother used to do with my sister and I.
@Gita17112016 (3611)
• Trinidad And Tobago
23 Feb 17
What a lovely way to instill good money values. I am sure the children felt a sense of fulfillment or accomplishment. Today everything is so fast paced. The 'throw away or recycle' culture. Nice for a change to see the old fashion values still being passed on in a family. Kudos to you!