Help Your Kids Learn About Money + Moonjar Moneybox Giveaway
Help Your Kids Learn About Money with the Moonjar Moneybox
A large part of part of parenthood is teaching your children about life and preparing them for their own adult lives. We need to teach our kids all kinds of things and essential life skills like cooking, looking after a home, working hard, socialising, being kind and many more. Another important thing that we’re responsible for teaching our children is dealing with money and what money means.
I’ve tried to talk to my daughters about money from an early age, explaining that we have to work hard to get the money to buy things and do activities that cost money and that some things are more expensive and that they have to be a special treat, that some things have to be saved up for, an so on.
We were recently sent a product that is designed to help families talk more about money. The Moonjar moneybox is split into three sections — one for saving, one for spending and one for sharing.
“Save — Learning to save is a lifelong habit.
Spend — Learning to live within your means.
Share — Making a difference to other people.”
My four-year-old likes this moneybox and we’ve had some good conversations about the three different compartments and what they mean. We’re not doing pocket money yet but when we do, I think it will be a great tool to help our daughter manage her money and think more about how to spend it rather than just making a fast decision at the toy shop.
Each Moonjar moneybox comes with a family guide and a passbook to help your child track their progress as they work towards their savings goal.
The three parts of the Moonjar moneybox can be taken apart and kept separately or put together neatly with the supplied rubber band. The colourful acrylic geometric shapes look great too.
Read more about the Moonjar moneybox here.
Where to buy
You can buy your very own Moonjar moneybox from Amazon.co.uk.
Giveaway
For a chance to win a Moonjar moneybox, enter through my Rafflecopter below. The giveaway will end on the 17th of July 2018 and is open to UK residents over the age of 18 years. Terms & Conditions apply. There will be one winner.
Sample provided for this review. As always, all my reviews are 100% honest and all thoughts and opinions are my own.
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About The Author
A Mum Reviews
This blog is edited by a mid-30s mum with over 15 years of professional childcare experience. Now 10 years into motherhood and enthusiastic about finding great products and helpful solutions for busy families to make life more fun and easier too.
we have lists of tasks that are available per month to raise money for things they want to save for. they provide a goal and can allocate tasks for themselves to reach it.
By reminding them of the things that they really want.
By not just buying as they want ! Encouraging saving by doing odd jobs around the house – that way purchases are used and WANTED
A piggy bank is a great way to teach kids the importance of saving while giving them an easy way to do it.
by making them write a list of what they would like to save for
reminding them how hard they worked to save it and that it is possible to save for that big purchase
By helping them plan for things they really want and which they can buy with their savings.
i keep a picture handy of the thing they are trying to save up for as a little incentive x
By asking them what bigger item they would like. If they have something in mind they want then they are more likely to save for it.
My daughter has to earn her money by doing jobs around the house tidy room make bed etc
My daughter has to earn her money by keeping room tidy doing household jobs and she saves it for the things she wants
By reminding them of the things that they really want cost money so they need to help save towards them.
By having pocket money
I encourage my daughter to learn the value of everything and appreciate things and how it’s not just material things that matters. She gets pocket money and is quite good at sharing and giving. This Moonjar Money Box is such a unique and good way to get little ones to understand and value money.
teaching them young the value of money
By having a piggy bank and an item in mind which they want to buy as a goal.
My girls are pretty good at saving if they want something. I do encourage them to keep saving by reminding them of what their end goal is :) x
We have money boxes, and when they want something, they count it and find out how much they have to get it xx
We are not a gift kind of family and like to take lots of short breaks were they have freedom to by treats as they like.
I explain to my step-sister how important saving is, especially when you get the fab feeling of being able to buy something for yourself!
By taking them shopping so they can see how little their pocket money can buy…unless they save up!
I remind them of things they really want.
I remind them that saving little bits of money adds up and becomes lots of money so they can buy bigger, better things x
i always try and encourage them to put some of their pocket money away to save
Remind them what they want, if they save hard enough one day they will can afford to buy it lol
If they want something then it cannot be bought straight out. Pocket money and chores that pay dividends are great incentives.
I find this difficult, but I try to encourage them not to spend their money on the first thing they see and to just wait
By telling them straight that there’s things I won’t buy and they’ll have to save for it.
To put any spare change into his money box
Getting their hand’s on the lastest must haves is All the encouragement they need.
He has to earn money and then he can use it to spend on some things but wisely. We always make sure he has money left to save for next time. We also encourage him to sell his old toys and he keeps the money.
By providing them with a money box and letting them do odd jobs so that they learn the value of money. Encourage them to save for the more expensive items that they want.
I show them how I budget and encourage them to do the same
When they want any new toy and there is no birthday or Christmas so they need to save their pocket money.
By telling them they can only have something they really need.
She’s too young to have any yet, but I’m sure it won’t be too long before I have to start!
By teaching them the worth of money ie having to earn money they spend
We discuss how much things costs and also whether if she saves up, she could get a nicer thing, plus ad hoc ideas need to be settled before spending
I help them by trying to save and explain about saving some of there pocket money for something that they want
When my son gets bday and xmas money he gets to buy something he wants something he needs something to wear and something to read then the rest gets saved.
i gie mine pocket money and if he wants to buy something he has to save
I always ensure my daughter understands the value of money and that every penny counts, as a single mum it really does help us balance the pennies as I like to involve her in our budget expenditures – eg. We can spend £15 today on new things for your room. We then browse and decide what’s the best value for money etc. My daughter isn’t materialistic at all because of this and loves the charity shops more than the big stores and I couldn’t be more proud or happier.
Make helping fun and which our little man thinks anyway . Putting money in his piggy bank as a reward helps. He knows when it’s time to buy something he wants then we start again .Encouragement and praise go a long way x
I always get them to weigh up their choices
by doing chores and earning money
Ours are still quite little to understand saving, however we put so much into their bank account and they have so much to put in their penny pot
My son helps me to clean a holiday cottage on Saturdays and i pay him. He then puts a small amount away in his savings account and can spend the rest but once it runs out he has to wait until the next week. I have always told him that if he want’s something he has to work for it and to save for a rainy day.
We have a piggy bank for birthday money etc.
I explain to her how much she wants costs and then how much she needs to put aside each week to buy it.
Wishlists and opportunites to build up pennies slowly but surely :)
By teaching them how to budget
My kiddies have a money box and savings account. I try to teach about saving.
reminding them of the things that they want.
My girl has a money jar , if she saves she can buy bigger lego set when she has enough
I encouge him to save his pennies and to ‘buy’ toys with the money from his money box.
We try and show him that you have to save a little each week if you want to buy something you really want x
By making them write lists of things they want to buy and do maths to show how long each would take to save for.
My daughter has pocket money and has to save for anything she want if I don’t feel it is an essential x
By allowing them to buy an object they really want – (i.e some electric gizmo) that I say I’m not wasting money on … they will save and save and save and get there in the end!
I do struggle! Usually they have something – a new toy maybe – that they really want so they know that to get whatever they want, t they have to save their coins.
I give my daughter pocket money, she is naturally a saver – so never wants to blow her money on little things – she saves most of the time and it’s teaching her so much x
My little lad loves putting money into his special money box. We went out and he picked it and since then he loves saving. He also loves getting the money out and counting it.