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Maggie's allowance
Aug. 5th, 2008 08:53 amSo it has been decided that since Maggie is doing a lot more household work and helping with her baby sister, she's now getting a small allowance every week. Since we're concerned that she'd either lose it or that Jamie would take it, not knowing what it really was, we're not actually handing her cash. Instead, ![[livejournal.com profile]](https://www.dreamwidth.org/img/external/lj-userinfo.gif)
selenite has set up a spreadsheet on his computer with her account, and will add money to it every Saturday.
She's VERY excited about this. We're trying to teach her about savings. Right now, at the end of each month she'll get 10% interest on what she saves.
We've talked about saving up for something she wants. Mostly, she wants to save up for her own computer. She's so excited at the idea. I told her that will take a LONG time to save up for. Fortunately,fordprfct can build computers from components, so it won't be as long a wait as if she had to save for a prebuilt one. I don't know if she'll be up to the wait or not. I expect there will eventually be some parental matching, if she does a good job saving.
selenite has set up a spreadsheet on his computer with her account, and will add money to it every Saturday. She's VERY excited about this. We're trying to teach her about savings. Right now, at the end of each month she'll get 10% interest on what she saves.
We've talked about saving up for something she wants. Mostly, she wants to save up for her own computer. She's so excited at the idea. I told her that will take a LONG time to save up for. Fortunately,
fordprfct can build computers from components, so it won't be as long a wait as if she had to save for a prebuilt one. I don't know if she'll be up to the wait or not. I expect there will eventually be some parental matching, if she does a good job saving.
