No. of Recommendations: 1
I could do this with my granddaughter but she's of the mind whatever adds up to ten dollars - even if it's junk, she'll buy it just to spend the money. I didn't raise her and don't see her enough to exert enough influence re her penchant to spend.

I was the exact opposite as a kid. I never got an allowance, but I did receive small amounts of money in dribs and drabs here and there (gifts, etc.)... but instead of spending it I'd put it in a box in my bedroom and hoard it all.

Then one day when I was 13, my dad took me to the bank and we opened up a passbook savings account for me, and I learned about putting my money in the bank and letting it earn interest and watching it grow. (Those were the days when interest actually paid something -- not like today.)

I guess even back then I was on track for early retirement. <grin>
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