Added to the table set-back, Kyler also has a history of paying a lot of fines to me at the end of the month. Each time this happens I remind him he has control over these fines and if I were him, I'd rather see the money go in my envelopes instead of my mom's wallet. The last two months he has indeed been fine-free and has enjoyed the benefit of being able to keep his entire monthly budget.
He has to have learned much through this process, I am hoping he picked up on these big ones:
- He has control over his "wants".
- A little becomes a lot over a period of time.
- Waiting to get what he really wanted was worth it.
- Pride in himself for accomplishing this goal.
Click here to read about how we teach our kids to manage money.