Now develop a plan to reach your goal, pay yourself first, and keep track of what you’ve saved, and you’ll be making that big purchase before you know it! 2. Spend The spend container of your bank holds the money that you can spend on whatever you want. So, here comes a new question—how
do you decide what to spend it on (because you won’t have enough money to do everything—bummer!)? Make a wish list of things you’d like to spend your money on. Choose which item to purchase, and set aside money in your save container for the others. You’ll get something you want and still be managing your money wisely.
Spend your money wisely.
Remember—you can only spend what is in the “spend” container of your bank. No cheating !
Spending Limits To encourage my kids to really think about what they’re buying, and to make the point that they need to set limits, we decide in advance the amount that can be spent on a shopping trip (even if they have saved more) and we stick to that. It’s neat to see how they really think over their choices. Will they use all of the money on one item or get several less expensive items? How will they decide what to put back if they’ve exceeded their limit? Or will they pool their resources to get something more costly than each could buy separately? - Hills Bank employee
S A V E , S P E N D A N D S H A R E F O R L I F E .
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