Liv and I headed to the mall with a goal in mind: to buy something she has wanted for awhile! She received some money for her birthday and so we decided to save some and spend some. (Read more about how I teach my kids to manage money here.) Watch her process as she chooses her gift, pays for it at checkout and grabs a snack for herself.
Then in Part 2, her excitement and impatience gets the best of her… watch to see what happens!
Do your kids spend the money they receive as gifts? Or do you make them save it?