My child divides their money up into different piggy banks/accounts before spending it: Saving, Investing, Donating, Spending, etc.
My child saves most of his or her money, and spends only a little.
My child spends most of his or her money but saves a little bit.
My child spends all his or her money!
My child uses me like his or her very own personal ATM/bank machine!
My child is not interested in money.
Sometimes but he or she knows that I may say no.
No, my child earns his or her own money.
My child saves a small amount towards his or her goals and spends the rest of it right away.
Yes, my child is saving for a specific goal with the money he or she earns or receives!
My child doesn't have any goals!
My child often saves for a special goal, but then ends up spending their money before they reach their goal.
Yes, my child sometimes donates his or her money to charity, but not on a regular basis.
No my child doesn't donate any of his or her money to charity.
Yes, my child has a special charity that he or she donates a small portion of his or her money to on a regular basis. He or she feels really great to be helping someone else!
Yes, my child always donates to the toy and food drives at Christmas time.
"Okay, honey, now HOW can we afford that?" You ask your child to come up with a creative way to pay for it.
"No we can't afford that!"
"You know what darling, we CHOOSE not to afford that right now."
"Sorry honey, I don't know how we can afford that."
My child would tell me his or her business idea and ask for my support (not financial) in getting it started.
My child would ask me if he or she could do a job around the house to make some money.
My child would create a business plan that included hiring friends and family to create leverage and passive income to make money.
My child would ask her family and friends for the money.
My child understands all of these terms and knows how to make them work for him or her!
My child has a basic understanding of some of these terms, but not all of them.
My child has no clue about any of these terms.
I have no clue about any of these terms!