Teaching Kids About Money with Milk Money

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Million Stories Media sent us a piggy bank craft for the twins and asked me to get the word out about Milk Money, a docu-series on MillionStories.com. #TeachingMyKidsAboutMoney

Lawson thinks everything costs $2. I bought a toy at a garage sale and told him what it cost me. Now whenever he brings me play coffee or Ice cream from Gwendolyn’ ice cream truck, he tells me it costs two dawas, which roughly translated equals $2 in US currency. We’ve been slowly dripping information to the kids about how money works and how you get it. They have toys designed for teaching kids about money. They are playsets with cash registers and products meant to help play out transactions. When we get packages in the mail, we talk to the kids about the things we buy. Sometimes Eric will sometimes even break it down to how many hours of work something costs.

Digital Media Succeeds in Teaching Kids About Money Where FCS Classes Fail

There is so much bad information out there about money and it’s way too easy for young people to fall into credit card debt or take loans they can’t afford to pay back. That’s why teaching kids about money is so important to me. I want my kids to work within a proper framework of understanding money early on so that they can make financially responsible decisions in the future. That’s why I was so excited to partner up with Million Stories Media to promote their digital show Milk Money. The docu-series on millionstories.com shares real stories from millennials about the economical effects of raising a family.

Painting Piggy Banks with The Twins To Learn About Saving Money

Million Stories Media sent us a fun piggy bank painting craft to assist us in teaching kids about money. Lawson and Gwendolyn each got a piggy bank to paint and they got to be creative in how they painted them. This was not their first painting craft, and it’s been very fun watching them develop their artistry and creativity. Plus, they got a nice fluffy bubble bath afterward, which I think was the highlight of their day. The piggy banks are great for introducing the idea of saving money for education, emergencies, or a big purchase. We want them to know the right way to make a big purchase is to save up for it, not to put it on credit and pay it back with interest.