Episode Forty Four

Savings and Children

Nov 13th

Savings and Children

by Emily

My husband and I were both educators- he a School Supt and me a School Counselor. We had 2 sons. They each had daily chores, weekly chores and monthly chores. They each had checklists on the fridge to check off their chores. ( they could pick from a list of chores - so they had some ownership in it). They also received an allowance. They each had 3 piggy banks - actually jars - from their allowance, they kept 1/3 to do whatever they wanted, gave 1/3 to a charity of their choice and saved 1/3 that went in the bank. They are now in their 30's - and continue to manage money very well. They continue to find new 501c3's that they are passionate about to donate their money to. We all love your show. I so appreciate your boundaries - they are very clear. You are a phenomenal role model. I had a mom like you - lived until age 97. ( I'm 72) Thanks for all you do to empower and enlighten people.

Nov 13th

Judy says...

Judge Judy says…As a small child, I was taught the importance of saving money in order to have a solid future.

What Would You Say?

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