Another Day, Another Dollar...

We had a very productive first week of summer. We knocked out dentist appointments, visited with the orthodontist, got haircuts, went swimming...and opened savings accounts. The latter was not high on their list of fun activities. In all actuality, they were downright bitter about it! Those smiles are not real!

Thanks to their weekly allowance and a myriad of uncashed checks from Mimi, they had accumulated a decent reserve in their piggy banks. I decided that I wasn't going to let them keep blowing it on random junk every time they got the urge. It was time to learn the value of a dollar. In all fairness I only made them put half of their totals in the bank. Although a bit disgruntled, Alex understood the basic concept and begrudgingly agreed that it might be nice to save for "something really big." On the other hand, Carter acted like I was trying to steal his money. His head was positively spinning! We put in a call to our personal banker and Papa explained the concept of interest to him. The phrase "the bank will pay you to keep your money safe" seemed to make him feel better...until he got on-line the next day and realized he hadn't been paid "one single cent" for keeping his money for "one whole day"! Life lessons are not always fun!

Holding up their ziplocs of cash and checks.

The lady in new accounts was so patient in explaining the entire process.

She even taught them how to fill out their own deposit slips. Carter wanted

Alex to go first so he could watch.

While filling out his deposit slip, another customer came over and said, "it's so refreshing to see young kids being responsible. You are doing such a good job with them." While I was secretly feeling a moment of pride, Carter made eye-contact with me...then rolled his!

Making their first deposit

Posing with their receipts...although they wouldn't admit it, I think they were both a little proud!