Spoiled With Savings

My little ladies decided this week that they are going to save up to buy their own iPad. All summer I dealt with my slow iPhone 3 in anticipation of  the release of the iPhone5. Finally this week I broke down and upgraded to the iPhone4.  The girls very patiently waited at the AT&T store as I went through the steps of the transaction.

When we left they informed me that they’d be purchasing an iPad together.  I said, “Great!”  My little Quinn asked if they saved up $100 if Shad and I would provide the remainder.  I told her that she could save up $250 and Rose could save up $250.

Earlier this year our ladies both saved up enough to buy their own American Girl Dolls. Check out how dreamy they look in this photo outside of the store.  I was surprised how quickly they saved up the money. They had a lemonade stand during our community rummage sale, we Craig’s Listed a few toys, they did weekend dog watching, and they did special work chores at their Nana’s house.

I have no doubt that they can save up the funds to purchase an iPad over time, especially with the holidays and their birthdays around the corner. To help them out I created this little savings chart.  Each time they save $5 they can fill in a square. So far they’ve already got six squares filled in. They dog sat over the weekend. Nana has a heavy tipping hand when she knows the girls have a goal. *winks*

While we were out shopping this week the girls found a nightlight that they wanted to buy. It was wonderful to see them talk each other out of the purchase in order to save their money. Do you have any stories to tell about your kids saving up for a big purchase? How did you help them reach their goal?  Or did you help by not helping? I would love if you would share.

Check back in on Thursday for a list of favorite educational iPhone (and soon to be iPad) apps. I’ll be guest hosting over at PeanutBlossom as part of I {Heart} iPhone Week!


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  • Stefanie Mclaughlin

    What a great idea! How old are your girls? We’re trying to teach our almost 4 year old about saving (coins only at this point) and he gets it, but this chart would be a great tool.