A week plan – budgeting

Posted on May 11, 2009. Filed under: Money Lessons | Tags: , , , |

Last week we had a conversation in our family about money, budgeting, savings, and why we can’t buy everythink…

So we decided to give our daughter 100 EUR to provide us with whole week food. She prepared the menus for every day fom breakfasts to dinners and then she made the shopping list.

And it was an interesting week… first she was very enthusiastic about it, how she can buy whatever she wants and we will eat her favourite food… but then when the money was running out, she got desperate, she refused to finish the week plan. But I made her… I am not proud of it, but I always believe one has to finish what he started.

On the last day we had a family meeting. First she explains how she managed the money, how she felt, what she liked and disliked about it, what would she do differently… And then everyone answers the same questions. And it was quite educational for everybody. She even asked to have more weeks like this.


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