Teaching Children the Value of Money

Life With Our Wild Ones

In today’s climate of rapid inflation, increased use of tap & go payments and accessible credit and afterpay functions, it is becoming more and more difficult for young people to get a grasp on finances.  Apparently avocados have some part to play in this but I’m not so convinced :). So, I feel that its really important to start young in teaching them how money works and the value in saving. But where to start…..

Millie & Ollie Love playing shops and they love pretending to buy things with their pretend money. Bingo – found my in-road!

Recently, every time we go to a shop, the markets, restaurants, or any other place where we are required to pay for something they have started to ask us if they can pay by tapping our Credit Card. When we go to a restaurant and the Bill is brought to the table, Millie & Ollie (Mr & Miss Independent) have started asking us for the bill and our credit card so that they can go up to the counter by themselves and pay.

I have noticed that since they have started doing this more, that their way of playing shops has now changed. Instead of paying with pretend money they now pay with pretend cards and pay by tapping a card.

When we’re out – we get the usual pleading to buy things from the shops, or ask to go to a restaurant (they never miss those golden arches) and we say ‘not today’ or that ‘we don’t have money to do that’ they now reply by saying “It’s OK, we can just tap your card”. YIKES!  As they are starting to say this more often, we decided that we needed to start teaching them about money – how it works, how it’s earned and how to manage their own money.

To teach them how to EARN money, I have made them each a chore board. On this I have 5 jobs. They are simple jobs, but they are only four years old so couldn’t go too overboard (although I will admit, the prospect of them helping with tasks is quite exciting). Each time they complete a job they a star on the board as well as 50 cents to pop in their money box. I’m hoping that in doing this that they learn that to have money you do need to work and earn it, and that its not just a piece of plastic with unlimited money that you tap. I’m also secretly hoping that if this works that I no longer need to make their beds and pick up their toys. WIN! 

To encourage them to MANAGE their money I made them these cute little Spend, Save & Give Money boxes (see top picture). Each time they complete a task on their chore board, and they get 50 cents they have a choice as to which money box they put their money into. Each time they put money into a different box we talk about why they want to SAVE money, who they want to GIVE their money to (currently it is the buskers at our local markets) and how they want to SPEND their money.  

This is a new thing we have only just started doing with Mille & Ollie; however, they’re currently very excited by this idea and love earning stars, sticking stars in their board and love dropping money in their money boxes. I love that they are starting to be proactive and make their beds in the morning and that they are a little more encouraged to clean their bedroom. I make sure to give them plenty of praise to go with it and right now this is a win-win for everyone! Definitely worth the roll of fifty pence pieces! Give it a go with your littlies and let me know how you go!

Until next time

Chelsea xxx


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Kids and the Outdoors

Life with our Wild Ones

There is nothing that calms Millie & Ollie more than going on an Adventure into Nature. Whether it is a Bushwalk, a trip to the Beach, a Creek, or a Waterfall –  they instantly calm down.

From time-to-time Threenager tantrums get the better of us to the point that I have no patience left in me and my choices are to either go and lock myself in the bathroom OR to get the kids out of the house and into nature. Sometimes its just not possible to go on a Bushwalk or to the Beach, but I find just a walk or scooter ride to the park can have the same outcome for them…. as well as myself.

When at home it can sometimes be challenging because you want to have fun with the kids, however I find that I can be guilty of falling into the trap of thinking I can multitask entertaining the kids, doing the washing, and cleaning the house all at the same time. One thing I need to learn is that there is no point in doing this because I am the one that ends up stressed out and it does take away that precious time to purely focus on having fun with the kids and really, I should know by now that there is no point in trying to clean with them awake anyway because it won’t stay clean longer than five minutes.

Getting out of the house and especially into Nature is medicine for parents as much as it is for children. For me, it gives me the opportunity to slow down, clear my head and be 100% present with my children without seeing things I must do and writing lists in my head of all the things I think I need to do at home. It gives me the time to watch my children play, laugh, push their limits, build their confidence, use their imagination, appreciate them and be so grateful that they chose me to be their mum.  After getting out in nature I fill my cup and return home feeling energized and in a better mindset.

For the kids it is amazing how much they calm down. I’ve really noticed that we have no or very limited tantrums, there is no fighting, as they are in their element exploring, using their imagination, and playing with whatever bits of nature they can find. I love that they are also building respect for the outdoors as well as gaining confidence and becoming in tune with the land, which I personally feel is incredibly important to teach our children.

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Living in the City it’s not always possible to get out for a bushwalk, however we are very fortunate to live in a leafy suburb with plenty of parks which as I mentioned earlier can have the same outcome as getting out in nature. A trip to the park is a great opportunity to get away from screens and explore. We love exploring new playgrounds and skateparks. Lockdown was actually a great opportunity for the kids to practice on their bikes and scooters. Millie & Ollie were practicing A LOT in our driveway and were so eager to get back to the Skate Park when it finally reopened. Even going to the park or the Skate Park is the perfect opportunity for me to stop and slow down and admire my gorgeous children.


Next time you are at home and the kids are fighting, throwing tantrums, getting restless and you feel yourself becoming stressed try getting them outside. Take them for a walk, a bike ride, or a trip to the park. See for yourself how easy this can quickly improve your stress levels and how your children’s behavior changes. Depending on the day maybe their behavior won’t change much but at least you as a parent will be a little less stressed and in a better position mentally to handle your emotional child. Take a break from what you need to do, you definitely deserve it.

Chelsea xx

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