Love this! One of my first videos was our Chore system. We have a "For Hire" board. These jobs are optional but the only way they can earn money. It teaches them that money comes from working. I think its SOOO important that kids be a part of this journey. It's so important parents teach these things. Great job on including them! 💕
Love how you are teaching Gaines and Brooks about saving! And as an elementary school teacher who teaches money, it’s wonderful seeing Gaines counting the money she saved. Wish that all kids would be able to have this hands-on experience! You are amazing parents!
I’ve missed watching your vlogs. You seem so much more like your old selves again. You’re both very inspiring in your debt journey and I can’t wait to see where it takes you and your family.
I wasn't super interested in watching this video at first because I don't have kids, but it was so great watching them learn from you. The more you guys are excited about the process of getting out of debt and saving money for stuff the more they will see that being on a budget is fun! It's amazing how much kids mimic their parents behavior. Love it
This is something very important that all families should be teaching their kids....what it takes to pay for things and how to work for it......a good way to cure the instant gratification problem we all seem to have these days.
I am honestly loving these videos. I am not married or a mom but I believe everyone can relate to these financial videos. As someone who has struggled with money in the past few years you have inspired to me to think more about the envelope system and refine mine.
Your videos have been so inspiring. We are a commission only income family. Your first video came out about three months before we would have potentially “run out of money” if more commissions didn’t come it. So while we currently have no debt, we have definitely really needed to work on getting on a budget and paying very close attention to where our money is going. I have learned so much from you all.
For our kids we found plastic jars in the dollar spot at Target and I think they came in packs of three. We labeled them SPEND, GIVE, AND SAVE. Every time they receive money for chores, birthday, grades, etc we help them divide it up between the three jars. Their save jar is long term savings and as it gets full that money goes into a savings account. The spend jar is to save up for things they want to buy and of course the give jar is for giving to the church or any other charity. I’ve been looking into starting a family economy for my kids to be able to earn money more consistently.
Gaines, you did awesome sorting those socks!! Then you put them away too!? Way to go girl!! What a great helper!! 🙌🙌 I am loving your budget envelopes that Culken did the drawings on. They are really great!!
This is great! My son picks up dog poop (50 cents per time), does his laundry ($1), crushes cans for recycling ($1), cleans his bathroom ($2, twice a month, $5 if he does mine too! Lol ), empties trashcans before trash day ($1), Puts away clean dishes (50 cents per time).. he’s a little older than your kiddos ( he’s 11 this month) but he’s been doing most of these for years! Great job mama and papa! I’m a new subscriber and I’m loving this series! ❤️❤️
Oh my goodness, y'all. I just have to say how nice it is to see so much of my family in yours. I'm grateful that y'all are just real and an evening in your house looks like an evening in our house. I'm grateful to be able to truly relate to you guys again. I'm just all in my feelings right now. Lol. Okay. Proceed with life. ❤
Holy Moly Magee! Brooke’s looks like Bennet so much! He always has but wow I bet if you put up a side by side face pictures you wouldn’t be able to really tell the difference!!!! Gaines is also grew so much holding the Ali! Omgosh!!!!!! Oooooo Cullen spoiler the get current chart for the next video heheheh :) I love the new videos but have missed seeing the kiddos 💜🐢
I watched your Aldi haul video and just want to make a comment ....... for folks who want to be cutting back on spending, there was far too much processed foods ........ Way back when I was sole support of my son and getting a meager paycheck, we survived paycheck to paycheck ...... no money for extras, only was was absolutely needed ..... my groceries would consist of dairy (milk, eggs, plain yogurt, hard cheeses for me to slice or not, and occasionally butter), meat (usually whole chicken(s) for me to butcher), fresh vegetables and fruits, saltine crackers, flours, sugar when needed for baking, oil, rice and/or whole grains, oat groats or long cooking oatmeal, and nuts when I could find a good price. Rarely would I buy canned veges or fruit, cookies, or bread. I made cookies and made my own bread. I saved so much money shopping and cooking this way ..... my son got to the point that no longer wanted packaged cookies or store bread ........ ok, of course in the mix laundry supplies and personal care items were also purchased on an as needed basis. The only time we got to eat out was if and when the child support came through (the meager amount that it was). More often than not, it went into the jar in the kitchen and held in abeyance for when my son needed a new pair of shoes ...... but once in a while, we would splurge and get a hamburger each and split an order of fries and we split a medium soda (back in the days when sodas were a realistic size)
Those pink envelopes needed no explanation! The cuteness overwhelmed me and brought tears to my eyes. This series is beyond awesome! We're cooking more, decluttering & organizing stuff that's been put off since before you listed your house and figuring out other ways to improve our lives like you have! Thank you for the inspirational content! :) Heather xo
I have been watching you guys since before you had Gaines and stop watching a couple years ago, but I love your debt videos and your family so much! So glad I started watching again ❤️
I've been watching y'all for SEVEN years!! ❤❤ I'm sick so I went back and watched a bunch of your older videos. I'm happy I've been here with yall for so long. 😁😁😁
To make it simple for me to understand as a kid, my parents always took 50% of my money and put it into savings for me. Not just money i earned, but all if it including money i got for birthdays, ect. It taught me to always save 50% of my money, and to this day, years after graduating, i save as much money as I can (usually almost 50% still) and have never spent a whole paycheck in a 2 week period. It was so impactful, and so easy for my parents to manage too.
I love how you are explaining to the kids if the money isnt in the envelope we either go without or have to earn more! wonderful life lessons! Financial literacy starts young! My son has just started to learn about money I am going to try the jar like you have for Gaines!
Love getting the kids involved! For chores, we work as a team so we don't do allowance for that. But we do a reward system for things like chores, showing good character, behaving through tough events, etc. these rewards can be turned in at the end of the month for toys, treats, or money.
I love that your incorporating your children in this journey. Some people would say; dont do it.... they are too young.... let them be kids.... yati yati.... I am grateful that at a very young age My parents taught me that money does not grow on trees
I love that you are teaching them about money at such a young age. Gaines, great job sorting, folding and putting the socks away. You need to teach my 16yr old how to do that! I start the FPU on Sunday! I can't wait!
A chore chart I found out that it's the best way; Because the kids can see what their chore is that day. Gaines and Brooks are so adorable , I love when Brooks ask can someone buy our house.😀
Just seeing Cullen grill gave me real old vlog vibes. Y'all seem like your true old selves again. I loved the video and I loved how you took the time to teach the kids about money and savings.
I have 2 teen daughter's,my 16 yr old doesn't like spending money at all,she refuses to spend $15 to $20 on a pair of jeans when she can buy almost the same type of jeans at Goodwill for $4,she also only shops clearance racks...my 15 yr old doesn't quite get the whole if you spend your money then you won't have it when you really need it,she is learning,it's a maturity thing with teens I think...keep up the great work Gaines and Brooks and you will have that Umbrella and Power Ranger in no time
Just wanted to tell you how much I have enjoyed your videos lately! I have been watching our direct tv creep up for several months! Decided to call and see what I could do. Dropped it down with a savings of $760 a year. Whoop Whoop! Thanks so much for you info!
I was never given on allowance or money for doing choirs, my hispanic mom doesn’t believe in that lol But I can’t wait to start that with my future family. I think it’s very important to learn the value on money early.
I have really loved this series! Your openness and willingness to let us into your process is so refreshing! One thing I was going to suggest was Gaines and Brooks could pick out some toys they no longer play with and you could try to sell them for them on FB Marketplace. It would help them earn that money even quicker. Hope you guys have a good weekend!
You guys are awesome! I'm at working on my budget myself and it is so hard to. Practice restraint and not think you need everything. money Burns a hole in my pocket.
Loving your hair katie looks good on you love seeing you guys work throw this it hard and we all go through this at some point of our lives its not easy all but look like you guys got some what of handle on it keep up the good work you guys
Love this teach them young!!!!! Thumbs Up to the whole family!!!!! God Bless Y'all!!! : - ) P.S I totally agree with what y'all were saying about tithing when we were in our slump and trying to do our tithing you are exactly right we would be blessed by someone or something. Our kids would even say don't y'all think y'all need to stop giving until you get back on your feet , and I would say no as long as I can do we are doing it!!!
Shoot, I am always impressed by your kids. Y'all have done an amazing job and they are just smart! I've been trying to teach my 3 1/2 yr old too about earning things, saving for our big vacation etc etc His favorite is spending a dollar at the dollar store. 😂 While I save like crazy bc one day he will want to go to best buy or something instead Haha
I love what yall did with Gaines money. That's awesome! I'm gonna have to start doing that. What we do with my son is if he wants a big present, this year it is a go cart he has to go 1 year saving his money, spending none on crap toys and me and his dad will pay for remainder of amount and call it birthday. His birthday is in May and he has almost saved 200.00 so it works out. But I am definitely trying yalls method also. Thanks!
Are you able to adjust your bill payment so that they come out on your payday? I have adjusted my mortgage, car payments, insurance, kids college fund to come out on pay day. That way. I don't have to worry about saving for a payment that will come out between paydays. It's so much easier. If you can do it that way! And makes it less likely for you to spend money that's already allocated.
thenunnery We do something similar by having a main checking account and then another checking out that we designate towards bills. We call it our “bill account” and all of our bills are paid via that account. No matter what date it is due or comes out, the money is there. Food and gas come out of the main account.
I keep suggesting this, but I understand you guys get a lot of comments. Please look into reading The Opposite of Spoiled by Dan Lieber. It's how to talk to your kids about money, and your two are the age that he talks about most in the book. He talks about allowances, how to teach them to save, how to teach them to give.... honestly, it's really good book. My daughter is 16, and I wish I had read it 14 years ago.
Even when my son was little we never paid him for chores. We specified that chores are what we do because we are all members of our family. However, there were extra jobs that he was allowed to do that earned him money. The biggest rule was he had to attend to school work and everyday chores before he could pick a ticket from the board. We would put the "jobs" on tickets that he could pick what he wanted to do and e ach job was assigned a monetary value. Bigger jobs sommetimes required some training and some jobs could be slpit into 2-3 days. Most jobs had a title, a $ value, what was expected and a time frame that was more than enough time to complete each job.. all the tickets had even dollar amounts. The reason for having even $ amounts was because we also started a "save-a-day" jar for all coines at the end of the day. We had a list of basics we would pay for and if he wanted something different he would have to use his money.. With envelopes for a budget of a three tier tithe, savings, and spending system, and his "save-a-day" jar he was able to keep his money matters straight. He was a math wiz very early on and by age 5 was able to pick out the best value items when we would go grocery shopping by unit. He had taught himself what the value of coins were by 2 and paper bills by 3. I know our system will not work for most, but we kept it challenging to keep it interesting for our math wiz.
A couple videos back you talked about splitting up cash envelopes. We have a his and hers (miscellaneous) that way we each do are own thing or can pick up odds and ends when out and about. We also have a envelope for each kid for maybe you would call miscellaneous again but things like hair cuts, special rewards or achievements, unexpected sign up or registration, random friend birthday party. Anyways love your budget vlogs! And this side of you all.
Our current favorite frugal meal that makes good leftovers is red beans and rice.... so yummy....great start start Cullen and Katie we are working our debt free journey right along with you
There is a chore chart on Pinterest that you can attach clothespins to so that you can put dollars to a particular chore or a sandwich bag with a coin(s) in them.I just mentioned this idea last night in my reply.I should have known that you would involve the kiddos in this.Great job.Keep up the good work. Be blessed and be safe❤
I was watching frugal fit mom on how she does allowances with her kids. Similar to what your doing. She saw them making decisions on needs vs wants. It was interesting to hear about her kids.
Not that I would recommend spending money on it while you’re getting out of debt, but definitely look at Dave Ramsey’s Financial Peace Junior products. They have really awesome books, chore charts and a really cool, clear piggy bank that is divided into three sections for those categories. Also, I like listening to Dave talk about this topic. He talks about how their kids were expected to do some chores simply for being a member of the household, and then other chores they earned “commission.” Love seeing people making this a priority with their kiddos. Starting good financial habits early is so important 😊
The hair dryer looks like Peppa Pig ♡ Side note, the Dave Ramsey book helped us so much. We've been living it for many many years now. We would never go back to how we used to spend!!!
Dave Ramsey has financial Peace curriculum for all age groups if families are looking for ideas on teaching their kids about money. We made it mandatory for our teens to go thru in order to graduate high school.
When my son was Gaines age I made an “earn” chart and he was able to come to me and tell me what he wanted to do,to earn extra money. He had certain chores he had to do and if he did them without me having to nag him (one reminder a day) he got .50 per age a week so for Gaines she would get $3.00 a week. This way they learn how to earn money regularly and save for it. I was able to budget that into my monthly budget as well. I had chores like sort socks, fold small towels and was cloths, sort laundry with me, clear dishes to sink, put silverware away, dust low shelves and as he got older I added more and more. I went to Dollar Tree and made a bright colorful chart that he loved looking at and I had enough stuff that I could change it up every week so it didn’t get boring. I learned and so did he that if it was fun it helped but if he got to choose he did more. Each chore was an additional.25-.50 at their age and as the chores got harder and he got older they became worth a little more. Hope that helps.
I’m sure you have already thought of this but when you are having a house showing, do not forget to grab all of your cash envelopes and take them with you!!!!!!!! It’s so easy in a rush to forget stuff like that😊
An idea for the kids might be to create a 3 envelope system when they get money for -saving-spending-sharing (donating). They make banks but ya'll are crafty and could probably do something better visually for them to watch it grow.
I was listeraly just thinking how I never see Cullen grill out no more and then bam! He did!! I love when my hubby cooks on the grill. [[and yes it's because I don't have to cook. 😂😂😂😂🥩🥩❤🤫 But I mean it's kinda hot too 🤷♀️😝]] But we are currently living in Montana so 5 feet of snow is covering our grill at the moment. Can't wait to be living back at the beach again.
In the uk here, so interesting listening you teach Gaines about the American money that seems so much more complicated than us with the different names 😂 here it’s Litterally 1p, 2p,5p,10p £1 £2 £5 onwards so it’s literally simple - 100p into a pound
You guys are amazing!!🥰 Yes, my 6 Year old son gets money for small (big) chores too. We live in Europe and the family is mixed Polish, austrian and american so he has a looot of different currancy in his jar😆 probably about 20$ I tried to calculated IT but I lost it at some point🙃
@cullen and katie here is anther way to earn some cash does cullen still have the i mac desktop i would recommand sell that since that would pay off some of your smaller credit cards, since you could sell that for like 1000-ish depending on specs and just use the 2 laptops
My kids get $2 a week. They have daily chores that they don’t get paid for but than the extra chores are what gets paid out. So making bed, picking up toys, that is daily chores. Extra chores like taking out trash, emptying silverware in the dishwasher, feeding and watering animals. That count to their extra chores.
We have our kids start with 3 envelopes. Savings, Tithe and Spend. 50% goes to savings, 10% tithe and 40% they get to spend. My oldest bought his own car when he turned 16. Training them young is the way to go! They are really thoughtful about their spending now. They have chores that they do just because they are part of our family....not paid! Then we have extra chores we call pay jobs! These are usually bigger jobs.
We use a point system with my son! He starts off the day with 5 points every day. He can lose points and gain them depending on what rules we’ve set and how he acted at school (he he goes below the color green on the color chart he loses two points and if he stays at green or goes above he gets a point, and if he gets to the very top of the chart he gets 3 points). We have different prizes set at different “prices.” He can “spend” his points once he gets to the amount of the prize or he can choose to save them if he wants a bigger prize. (Prizes: 15 Points - Park after school OR 30mins of video games, 20 Points - 1 Candy OR S’Mores over a fire with dad, 25 Points - 1hr Extended bedtime, etc...)
Okay... guys... anybody who wants this house, you can’t turn down a little boys wish! That was so sweet.
I love the new content you guys have been coming out with. Makes it hard to wait for another upload!
aw thanks! we're enjoying the learning process too! :)
❤️ saving money is such an essential part of growing up people forget to show their kids. Good job guys
so true!
Love this! One of my first videos was our Chore system. We have a "For Hire" board. These jobs are optional but the only way they can earn money. It teaches them that money comes from working. I think its SOOO important that kids be a part of this journey. It's so important parents teach these things. Great job on including them! 💕
Love how you are teaching Gaines and Brooks about saving! And as an elementary school teacher who teaches money, it’s wonderful seeing Gaines counting the money she saved. Wish that all kids would be able to have this hands-on experience! You are amazing parents!
I’ve missed watching your vlogs. You seem so much more like your old selves again. You’re both very inspiring in your debt journey and I can’t wait to see where it takes you and your family.
I wasn't super interested in watching this video at first because I don't have kids, but it was so great watching them learn from you. The more you guys are excited about the process of getting out of debt and saving money for stuff the more they will see that being on a budget is fun! It's amazing how much kids mimic their parents behavior. Love it
This is something very important that all families should be teaching their kids....what it takes to pay for things and how to work for it......a good way to cure the instant gratification problem we all seem to have these days.
I am honestly loving these videos. I am not married or a mom but I believe everyone can relate to these financial videos. As someone who has struggled with money in the past few years you have inspired to me to think more about the envelope system and refine mine.
Your videos have been so inspiring. We are a commission only income family. Your first video came out about three months before we would have potentially “run out of money” if more commissions didn’t come it. So while we currently have no debt, we have definitely really needed to work on getting on a budget and paying very close attention to where our money is going. I have learned so much from you all.
For our kids we found plastic jars in the dollar spot at Target and I think they came in packs of three. We labeled them SPEND, GIVE, AND SAVE. Every time they receive money for chores, birthday, grades, etc we help them divide it up between the three jars. Their save jar is long term savings and as it gets full that money goes into a savings account. The spend jar is to save up for things they want to buy and of course the give jar is for giving to the church or any other charity. I’ve been looking into starting a family economy for my kids to be able to earn money more consistently.
Gaines, you did awesome sorting those socks!! Then you put them away too!? Way to go girl!! What a great helper!! 🙌🙌
I am loving your budget envelopes that Culken did the drawings on. They are really great!!
Love how your explaining everything to them❤️
thanks! :)
This is great! My son picks up dog poop (50 cents per time), does his laundry ($1), crushes cans for recycling ($1), cleans his bathroom ($2, twice a month, $5 if he does mine too! Lol ), empties trashcans before trash day ($1), Puts away clean dishes (50 cents per time).. he’s a little older than your kiddos ( he’s 11 this month) but he’s been doing most of these for years! Great job mama and papa! I’m a new subscriber and I’m loving this series! ❤️❤️
Beautiful video. I love listening to these kids talk.
Alley cat looks good for 14 yrs old. Wow👍😊
Oh my goodness, y'all. I just have to say how nice it is to see so much of my family in yours. I'm grateful that y'all are just real and an evening in your house looks like an evening in our house. I'm grateful to be able to truly relate to you guys again. I'm just all in my feelings right now. Lol. Okay. Proceed with life. ❤
Omg Brooks’ little “i don’t know” 😍😍😍😍
Love seeing the kids. They are so precious. Love Brooks wanting someone to come buy their house. I pray they will.
Holy Moly Magee! Brooke’s looks like Bennet so much! He always has but wow I bet if you put up a side by side face pictures you wouldn’t be able to really tell the difference!!!! Gaines is also grew so much holding the Ali! Omgosh!!!!!! Oooooo Cullen spoiler the get current chart for the next video heheheh :) I love the new videos but have missed seeing the kiddos 💜🐢
I watched your Aldi haul video and just want to make a comment ....... for folks who want to be cutting back on spending, there was far too much processed foods ........ Way back when I was sole support of my son and getting a meager paycheck, we survived paycheck to paycheck ...... no money for extras, only was was absolutely needed ..... my groceries would consist of dairy (milk, eggs, plain yogurt, hard cheeses for me to slice or not, and occasionally butter), meat (usually whole chicken(s) for me to butcher), fresh vegetables and fruits, saltine crackers, flours, sugar when needed for baking, oil, rice and/or whole grains, oat groats or long cooking oatmeal, and nuts when I could find a good price. Rarely would I buy canned veges or fruit, cookies, or bread. I made cookies and made my own bread. I saved so much money shopping and cooking this way ..... my son got to the point that no longer wanted packaged cookies or store bread ........
ok, of course in the mix laundry supplies and personal care items were also purchased on an as needed basis. The only time we got to eat out was if and when the child support came through (the meager amount that it was). More often than not, it went into the jar in the kitchen and held in abeyance for when my son needed a new pair of shoes ...... but once in a while, we would splurge and get a hamburger each and split an order of fries and we split a medium soda (back in the days when sodas were a realistic size)
Those pink envelopes needed no explanation! The cuteness overwhelmed me and brought tears to my eyes. This series is beyond awesome! We're cooking more, decluttering & organizing stuff that's been put off since before you listed your house and figuring out other ways to improve our lives like you have! Thank you for the inspirational content! :) Heather xo
What you all did with the kids was FANTASTIC!! Great lesson!
I have been watching you guys since before you had Gaines and stop watching a couple years ago, but I love your debt videos and your family so much! So glad I started watching again ❤️
I've been watching y'all for SEVEN years!! ❤❤
I'm sick so I went back and watched a bunch of your older videos. I'm happy I've been here with yall for so long. 😁😁😁
To make it simple for me to understand as a kid, my parents always took 50% of my money and put it into savings for me. Not just money i earned, but all if it including money i got for birthdays, ect. It taught me to always save 50% of my money, and to this day, years after graduating, i save as much money as I can (usually almost 50% still) and have never spent a whole paycheck in a 2 week period. It was so impactful, and so easy for my parents to manage too.
Not all chores should be rewarded by money. Part of growing up is learning you have responsibilities to do chores that are not money driven.
I love how you are explaining to the kids if the money isnt in the envelope we either go without or have to earn more! wonderful life lessons! Financial literacy starts young! My son has just started to learn about money I am going to try the jar like you have for Gaines!
Look at Gains counting by fives! Great lesson having her save for a ‘want’. sounds like they loved the groceries - Brooks talking about a feast.
Love this! This reminds me that I have been wanting to start this with my kiddos.
Good parenting y’all! Gaines will appreciate that in the future. I love how Brooks says I don’t know it’s so cute
I think it’s amazing that you are teaching your kids these things so young.Loved this vlog. Can’t believe how big they have got 💗💗💗
I just loves Brooks’ hair and the way he speaks!!
Love getting the kids involved!
For chores, we work as a team so we don't do allowance for that. But we do a reward system for things like chores, showing good character, behaving through tough events, etc. these rewards can be turned in at the end of the month for toys, treats, or money.
I love that your incorporating your children in this journey. Some people would say; dont do it.... they are too young.... let them be kids.... yati yati.... I am grateful that at a very young age My parents taught me that money does not grow on trees
I love that you are teaching them about money at such a young age.
Gaines, great job sorting, folding and putting the socks away. You need to teach my 16yr old how to do that!
I start the FPU on Sunday! I can't wait!
So excited for all of you, your children are so blessed to have you (and vice versa of course ;) ) i can't wait to pay off my visa!!
A chore chart I found out that it's the best way; Because the kids can see what their chore is that day. Gaines and Brooks are so adorable , I love when Brooks ask can someone buy our house.😀
Just seeing Cullen grill gave me real old vlog vibes. Y'all seem like your true old selves again. I loved the video and I loved how you took the time to teach the kids about money and savings.
I love that you're showing the kids so early.
Your kids are precious 😍😭😍 Brooks and the booger, oh my goodness I cannot
You're bringing up some clever kids. The understanding they have is amazing, and Gaines is a Maths wizz
Really haven't watched this channel in a looong time and love these new videos!! Keep them coming!
I have 2 teen daughter's,my 16 yr old doesn't like spending money at all,she refuses to spend $15 to $20 on a pair of jeans when she can buy almost the same type of jeans at Goodwill for $4,she also only shops clearance racks...my 15 yr old doesn't quite get the whole if you spend your money then you won't have it when you really need it,she is learning,it's a maturity thing with teens I think...keep up the great work Gaines and Brooks and you will have that Umbrella and Power Ranger in no time
I just Found your Channel and I love it! I love to start this Journey with you to get out of Debt. 👍 lots of love from the Netherlands
Omg that Brooks snot moment is something for a wedding video 😂😂😂
Just wanted to tell you how much I have enjoyed your videos lately! I have been watching our direct tv creep up for several months! Decided to call and see what I could do. Dropped it down with a savings of $760 a year. Whoop Whoop! Thanks so much for you info!
This was an ADORABLE video!!! 😍
Love you guys!!! Thanks for continuing to share this process!! Can’t wait to see more! 🖤
thanks for watching! :)
I was never given on allowance or money for doing choirs, my hispanic mom doesn’t believe in that lol
But I can’t wait to start that with my future family. I think it’s very important to learn the value on money early.
I have really loved this series! Your openness and willingness to let us into your process is so refreshing!
One thing I was going to suggest was Gaines and Brooks could pick out some toys they no longer play with and you could try to sell them for them on FB Marketplace. It would help them earn that money even quicker.
Hope you guys have a good weekend!
You guys are awesome! I'm at working on my budget myself and it is so hard to. Practice restraint and not think you need everything. money Burns a hole in my pocket.
Gaines not caring about the money as much because she's getting Alley cat cuddles is the best!
Loving your hair katie looks good on you love seeing you guys work throw this it hard and we all go through this at some point of our lives its not easy all but look like you guys got some what of handle on it keep up the good work you guys
Love this teach them young!!!!! Thumbs Up to the whole family!!!!! God Bless Y'all!!! : - ) P.S I totally agree with what y'all were saying about tithing when we were in our slump and trying to do our tithing you are exactly right we would be blessed by someone or something. Our kids would even say don't y'all think y'all need to stop giving until you get back on your feet , and I would say no as long as I can do we are doing it!!!
Shoot, I am always impressed by your kids. Y'all have done an amazing job and they are just smart! I've been trying to teach my 3 1/2 yr old too about earning things, saving for our big vacation etc etc His favorite is spending a dollar at the dollar store. 😂 While I save like crazy bc one day he will want to go to best buy or something instead Haha
I love what yall did with Gaines money. That's awesome! I'm gonna have to start doing that. What we do with my son is if he wants a big present, this year it is a go cart he has to go 1 year saving his money, spending none on crap toys and me and his dad will pay for remainder of amount and call it birthday. His birthday is in May and he has almost saved 200.00 so it works out. But I am definitely trying yalls method also. Thanks!
Are you able to adjust your bill payment so that they come out on your payday? I have adjusted my mortgage, car payments, insurance, kids college fund to come out on pay day. That way. I don't have to worry about saving for a payment that will come out between paydays. It's so much easier. If you can do it that way! And makes it less likely for you to spend money that's already allocated.
thenunnery We do something similar by having a main checking account and then another checking out that we designate towards bills. We call it our “bill account” and all of our bills are paid via that account. No matter what date it is due or comes out, the money is there. Food and gas come out of the main account.
I just push everything to come out on the days I get paid. So if something is due on the 15th and I get paid on the 10th, I push it on the 10th.
I keep suggesting this, but I understand you guys get a lot of comments. Please look into reading The Opposite of Spoiled by Dan Lieber. It's how to talk to your kids about money, and your two are the age that he talks about most in the book. He talks about allowances, how to teach them to save, how to teach them to give.... honestly, it's really good book. My daughter is 16, and I wish I had read it 14 years ago.
Good for you to start teaching the kids this now.
Even when my son was little we never paid him for chores. We specified that chores are what we do because we are all members of our family. However, there were extra jobs that he was allowed to do that earned him money. The biggest rule was he had to attend to school work and everyday chores before he could pick a ticket from the board. We would put the "jobs" on tickets that he could pick what he wanted to do and e ach job was assigned a monetary value. Bigger jobs sommetimes required some training and some jobs could be slpit into 2-3 days. Most jobs had a title, a $ value, what was expected and a time frame that was more than enough time to complete each job.. all the tickets had even dollar amounts. The reason for having even $ amounts was because we also started a "save-a-day" jar for all coines at the end of the day. We had a list of basics we would pay for and if he wanted something different he would have to use his money.. With envelopes for a budget of a three tier tithe, savings, and spending system, and his "save-a-day" jar he was able to keep his money matters straight. He was a math wiz very early on and by age 5 was able to pick out the best value items when we would go grocery shopping by unit. He had taught himself what the value of coins were by 2 and paper bills by 3. I know our system will not work for most, but we kept it challenging to keep it interesting for our math wiz.
A couple videos back you talked about splitting up cash envelopes. We have a his and hers (miscellaneous) that way we each do are own thing or can pick up odds and ends when out and about. We also have a envelope for each kid for maybe you would call miscellaneous again but things like hair cuts, special rewards or achievements, unexpected sign up or registration, random friend birthday party. Anyways love your budget vlogs! And this side of you all.
Our current favorite frugal meal that makes good leftovers is red beans and rice.... so yummy....great start start Cullen and Katie we are working our debt free journey right along with you
There is a chore chart on Pinterest that you can attach clothespins to so that you can put dollars to a particular chore or a sandwich bag with a coin(s) in them.I just mentioned this idea last night in my reply.I should have known that you would involve the kiddos in this.Great job.Keep up the good work. Be blessed and be safe❤
I was watching frugal fit mom on how she does allowances with her kids. Similar to what your doing. She saw them making decisions on needs vs wants. It was interesting to hear about her kids.
Not that I would recommend spending money on it while you’re getting out of debt, but definitely look at Dave Ramsey’s Financial Peace Junior products. They have really awesome books, chore charts and a really cool, clear piggy bank that is divided into three sections for those categories. Also, I like listening to Dave talk about this topic. He talks about how their kids were expected to do some chores simply for being a member of the household, and then other chores they earned “commission.” Love seeing people making this a priority with their kiddos. Starting good financial habits early is so important 😊
Im just loving all this new inspiring content. God bless your stewardship!
I haven’t even started this video and I already liked it. It’s such a great lesson for kids. I love this!!!!
real MVP!
Love this! Kids need to learn about money mgt early on!
Love your hair colour Katie!! So beautiful!!! 👌🏼❤️
Loved seeing the kids tonght..They are so smart
Oh my gosh I died laughing when he wiped the booger on the table!😂😂 #BOYMOM
I’m loving all the new videos
The hair dryer looks like Peppa Pig ♡
Side note, the Dave Ramsey book helped us so much. We've been living it for many many years now. We would never go back to how we used to spend!!!
Brooks is getting so big!! I just noticed how much MG and him look so much alike!
Dave Ramsey has financial Peace curriculum for all age groups if families are looking for ideas on teaching their kids about money. We made it mandatory for our teens to go thru in order to graduate high school.
Great job with your kiddos. Gaines is at an age where these lessons will really sink in.
When my son was Gaines age I made an “earn” chart and he was able to come to me and tell me what he wanted to do,to earn extra money. He had certain chores he had to do and if he did them without me having to nag him (one reminder a day) he got .50 per age a week so for Gaines she would get $3.00 a week. This way they learn how to earn money regularly and save for it. I was able to budget that into my monthly budget as well. I had chores like sort socks, fold small towels and was cloths, sort laundry with me, clear dishes to sink, put silverware away, dust low shelves and as he got older I added more and more. I went to Dollar Tree and made a bright colorful chart that he loved looking at and I had enough stuff that I could change it up every week so it didn’t get boring. I learned and so did he that if it was fun it helped but if he got to choose he did more. Each chore was an additional.25-.50 at their age and as the chores got harder and he got older they became worth a little more. Hope that helps.
I’m sure you have already thought of this but when you are having a house showing, do not forget to grab all of your cash envelopes and take them with you!!!!!!!! It’s so easy in a rush to forget stuff like that😊
Aww Allie cat loves Gaines! So sweet!
The adorableness in this video, I can't even!
An idea for the kids might be to create a 3 envelope system when they get money for -saving-spending-sharing (donating). They make banks but ya'll are crafty and could probably do something better visually for them to watch it grow.
I was listeraly just thinking how I never see Cullen grill out no more and then bam! He did!! I love when my hubby cooks on the grill.
[[and yes it's because I don't have to cook. 😂😂😂😂🥩🥩❤🤫
But I mean it's kinda hot too 🤷♀️😝]]
But we are currently living in Montana so 5 feet of snow is covering our grill at the moment. Can't wait to be living back at the beach again.
You guys are great parents I love watching you guys with your kids
That Get Current chart is looking pretty great. I know that feels fantastic!
In the uk here, so interesting listening you teach Gaines about the American money that seems so much more complicated than us with the different names 😂 here it’s Litterally 1p, 2p,5p,10p £1 £2 £5 onwards so it’s literally simple - 100p into a pound
You guys are amazing!!🥰 Yes, my 6 Year old son gets money for small (big) chores too. We live in Europe and the family is mixed Polish, austrian and american so he has a looot of different currancy in his jar😆 probably about 20$ I tried to calculated IT but I lost it at some point🙃
Wish we had done this with our kids. To late now, they're all grown. Good job Mama & Daddy.
@cullen and katie here is anther way to earn some cash does cullen still have the i mac desktop i would recommand sell that since that would pay off some of your smaller credit cards, since you could sell that for like 1000-ish depending on specs and just use the 2 laptops
You are such wonderful parents ♥️
My kids get $2 a week. They have daily chores that they don’t get paid for but than the extra chores are what gets paid out. So making bed, picking up toys, that is daily chores.
Extra chores like taking out trash, emptying silverware in the dishwasher, feeding and watering animals. That count to their extra chores.
We have our kids start with 3 envelopes. Savings, Tithe and Spend. 50% goes to savings, 10% tithe and 40% they get to spend. My oldest bought his own car when he turned 16. Training them young is the way to go! They are really thoughtful about their spending now. They have chores that they do just because they are part of our family....not paid! Then we have extra chores we call pay jobs! These are usually bigger jobs.
Did Gaines say she wanted a “fox umbrella”, or am I not hearing correctly? Isn’t $26 for an umbrella a bit much?
Hubby taught our boys to always check coin trays on the candy machines as you pass, there’s often coins 👍🏻
Good job on starting the pay out low. I made it a buck a job and I was going broke paying my kids to do things.
Bahahaha, the booger Brooks got!! I'm dying laughing....
Those pork chops looked delish! Good job working hard Gaines!!!!!!!
I hope y’all clean that booger off the counter before someone else buys it!! Haha love it
So good to teach kids how to save and earn money!! 😉👍
We use a point system with my son! He starts off the day with 5 points every day. He can lose points and gain them depending on what rules we’ve set and how he acted at school (he he goes below the color green on the color chart he loses two points and if he stays at green or goes above he gets a point, and if he gets to the very top of the chart he gets 3 points). We have different prizes set at different “prices.” He can “spend” his points once he gets to the amount of the prize or he can choose to save them if he wants a bigger prize. (Prizes: 15 Points - Park after school OR 30mins of video games, 20 Points - 1 Candy OR S’Mores over a fire with dad, 25 Points - 1hr Extended bedtime, etc...)
Aw seeing your cat reminds me of my cat who passed away at 18. So sweet!