It's Beginning to Come Together

It's Beginning to Come Together

I just got back from my lunch meeting with the student council at one of the school’s where I teach money management.  They are helping put together Kidnexions’ first Kids’-Only Yard Sale.  I’ve been salivating to do one ever since Keshelle from Camp Millionaire Bahamas emailed me about the one she was doing.  What a totally cool idea!

So here’s how it works.  At least, this is what I’ve got so far.  We’ll be “renting” out spaces in the school parking lot.  We’re asking for a minimum $5 donation which we are giving to Kids for Wish Kids (part of the Make-A-Wish foundation).  In money management terms, the donation is tax-deductable…at least for their parents.  It would be a shame to have this yard sale without bringing in all that great money vocabulary we’ve been talking about.  

The donation also shows one of the things we can do with our money: share it.

And the goal of the yard sale?  To make a profit…another great money word…and to clean out our closets.

The very cool thing about this yard sale is that it’s for kids only. Parents aren’t allowed to drag their old lawnmowers or dressers.  It’s kids buying, selling, and trading their old stuff.  Some are even planning on having a lemonade stand or selling baked goods.

Little entrepreneurs…another money word.  I hope to see some homemade crafts.

So the student council was assigned sign-making and getting the word out.  I have check-off sheets and all kinds of notes that I plan on putting up on the website when all is said and done.  Along with tons of photos of the event.  I’ve already learned a lot.  Like maybe next time we should have a limit of how many slots we rent.  Flyers went home Thursday afternoon and this morning I already have 10 kids signed up…with two weeks to go.  Uh oh.

2 thoughts on “It's Beginning to Come Together

  1. What a great idea! I am so glad there are supporting adults who care enough to get their children started in the structure of money making/saving. This is something they take with them their whole lives and should start practicing while still young! Kudos to this website and the ideas put forth! I am always interested in getting children off to an early start in learning to discipline themselves in the arena of finances. I have recently joined this FREE website called: kids-save.com, it is structured to help children manage and save money by completing chores. There is a fun game too, where they can build their own city with the money the earn. Parents can get involved, setting up chores and keeping progress on what their child has completed and how much they earn. Its fun, its simple and its a great way to show your children how to manage money and bond with them at the same time. I recommend this site to everyone who wishes to see their child succeed. kids-save.com

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